Carlos Slim's America Movil (AMX) may sidestep a $1B fine from Mexican regulators for...

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

Carlos Slim's America Movil (AMX) may sidestep a $1B fine from Mexican regulators for anti-competitive behavior, as a ruling due in September now appears likely to be delayed. Regulators have accused the Latin American wireless giant of misusing subsidiary Telmex's (TMX) wireline infrastructure to stifle competition.