America Movil (AMX) agrees to buy a 21% stake in Telekom Austria (TKAGY.PK) from shareholder...

|About: America Movil SA de CV (AMX)|By:, SA News Editor

America Movil (AMX) agrees to buy a 21% stake in Telekom Austria (TKAGY.PK) from shareholder Ronny Pecik, a move that "is part of AMX's geographic diversification strategy and provides an attractive presence in Central and Eastern Europe." Financial terms weren't disclosed.