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 seeks AT&T, Softbank bids for Mexican assets-Bloomberg
    Sept 15 (Reuters) - Mexican telecom company America Movil has reached out to AT&T Inc and Japan's SoftBank Corp as it looks to sell assets along the east coast of Mexico that could fetch as much as $17.5 billion, Bloomberg reported, citing people with ...
    09/15/2014 - 3:32 pm | View Link
  • America Movil takes majority stake in Telekom Austria
    Latin American telco America Movil has upped its stake in Telekom Austria to a majority 50.8% after agreeing to buy some €743.4 million-worth of shares in the European operator. Announcing the deal this morning, Telekom Austria said that America Movil ...
    07/15/2014 - 2:30 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 in a $1 billion buyout offer, giving the Mexican billionaire a base to build up his presence in European telecoms. America Movil ...
    07/14/2014 - 12:18 pm | View Link
  • Regulators approve America Movil move into CEE markets
    Vienna (dpa) - Mexican telecommunications giant America Movil has won approval from market regulators to enter into a deal to gain greater control over Central and Eastern European provider Telekom Austria, the Vienna-based company said Monday. The ...
    06/29/2014 - 1:00 pm | View Link
  • Slim to Buy AT&T Stake in America Movil for $5.6 Billion
    Billionaire Carlos Slim will buy out AT&T Inc ... trailing Bill Gates. America Movil, based in Mexico City, operates in 18 countries in the Western hemisphere and holds stakes in European phone operators in the Netherlands and Austria.
    06/27/2014 - 9:25 pm | View Link
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