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   
  • Telekom Austria Swings to Loss for 2014
    VIENNA-- Telekom Austria AG said late Tuesday it swung to a net loss in 2014 as macroeconomic conditions in its Central and Eastern European markets and declining ... Mexican communications giant America Movil acquired just under 60% of Telekom Austria ...
    02/10/2015 - 6:38 am | View Link
  • Facing battles at home, Carlos Slim’s America Movil moves into Europe
    Quick as a flash, America Movil announced that it has bought into the European market via Telekom Austria. The Telekom Austria Group told the financial markets that it had received an offer of €743 million from America Movil for a controlling interest in ...
    07/14/2014 - 11:32 pm | View Link
  • Europe stocks close narrowly higher after debt deal
    The pan-European FTSEuropean 300 Index closed marginally up 0.1 percent at 1,267.48 points, with European shares consolidating after a sharp rally yesterdayand investors shifting their focus to corporate news. The deal in the U.S. extends the government's ...
    10/17/2013 - 6:05 am | View Link
  • S&P 500 Extends Worst Month Since May 2012
    European oil producers helped lead losses in the Stoxx 600 as BP Plc, Royal Dutch Shell Plc and Total SA fell at least 1 percent. Royal KPN NV slid 3.4 percent after America Movil SAB said it may withdraw its bid for the Dutch phone company. Late yesterday ...
    08/30/2013 - 2:07 pm | View Link
  • S&P 500 extends worst month since May 2012 while oil retreats
    European oil producers led losses in the Stoxx 600 as BP Plc, Royal Dutch Shell Plc and Total SA lost at least 0.9%. Royal KPN NV slid 6.4% after America Movil SAB said it may withdraw its bid for the Dutch phone company. Late yesterday, KPN’s foundation ...
    08/29/2013 - 1:00 pm | View Link
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  • 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.
    04/25/2015 - 7:21 am | View Website
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