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As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

america movil-spn adr cl l (AMX) Key Developments

Investors Reportedly Negotiate Deal To Buy TIM

Telefónica, S.A. (CATS:TEF), Oi SA (BOVESPA:OIBR4) and America Movil S.A.B. de C.V. (BMV:AMX L) are discussing how to buy and split up TIM Participacoes S.A. (BOVESPA:TIMP3), Reuters reported citing a source with knowledge of the situation. No bid price has been set, although the consortium is believed to bid $15 billion for TIM Participacoes S.A. Telefónica, S.A. (CATS:TEF), Oi SA (BOVESPA:OIBR4) and America Movil S.A.B. de C.V. (BMV:AMX L) declined to comment immediately on the report. Telecom Italia S.p.A. (BIT:TIT), which owns 67% of TIM Participacoes S.A., and BTG Pactual Group (BOVESPA:BBTG11), which is acting on Oi SA's behalf on the deal, also declined to comment.

Carlos Slim To Sell Móvil SAB’s Assets In Mexico

Carlos Slim is looking to sell America Movil S.A.B. de C.V. (BMV:AMX L) assets in Mexico. AT&T, Inc. (BOVESPA:ATTB34) may be Carlos Slim's best hope for a buyer. Randall Stephenson, Chief Executive Officer of AT&T, said that the timing and structure of América Móvil’s breakup isn’t clear yet, and that his phone company would be just fine without Slim’s assets.“We believe we have found a path here that gets us a very nice, scalable growth platform without the América Móvil assets,” Stephenson said at an investor conference in November 2014. “If things materialize over time and those look attractive, you’d obviously have to look at them. But we really don’t need the América Móvil assets to be successful."

Über-Warning Inc. Teams Up with America Movil S.A.B. De C.V

Uber is teaming up with America Movil in Mexico. Through a strategic partnership, Uber's mobile application is now available on all Android phones in Mexico, and Uber riders accessing the app via América Móvil's local mobile unit Telcel will receive a MXN 150 (USD 10.65) discount on their first booking.

America Movil S.A.B. de C.V. Presents at 3RD MEXICO TELECOM SUMMIT, Dec-03-2014 through Dec-04-2014

America Movil S.A.B. de C.V. Presents at 3RD MEXICO TELECOM SUMMIT, Dec-03-2014 through Dec-04-2014. Venue: Sheraton Maria Isabel Hotel & Towers, Paseo de la Reforma 325, Cuauhtémoc, México DF, Mexico. Presentation Date & Speakers: Dec-03-2014, Alejandro Cantú Jiménez, General Counsel, Corporate Secretary and Assistant General Counsel of International TELCEL, Daniel Bernal, director of regulatory affairs, Marco Quatorze, VAS director.

America Movil S.A.B. de C.V. Presents at UBS Global Emerging Markets One-on-One Conference, Dec-02-2014

America Movil S.A.B. de C.V. Presents at UBS Global Emerging Markets One-on-One Conference, Dec-02-2014 . Venue: The Westin New York Grand Central, 212 East 42nd Street at 3rd Avenue, New York, New York, United States.

 

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