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Ecuador will renew America Movil deal

AP — Tue, 06 May 2008 04:02:13 +0000

Ecuador’s president has agreed to renew the operating concession for the local unit of mobile phone giant America Movil.Ecuador’s National Telecommunications Secretary Jamie Guerrero says America Movil’s local unit, Porta, is...

America Movil shares plunge, weighing down Mexican market

AP — Fri, 25 Apr 2008 17:40:39 +0000

Shares of America Movil, Latin America’s largest mobile phone service provider, plunged Friday following a report that the company’s first-quarter profit fell 5.5 percent.CEO Daniel Hajj said in a conference call Friday that third-generation services...

Ecuador rejects second America Movil bid

AP — Sun, 20 Apr 2008 00:30:30 +0000

President Rafael Correa warned Saturday that Mexican telecommunications company America Movil must leave Ecuador unless it boosts an insufficient second bid to keep its mobile phone service contract in the country.”The first offer they...