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   
  • Uber signs Latin America tie-up with Slim's America Movil
    MEXICO CITY (Reuters) - Uber Inc has signed a deal with billionaire Carlos Slim's America Movil to bring its app, which allows users to summon a car on their smartphones, to new customers in Latin America in a move it says could be a model for other regions.
    12/2/2014 - 3:08 pm | View Link
  • Telekom Austria shareholders OK rights issue of up to 1 bn euros
    Telekom Austria on Wednesday reported a first-half net loss of 317.8 million euros ($425 million), attributed to poor results in various Eastern European units. The company is counting on the takeover by America Movil to shore up its finances and ensure ...
    08/14/2014 - 6:23 am | View Link
  • Carlos Slim Buys Out AT&T’s Stake in America Movil for US$5.6 Billion
    Mexican billionaire Carlos Slim will buy out AT&T’s ... 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.
    06/30/2014 - 6:18 am | View Link
  • Telefonica Share Price: America Movil Vows Support for German Deal
    Following Telefonica’s initial offer, America Movil has separately launched an offer of €2.40 a share for KPN’s shares it doesn’t already own in a move designed to boost its position on the European market. KPN has responded by saying that it will ...
    08/26/2013 - 11:30 pm | 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
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