Markets · Industry
—The company. América Móvil is the telecom empire of Mexican billionaire Carlos Slim and one of the world’s largest mobile operators.
—The result. Quarterly net income rose about twenty-five percent, to around twenty-three billion Mexican pesos (about US$1.3 billion).
—The reach. It serves more than four hundred million connections across the Americas and parts of Europe.
—The deal. It agreed to buy roughly seventy-three percent of a Brazilian broadband firm, deepening its push in the region’s largest market.
