America Movil Extends European Push

Mexican billionaire Carlos Slim bought a 21% stake in Telekom Austria, hard on the heels of his bid for a major stake in Dutch phone company Royal KPN.

Topics:  carlos slim   telekom austria   dutch   royal kpn   stake   
  • Altice denies interest in America Movil's KPN stake
    Altice, the cable and mobile telecoms group controlled by billionaire Patrick Drahi, told a Dutch newspaper over the weekend that it has "no interest" in buying the 21 per cent stake held in KPN by America Movil ... the group's European operations ...
    07/19/2015 - 9:00 pm | View Link
  • America Movil Gets Clear Path To $2B Telekom Austria Play
    For more than a year, America Movil has mounted a European growth push of its own, with its Telekom Austria play being the biggest success. Last year, the Mexican company lobbed a €7.2 billion buyout bid at Dutch telecom powerhouse Royal KPN NV.
    06/30/2014 - 6:01 am | View Link
  • America Movil poised to gain control over Telekom Austria, but its strategy is still hazy
    Importantly, it represents a way for the billionaire to diversify his business in the face of increasing pressures in Latin America. What will come next for Telekom Austria is far from clear, however. In its statement on the shareholders' agreement and ...
    04/25/2014 - 3:30 am | View Link
  • Jeff Auxier Q3 Commentary: Buying Europe on the Cheap
    The Fund’s record extends back to 1999 and includes two 40% market declines ... by paying just ten times earnings for his out of favor America Movil (based in Mexico but also a major player in Europe). This management team is relentless on operating ...
    10/30/2013 - 1:37 pm | View Link
  • America Movil Q3 Earnings Disappoint
    America Movil (AMX) reported third-quarter 2013 earnings per ADR of 35 cents, missing the Zacks Consensus Estimate of 49 cents. The results deteriorated 41.7% from 61 cents earned in the year-ago quarter. Total revenue of MXN$194.2 billion ($15.1 billion ...
    10/28/2013 - 10:20 am | View Link
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    Worldwide mobile advertising revenue is forecast to reach $11.4 billion in 2013, up from $9.6 billion in 2012, according to Gartner, Inc. Worldwide revenue will reach ...
    08/4/2015 - 11:19 am | View Website
  • Majority Takeover of Telekom Austria AG by America Movil ...
    This report deals with the valuation and financing aspect of the majority takeover of Telekom Austria AG by America Movil SAB de CV.
    08/4/2015 - 7:37 am | View Website
  • Gartner Says Smartphone Sales Accounted for 55 Percent of ...
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