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El Salvador's competition authority said on Wednesday its review of Mexican telecoms firm America Movil's bid to acquire the local unit of Spain's Telefonica had not yet been concluded because it did not have all the necessary information.

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El Salvador's competition authority has rejected Mexican telecoms firm America Movil's bid to acquire a local unit of Telefonica, but the company controlled by the family of billionaire Carlos Slim vowed to try again.

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El Salvador's competition authority has rejected Mexican telecoms firm America Movil's bid to acquire a local unit of Telefonica, but the company controlled by the family of billionaire Carlos Slim vowed to try again.

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El Salvador's competition authority on Tuesday said it had rejected a bid by Mexican telecoms company America Movil to acquire the local unit of Spanish rival Telefonica, arguing the planned takeover did not meet anti-trust requirements.

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El Salvador's competition authority on Tuesday said it had rejected a bid by Mexican telecoms company America Movil to acquire the local unit of Spanish rival Telefonica, arguing the planned takeover did not meet anti-trust requirements.

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El Salvador's competition authority on Tuesday said it had rejected a bid by Mexican telecoms company America Movil to acquire the local unit of Spanish rival Telefonica, arguing the planned takeover did not meet anti-trust requirements.

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NEW YORK , May 1, 2019 /PRNewswire/ -- The evolution of cellular devices has rapidly progressed throughout the past few decades. The first cellular phones only allowed users to call one another for a very limited time before the battery died out. Now, however, with the introduction of the latest smartphones, consumers can perform diverse tasks, in addition to calling, simply through their device. Even daily tasks such as banking, shopping, and navigating can be done through a mobile device. But, without the telecommunications industry, these advancements would still be just a dream and consumers would not be able to enjoy the daily indulgence of their smart devices. Telecom providers supply consumers with the latest technology, allowing them to use their cellular devices at a faster speed than before. However, as telecom companies continue to launch new and advanced technologies, consumer trends also tend to shift. For instance, immediately after the release of 4G technology in 2009, consumers were satisfied with the speed and security of it.

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America Movil, the telecommunications giant of Mexican billionaire Carlos Slim, reported a first-quarter net profit of 19.44 billion pesos ($1 billion) on Monday, up 3.6 percent from the year-ago period and slightly above analysts' average estimate, as lower costs offset declining revenue.

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America Movil, the telecommunications giant of Mexican billionaire Carlos Slim, reported a first-quarter net profit of 19.44 billion pesos ($1 billion) on Monday, up 3.6 percent from the year-ago period and slightly above analysts' average estimate, as lower costs offset declining revenue.

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America Movil, the telecommunications giant of Mexican billionaire Carlos Slim, reported a first-quarter net profit of 19.44 billion pesos ($1 billion) on Monday, up 3.6 percent from the year-ago period and exceeding analysts' expectations.

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Telecommunications firm America Movil's first quarter net profit is expected to grow 3.7 percent when the company posts results early next week, despite a drop in revenue, according to a Reuters poll of analysts.

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America Movil, the Mexican telecoms company controlled by the family of tycoon Carlos Slim, said on Tuesday its shareholders had approved a share buyback plan worth 3 billion pesos ($158.51 million) for the period April 2019 to April 2020.

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Sowell Financial Services LLC bought a new stake in shares of America Movil SAB de CV ADR (NYSE:AMOV) during the fourth quarter, according to the company in its most recent filing with the SEC. The in

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Real Estate Management Services Llc increased its stake in Catchmark Timber Trust (CTT) by 135.79% based on its latest 2018Q4 regulatory filing with the SEC. Real Estate Management Services Llc bought

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Troy Asset Management Ltd decreased its stake in Procter & Gamble (PG) by 0.22% based on its latest 2018Q4 regulatory filing with the SEC. Troy Asset Westwood Global Investments Llc decreased its stak

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