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 second quarter profit jumps 32.7%
    At the same time, the company is increasing its presence in the European market. Last week, America Movil announced a bigger stake at 50.8 percent to take majority control of Telekom Austria after a $1 billion buyout of minority shareholders.
    07/21/2014 - 6:22 pm | View Link
  • America Movil Holders Back Slim From Breakup to Expansion
    America Movil wants to develop in Eastern European countries, Chief Executive Officer Daniel Hajj said in a February conference call. Telekom Austria already operates in countries including Bulgaria, Serbia and Belarus. According to laws signed by ...
    07/16/2014 - 12:40 pm | View Link
  • America Movil deal sends Telekom Austria stocks soaring
    Vienna (dpa) - Shares of telecommunications provider Telekom Austria jumped 7.6 per cent Thursday, after Latin American market leader America Movil signed a deal to increase its clout in the Austrian company and in European markets. Mexico-based America ...
    04/23/2014 - 1:00 pm | 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 - 7:31 am | View Link
  • América Móvil still interested in KPN
    However, América Móvil's stock consequently fell, indicating the company's investors are concerns about Slim's plans to expand in the cutthroat and highly regulated European market. Julio Zetina, an analyst with Vector Casa de Bolsa, told Reuters that ...
    09/13/2013 - 8:26 am | View Link
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  • America Movil SAB de CV
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