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America Movil may have to separate fixed unit

Mar. 01, 2017 4:19 AM ETAmérica Móvil, S.A.B. de C.V. (AMX) StockAMX, TVBy: Yoel Minkoff, SA News Editor1 Comment
  • Mexico's telecoms regulator has discussed forcing Carlos Slim to legally separate part of his fixed-line unit Telmex from the rest of the company, a move that would intensify antitrust rules against the business.
  • On Monday, its board voted on whether to toughen, maintain or loosen rules against America Movil (NYSE:AMX) and Grupo Televisa (NYSE:TV), and sources told Reuters they expected the proposal was on the table.

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