Entering text into the input field will update the search result below

TracFone seeking interim CEO after death of founder Pollak

Jul. 05, 2016 5:53 PM ETAmérica Móvil, S.A.B. de C.V. (AMX) StockAMXBy: Jason Aycock, SA News Editor
  • TracFone (a unit of AMX) is pursuing an interim leader following the death of its founder and CEO, F.J. Pollak.
  • Pollak founded the prepaid wireless company in 1996 as Topp Telecom, and eventually grew it into the country's largest mobile virtual network operator, and one of the country's top providers overall.
  • Carlos Slim's Telefonos de Mexico (precursor to America Movil) bought a controlling interest in Topp in 1999, for $57.5M. Tracfone serves nearly 26M customers through seven brands operating all major mobile carriers.

Recommended For You

More Trending News

About AMX Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
AMX--
América Móvil, S.A.B. de C.V.