Carlos Slim’s America Movil (AMX) Slides as Increased Regulation Looms
Shares of America Movil (AMX: Analysis), the fourth largest telecom provider in the world, plunged last week after a lower house congressional committee in Mexico passed a bill that threatens to break up the empire founded by Carlos Slim, the richest man in the world. Slim currently controls roughly 70% of Mexico’s mobile market and Read the full article...
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