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General

America Movil seeks single buyer for certain Mexican assets

Thursday 10 July 2014 | 15:04 CET | News
America Movil is seeking a single buyer for some of its assets in the Mexican market, Informador reports, citing the company's subsidiary Telmex strategic alliances director Arturo Elias Ayub. The executive said that the potential buyer should be a capital-intensive firm willing to make strong investments in the Mexican market. The executive also said that America Movil did not yet define which are the assets that it will sell in order to meet new telecoms regulations. This week, America Movil announced plans to divest some of its assets in Mexico in order to avoid further regulation as a

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Categories: General
Companies: America Movil / Telcel / Telmex
Countries: Mexico
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