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Mobile & Wireless

BlackRock ups stake in America Movil to 5%

Friday 1 February 2013 | 07:02 CET | News
US investment company BlackRock has announced it now holds a 5 percent equity stake in mobile operator America Movil, after adding shares through investing activity by its funds. The holdings amounted to 3.8 billion of America Movil's L shares at the end of 2012, Bloomberg reports, citing a US regulatory filing. BlackRock previously had disclosed having about 1.3 billion L shares through various funds.

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Categories: Mobile & Wireless
Companies: America Movil
Countries: Latin America
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America Movil Q4 revenues down 1%, margins lower

Published 13 Feb 2013 08:31 CET | Latin America
America Movil reported fourth-quarter revenues down 1.1 percent to MXN 198 billion, hurt by the stronger peso. At constant ...





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