0
Wireless

America Movil to cut investments after regulator decisions

Wednesday 18 May 2011 | 09:40 CET | News
America Movil is reviewing its Mexico network-spending plan and may reprioritize some projects based on regulatory decisions that have cut the fees it receives from rivals, Bloomberg reports, citing America Movil CFO Carlos Garcia Moreno. While the company will not trim its total Mexico network investment, it may reduce funding to projects that will generate less revenue because of regulators' actions, Garcia Moreno said. According to the company executive, America Movil may put a lower priority on projects where it relies on fees from rivals because clients mostly receive calls and do not

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: America Movil
Countries: Mexico
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Slim to invest MXN 32.5 bln in Mexico telecoms ops in 2012

Published 07 Mar 2012 09:14 CET | Latin America
Mexican billionaire Carlos Slim's companies plan to invest 60.25 billion pesos (approximately USD 4.64 billion) in Mexico this ...

Carlos Slim may inject USD 14 bln to boost LatAm mobile ops

Published 27 Jan 2012 10:20 CET | Latin America
Mexican billionaire Carlos Slim could invest at least USD 13.9 billion to expand America Movil's network in Brazil and Mexico ...

America Movil scores victory in battle to overturn fine

Published 29 Jun 2011 09:53 CET | Mexico
America Movil said it scored a legal victory in its attempt to overturn a record USD 1 billion fine as Mexico's antitrust chief ...

America Movil to invest USD 1 bln in Argentina by 2012

Published 18 May 2011 08:59 CET | Argentina
Carlos Slim's America Movil will invest around USD 1 billion in Argentina by end-2102. The investment will be made in two phases, ...

Court ruling will not affect earnings – America Movil CFO

Published 09 May 2011 14:10 CET | Latin America
The Mexican Supreme Court's recent ruling enforcing the interconnection rates set by the telecoms regulator while they are ...

Mexican competition watchdog explains Telcel fine

Published 27 Apr 2011 18:28 CET | Mexico
Mexican competition watchdog Federal Competition Commission (CFC)has confirmed that it has fined America Movil's mobile unit ...

America Movil fined USD 1 bln for monopoly practices

Published 16 Apr 2011 10:50 CET | Mexico
America Movil announced it has been ordered to pay a MXN 11.99 billion (approximately USD 1 billion) fine by Mexican competition ...

Cofetel sets Telcel-Alestra interconnection fees

Published 17 Mar 2011 15:56 CET | Mexico
Mexican telecoms regulator Cofetel has settled a dispute on interconnection fees between America Movil's mobile unit Telcel, and ...





Calendar   /   Industry Events

27 Jan Comcast Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Apple fiscal Q1
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
28 Jan MTN Nigeria Q4 2021
28 Jan Charter Communications Q4
31 Jan NEC fiscal Q3
31 Jan KPN Q4 2021
31 Jan Cirrus Logic Q3
31 Jan NXP Semiconductors Q4 2021
31 Jan Harmonic Q4
01 Feb Tele2 Q4
01 Feb A10 Networks Q4
01 Feb Vantage Towers fiscal Q3
01 Feb Vodacom fiscal Q3
01 Feb EA fiscal Q3
01 Feb Alphabet Q4 2021
01 Feb AudioCodes Q4 2021
01 Feb Tele2 Q4 2021
02 Feb Qualcomm fiscal Q1
02 Feb Vodafone fiscal Q3
02 Feb Telenor Q4 2021
::: More Calendar Items