Thursday, November 12, 2009

Mexico's Dominant Telecom, America Movil, Begins Losing Market Share to Rival Telefonica

America Movil, S.A.B. de C.V. (NYSE:AMX), Carlos Slim's dominating telecom, reported that its share of the Mexican market slipped to 71.7%, as rival Telefonica S.A. (Madrid Stock Exchange:TEF) gained ground.

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