TMX: Telfonos de Mxico Instablogs

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Thursday, February 2, 2012, 8:44 AM Mexico's antitrust commission rejects an attempt by the country's two top broadcasters to join forces in a mobile-phone company and challenge telecommunications mogul Carlos Slim (TMX). Televisa (TV) sought to acquire a 50% stake for $1.6B in Iusacell, a small mobile-phone company owned by Ricardo Salinas, who also controls TV Azteca (AZTEF.PK), Mexico's no. 2 broadcaster. Comment! [Tech, Global & FX]
Friday, August 19, 2011, 3:15 PM 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. Comment! [Global & FX]
Tuesday, August 2, 2011, 4:20 PM Shares of Telmex (TMX) finish the day +9.1% after America Movil (AMX) says it's looking to buy the remaining 40% of the company it doesn't already own. Comment! [On the Move]
Monday, August 1, 2011, 5:02 PM Carlos Slim's Armerica Movil (AMX) is looking to acquire the 40% of wireline subsidiary Telmex (TMX) that it doesn't already own, for $8.8B. Like many wireline carriers around the world, Telmex's voice business has struggled to deal with competition from mobile and voice-over-IP services. Comment! [M&A]
Thursday, July 14, 2011, 2:08 PM Analysts say Time Warner's (TMX +0.1%) final Harry Potter installment could break the $1B mark. Adding to the positive sentiment for the firm, it also stands to gain from the significant problems at rival News Corp. (NWS +1.2%). Comment! [Consumer]
Tuesday, July 12, 2011, 4:58 PM Mexico's competition regulator is investigating whether a tie-up between Telmex (TMX), the country's largest home-phone network, and pay TV company EchoStar (SATS) has given Carlos Slim, the world's richest man, a backdoor entry to the television market. Telmex rivals have loudly complained for years that the partnership is improper; Telmex insists that it only has a narrow deal. 1 Comment [Tech, Global & FX]
Wednesday, March 9, 2011, 12:09 PM It may be as a spin-off or separately run unit, but Carlos Slim's Telmex (TMX -2.1%) is splitting in two, establishing a new company to handle rural investments, where the company says it's often operating at a loss. Rivals complain that access to Slim's telecom networks is too pricey, while Slim argues they need to establish their own infrastructure, particuarly in the hard-to-reach areas. Comment! [Global & FX]
Friday, April 23, 2010, 3:45 PM Carlos Slim's America Movil (AMX +0.8%) is nearing purchase of Corso Global Telecom in a $24B deal that also would establish a controlling stake in Telefonos de Mexico (TMX +1.2%). Comment!

TMX Telfonos de Mxico

TMX

Telfonos de Mxico