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America Movil SAB de CVengages in the provision of telecommunications services. It offers wireless voice, wireless data and value added services, fixed voice, fixed broadband, fixed data, pay television, information technology services, and over the top services. Read More It operates through the following geographical segments: Mexico Wireless, Mexico Fixed, Brazil, Colombia, Southern Cone, Andean Region, Central America, Caribbean, United States, and Europe. The company was founded on September 25, 2000 and is headquartered in Mexico City.
Mexico City, Distrito Federal
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America Movil acquires Nextel in Brazil for $905M
Latin America continues to remain a focus for investors that are eyeing up its large population and growth potential. In the latest development, America Movil, the Latin American carrier that is part of the Carlos Slim empire, today announced that it would acquire Nextel in Brazil, owned by NII (formerly Nextel International), for $905 million. NII in turn said that once the deal is closed, it has received approval “to dissolve and wind up NII.” This is a move to scale up an existing carrier in competition...
Mexico's America Movil to buy Nextel's Brazil operation: filing
FILE PHOTO: The logo of America Movil is pictured on the wall of a reception area in the company's corporate offices in Mexico City, Mexico, May 18, 2017. REUTERS/Edgard Garrido SAO PAULO (Reuters) - Mexico’s America Movil, which controls telecom operator Claro in Brazil, said on Monday that it will acquire 100 percent of rival Nextel’s Brazil operation, allowing for consolidation in the country’s already crowded sector. Claro will pay 905 million dollars for the company, which is controlled by mobile serv...
Deals of the day-Mergers and acquisitions
(Adds Intesa Sanpaolo, America Movil, easyJet, Kuwait Finance House, LGT, Carige; updates Deutsche Bank, Worldpay, JD Sports Fashion) March 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Monday: ** Potential bidders for troubled Italian lender Carige are in touch with the European Central Bank ahead of an April 15 deadline to submit possible offers, a source close to the matter said. ** LGT, the private bank owned by Lichtenstein’s princely family, is ...
Expected Apr 23