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   
  • America Movil doesn't rule out Telekom Austria capital hike for expansion
    VIENNA (Reuters) - Telekom Austria's majority shareholder does not rule out a further capital increase to fund European acquisitions, according to a newspaper interview published on Thursday. Mexico's America Movil wants to use the business, in which it ...
    01/8/2015 - 1:07 am | View Link
  • America Movil to own just over half of Telekom Austria
    MEXICO CITY (Reuters) - Carlos Slim's America Movil said on Monday it will take control of just over half of Telekom Austria (TELA.VI) in a $1 billion buyout offer, giving the Mexican billionaire a base to build up his presence in European telecoms.
    07/14/2014 - 11:56 am | View Link
  • América Móvil acquisition opportunities may exist in Eastern Europe, says analyst
    Acquisition opportunities for Mexican telco América Móvil (NYSE: AMX) may exist in Eastern European markets, Jake Saunders, VP of forecasting for technology market intelligence firm ABI Research, told BNamericas. América Móvil is a very strong player ...
    11/19/2013 - 9:31 am | View Link
  • America Movil to make buyout offer for Royal KPN
    MEXICO CITY--Mexican telecommunications heavyweight America Movil SAB (AMX, AMX.MX) said Friday that it plans to make a buyout offer for Dutch carrier Royal KPN NV (KPN.AE, KKPNY) at EUR2.40 a share, seeking to take control of the European company in which ...
    08/8/2013 - 8:46 pm | View Link
  • América Móvil free to raise stake in KPN
    América Móvil terminated its agreement to limit its stake in KPN, opening the door to the possibility that the firm will raise its stake beyond the 28 per cent it currently owns or even bid for the entire company. The move puts KPN's plans to sell its ...
    07/30/2013 - 6:48 am | View Link
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