America Movil expects asset spin-off in 2015

Monday 27 October 2014 | 11:53 CET | News
Mexico's America Movil hopes to complete a planned asset sale and a spin-off of its mobile telephony towers by the second quarter of 2015, said CEO Daniel Hajj, reports Reuters. According to him, if the Federal Telecommunications Institute (IFT) accepts the presented plan, some regulations placed specifically on America Movil for holding a dominant position in the market would disappear.

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Categories: Mobile & Wireless
Companies: America Movil
Countries: Mexico
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