Wednesday, September 17, 2014

America Movil Seeks U.S. Carrier Bids


Carlos Slim of America Movil has contacted AT&T and SoftBank to see if they have any interest in purchasing the Mexican telecom company’s assets that could be worth up to $17.5 billion, Bloomberg reported. The sale would include America Movil infrastructure in a strip of states from north to south along Mexico’s eastern coast. America Movil has not yet asked for bids as the information given did not provide enough details for a company to make an offer, Bloomberg explained.  Continue reading here

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