As of Dec 31, 2017, America Movil S.A.B.'s (AMX) total subscriber count was approximately 362 million, flat year over year.
The IFT has decided to auction a total of 120MHz spectrums on the 2.5GHz band in six blocks of 20MHz each. This includes four for FDD-LTE services and two for TDD-LTE.
Gunmen in Mexico have killed a human rights official and his son in the northern state of Baja California Sur in a dramatic attack that was condemned by federal officials Tuesday.
Adolfo Lagos, a senior executive of television broadcaster Grupo Televisa was shot dead Sunday in an apparent robbery attempt while biking near Mexico City, the company said.
Media companies bribed Fifa officials for rights to show South American tournaments, says former CEO of Argentina sports marketing companySome of the world’s largest broadcasters, including Fox Sports, were involved in bribe payments to Fifa officials in order to secure the broadcast rights to major South American football tournaments, a key witness in the investigation into corruption at football’s governing body has told a federal court in New York City. Alejandro Burzaco, the former CEO of Torneos y Competencias, a major sports marketing company based in Argentina, testified that five other companies he had partnered with, including Brazilian network Globo and the Mexican network Grupo Televisa, had bribed Fifa officials during his tenure. Continue reading...
America Movil's (AMX) Q3 earnings gain from acquisition of wireless spectrum amid tough competition in the Mexican market.
A subsidiary of Grupo Televisa, a giant Mexican television network, is under scrutiny in a corruption probe.
MainStay Epoch International Choice R2 Fund (ICEYX) seeks strong return
Mexico is the largest economy in the Latin American region with a growing middle class population that is eager to spend more on high-speed wireless networks for optimal use of smartphones and tablets.
Comcast Corp. (CMCSA) and America Movil SAB (AMX) submit joint bids to the Mexican Football Federation for rights to telecast the men's and women's Mexico national team over the next two World Cup cycles.
In July 2017, America Movil SAB (AMX) purchased 60 MHz of wireless spectrum in the 2.5 GHz band from Grupo MVS.
America Movil SAB (AMX) is facing intense competitive pressure from big telecom operators like Telefonica and AT&T in Mexico.