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America Movil opens way for stake increase in KPN

Royal KPN NV says America Movil has ended a cooperation agreement, a move that clears the way for the Mexican company to raise its stake in the Netherlands' largest telecom company. Full story

KPN shares gain on possibility of America Movil bid

BRUSSELS (Reuters) - KPN <KPN.AS> shares opened higher on Monday after the Dutch telecom group's main shareholder America Movil <AMXL.MX> terminated an agreement not to raise its shareholding to 30 percent, a level that would trigger a full takeover. Full story

Analysis: KPN deal small salve for America Movil losses in Europe

MEXICO CITY (Reuters) - Carlos Slim's phone giant America Movil could claw back some paper losses on its KPN stake through the sale of the Dutch company's German business to Telefonica but the move may raise fresh questions about the Mexican's long-term European plans. Full story

Insight: Threat of break-up looms over Mexican telecoms tycoon Slim

MEXICO CITY (Reuters) - As Mexico gets ready to unleash a battery of regulations to curb the power of telecoms mogul Carlos Slim, the government is sending clear signals that it will not shy away from breaking up his business if necessary. Full story

Carlos Slim raises bet on Dutch telecoms group KPN

BRUSSELS (Reuters) - Carlos Slim, the world's richest man, has backed KPN's <KPN.AS> plan to raise 4 billion euros ($5.3 billion) and will take two seats on the board as he battles to turn around a heavily loss-making investment in the Dutch telecoms group. Full story

Shares of Slim's America Movil sink on weak earnings

MEXICO CITY (Reuters) - America Movil <AMXL.MX> shares suffered their biggest one-day drop in more than four years after the phone company, Latin America's biggest, reported disappointing earnings, hit by weak revenue and higher costs. Full story

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Related Photos

The logo of America Movil is seen on the wall of the reception area in the company's corporate offices in Mexico City
The logo of America Movil is seen on the wall of the reception area in the company's corporate offices in Mexico City

The logo of America Movil is seen on the wall of the reception area in the company's corporate offices in Mexico City February 13, 2013. REUTERS/Edgard Garrido