Tag Archives: América Móvil

El Salvador to examine third America Movil request to buy Telefonica

After two applications to buy Telefonica in El Salvador declared inadmissible, the Salvadoran Competition Superintendence (SC) decided to accept a third America Movil request and will begin the technical, economic and legal review of the transaction, to determine if it would limit competition in some way. In a 90 business day period, the agency will [...]

America Movil submitts a third request to acquire Telefonica El Salvador

America Movil -through its subsidiary Claro- requested the Salvadoran Competition Superintendence (SC) the authorization to acquire Telefonica (Movistar) in that country. The company sent the third request for the merger to the Salvadoran organization last September 19th, after the institution declared the second request inadmissible due to the lack of documentation required to authorize the [...]

America Movil denies negotiations with Telefonica and TIM Italy to acquire Oi assets

America Movil denied yesterday to be part of a negotiation agreement with Telefonica and Telecom Italy (TIM) to jointly buy Brazilian Ois assets. According to the Spanish newspaper Expansion, the idea is to buy (Oi) together, and then share its assets. Nothing has been negotiated at all, Arturo Elias Ayub, Communications Director at America Movil, [...]

Marca Claro and YouTube develop free Tokyo 2020 Olympic Games broadcast for Latin America

As officially reported on the Marca Claro website, part of the America Movil Group, all Tokyo 2020 Olympic Games activities will be available for free for the first time  on the Marca Claro official YouTube account. The offer will be valid in 17 Latin American countries, including Argentina, Bolivia, Chile, Colombia, Costa Rica, the Dominican [...]

Economic concentration between America Movil and Telefonica in El Salvador is declared ‘inadmissible’ again

Salvadoran Competence Superintendence (SC) declared the economic merger request presented by America Movil as inadmissible, aimed at acquiring the necessary share capital to control Telefonicas operations in El Salvador. The resolution was pronounced by the entity on Monday, August 26th, and the economic agents involved were notified on Wednesday, August 28th. America Movil submitted this [...]

America Movil expects to offer pay TV in Mexico at the end of the year

America Movil expects the Mexican Telecommunications Federal Institute (IFT) to approve the request to offer pay TV in the country. Daniel Hajj, CEO of the company, informed in an analysts conference that they hope to have the license before the end of the year. The executive mentioned that the regulator is making an internal review [...]

Carlos Slim Domit questions competition dynamics in Mexico

Carlos Slim Domit, America Movil Board of Directors Chairman, made critics on todays pay TV prices in Mexico and said that, with the lack of competition in the area, prices have increased in a considerable way, while telephony and Internet are maintaining cheaper rates than in the US. Telcel and Telmex, by investing in towns [...]

America Movil request authorization to offer pay TV in Mexico again

America Movil sent a formal request to the Mexican Telecommunications Federal Institute (IFT), in which it asks the regulator  to get authorized to enter the TV market in the country again, either via satellite or internet. Some of the arguments presented by the company in the request were that enabling TV access for any of [...]

America Movil’s request to acquire Telefonica in El Salvador is declared ‘inadmissible’

Salvadoran Competition Superintendence (SC) declared inadmissible the economic concentration request that America Movil submitted on March 5th to buy Telefonicas shares in El Salvador, after the announcement made in January on the agreement to buy Telefonicas subsidiary in the country for USD 315 million. According to an official statement from the SC, America Movil was [...]

America Movil wants to come to terms with Brazilian ISPs to offer pay TV and telephony

As it was reported in the conference where America Movil presented its quarterly results report, the company wants to agree with Brazilian ISPs that do not offer convergent services yet. We are talking with them to offer pay TV and mobile telephony, said the Mexican groups COO, Oscar Von Hauske,and, although he did not confirm [...]