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America Movil bids to consolidate with Carlos Slim's Telecoms
01/16/10 03:52
America Movil SAB, a Mexican wireless company revealed its plans to offer Billionaire Carlos Slim's Telecoms - Carso Global Telecom and Telmex Internacioal (Telint), to create a regional telecommunications giant that would have 250 million subscribers.
If America Movil's plan would be approved, they would then delist Carlos Slim's Telecoms from the different markets on which they trade.
Learn more about America Movil's deal on the full report posted on Wall Street Journal, link provided below.
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