America Movil

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Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group Inc; Jim Rogers, chairman of Duke Energy Corporation; and Denis O’Brien, chairman of Digicel Group, during a taping of CNN’s Fareed Zakaria CNN-GPS show at the annual Clinton Global Initiative during the week in New York City. Photograph: Ramin Talaie/Getty Images

Digicel, the Caribbean mobile phone network controlled by Denis O’Brien, is understood to be preparing an estimated €1 billion bid for the Dominican R(...)

Representatives at America Movil, which owns about 30 per cent of KPN, and Madrid-based Telefónica held talks last week before agreeing on the revised terms over the weekend. Photographer: Susana Gonzalez/Bloomberg

America Movil and Telefónica have set aside years of rivalry in Latin America to salvage an $11 billion transaction in Germany, one of the biggest wir(...)

Spanish telecoms company Telefonica has  agreed to pay the equivalent of €8.55 billion for KPN’s German unit E-Plus, compared with its earlier offer of €8.1 billion. Photograph: Reuters/Juan Medina

Spain’s telecom giant Telefonica improved its offer for KPN’s German unit E-Plus, winning support from the Dutch telecom group’s biggest shareholder, (...)

Customers look at mobile phones on display at an America Movil SAB Telcel store in  Mexico.  America Movil said last week it wanted to buy the 70 per cent of KPN it does not already own. Photographer: Susana Gonzalez/Bloomberg

An independent foundation that can block a takeover of Dutch telecoms group KPN has expressed concern over the proposed €7.2 billion bid by Mexican bi(...)

Hannes Ametsreiter  chief executive of Telekom Austria declined to comment on bid speculation that pushed Telekom Austria’s share price sharply higher on Friday. Photograph: Reuters/Heinz-Peter Bader

Telekom Austria sidestepped suggestions yesterday that major shareholder Carlos Slim might try to take the company over after the Mexican tycoon bid f(...)

Billionaire Carlos Slim, who controls and chairs telecoms company América Móvil. Photograph: Reuters/ Mohamed Azakir

Carlos Slim’s América Móvil has made a bid to acquire KPN, the 160-year-old former Dutch telecoms monopoly, through a cash offer for the 70 per cen(...)

America Movil now may increase its shareholding to the level that would trigger an offer for the whole of KPN

Dutch telecom group KPN’s biggest shareholder, billionaire Carlos Slim’s America Movil, has ended an agreement to keep its holding below 30 per cent, (...)

Rene Schuster, CEO of the German Telefonica unit, which will sell buy KPN’s German unit for some €8.1 billion in cash and shares. Photograph: Ralph Orlowski/Reuters

Dutch telecoms group KPN will sell its German unit to Telefonica for €8.1 billion in cash and shares, in a long-awaited deal that will test the views (...)

 Telefonica says it has not received any verbal or written approach from AT&T. Photograph: Reuters

Shares in Telefónica, the euro zone’s largest telecoms group by market value, rose yesterday morning after the company was forced to deny reports in (...)

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