Technology News
English Edition

Carlos Slim Buys Out AT&T's $6 Billion Stake in America Movil

By Agence France-Presse | Updated: 28 June 2014 10:36 IST
Carlos Slim Buys Out AT&T's $6 Billion Stake in America Movil
Advertisement

Mexican tycoon Carlos Slim has bought out US telephone operator AT&T's $6 billion stake in telecommunications firm America Movil, the company announced Friday.

The acquisition of AT&T's shares in the company represent 8.27 percent of America Movil's capital stock, according to a company statement. "Upon consummation of the transaction authorized today by the board of directors, AT&T will no longer be a shareholder of America Movil," it added.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: AT and T, America Movil, Carlos Slim, Shares, Telecom
World Cup Hits Online Streaming Record; Messi Most Tweeted-About Player
NSA Reveals Surveillance Statistics in Its First Transparency Report

Related Stories

Carlos Slim Buys Out AT&T's $6 Billion Stake in America Movil
Comment
Facebook Gadgets360 Twitter Share Tweet Snapchat LinkedIn Reddit Comment google-newsGoogle News

Advertisement

Featured
Follow Us
Latest Videos
More Videos
Tech News in Hindi
More Technology News in Hindi
Popular on Gadgets
Latest Gadgets
Popular Mobile Brands
#Trending Stories
  1. iPhone 17 Slim Design, Price Range, Specifications Revealed in New Leak
  2. Oppo Find X8 Series With Hasselblad Cameras Launched in India: See Price
  3. Realme GT Neo 7 Series With 7,000mAh Battery May Launch in December
  4. Vivo Y300 5G With Snapdragon 4 Gen 2 SoC Launched in India: See Price
  5. Apple Said to Be in Talks With These Indian Firms to Build Supply Chain
  6. HMD Fusion India Launch Teased; to Be Available on Amazon
  7. Redmi Note 14 5G Series Will Be Launched in India on This Date
  8. Samsung Galaxy S25 Ultra Dummy Units Hint Towards This Big Design Change
  9. Apple iPhone 15 Pro Max vs Samsung Galaxy S23 Ultra: Which is Better?
#Latest Stories
  1. Chinese DeepSeek-R1 AI Model With Advanced Reasoning Capabilities Released, Can Rival OpenAI o1
  2. Samsung's Black Friday Sale: Discounts on Galaxy Watch Ultra, Galaxy Watch 7, Galaxy Buds 3 Series, More
  3. Nubia Z70 Ultra With Snapdragon 8 Elite SoC, 64-Megapixel Telephoto Camera Launched: Price, Specifications
  4. Redmi K80 Series Launch Set for November 27; Design Officially Revealed
  5. Oppo Announces Android 15-based ColorOS 15 Globally with Find X8 Series: Compatible Models
  6. Realme GT Neo 7 Series Launch Timeline Leaked; Said to Get 7,000mAh Battery
  7. NASA’s Perseverance Rover Finds Organic Molecules on Mars
  8. Samsung Gauss2 Multimodal AI Model With Support for Up to 14 Languages Unveiled at SDC24
  9. Android Switch App for iOS Users Launched; Google Says Improved Data Transfers Coming to More Phones in 2025
  10. Oppo Pad 3 Pro With Snapdragon 8 Gen 3 Leading Version SoC, 9,510mAh Battery Launched
Gadgets 360 is available in
Follow Us
Download Our Apps
App Store App Store
Available in Hindi
App Store
© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »