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General

America Movil hints at KPN stake sale

Monday 14 July 2014 | 09:44 CET | News
America Movil plans to sell an "attractive" cross-section of the company in order to avoid increased regulation in Mexico, its owner Carlos Slim said in an interview with Reuters. "Some people say that we are going to sell the low income customers, but nobody will buy that, we are thinking that we should do it in some transversal way...something that is attractive to buyers," Slim said. The sale needs to be big enough to create space for a "competitor all the way, in all the country," he said. Slim did not provide more detail on the assets up for sale, but said the company aims to complete

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Categories: General
Companies: A1 Telekom Austria / America Movil / KPN / Oger Telecom / Turk Telekom
Countries: Europe / Mexico
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