Tag: America Movil

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Telcel faces fine of $90.6 mn for monopolistic practices

The Federal Telecommunications Institute (IFT) has imposed a fine...

Nokia and OTE Group set new optical transmission speed records

Nokia, in partnership with OTE Group, a member of...

Samsung may cut 30% jobs in overseas business units

South Korea-based Samsung Electronics is set to slash jobs of...

NXP Semiconductors plans $1 bn investment in India

NXP Semiconductors CEO Kurt Sievers said the company will...

America Movil reveals drop in Capex to $8.6 bn in 2022

America Movil in its earnings report said capital expenditures (Capex) reached 159.8 billion pesos $8.6 billion in 2022 vs 170.336 billion pesos in 2021. Telmex...

Telmex reaches agreement with workers union

America Movil subsidiary Telmex has reached an agreement with its workers union on retirement conditions (pensions) applicable from January 2023 to Telmex’s new employees. The...

America Movil reveals 5G business performance in third quarter

Telecom operator America Movil has revealed its 5G business performance during the third quarter of 2022. America Movil ended September with 382 million access lines,...

America Movil transfers telecom tower business in Latin America

America Movil has completed the transfer of its telecom tower business in Latin America countries to a new company called Sitios Latinoamerica. Sitios Latam is...

Telmex workers go on strike for hike in wage

The trade union of Telmex went on strike for the first time in nearly four decades after failing to reach a deal on wage...

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Nokia and OTE Group set new optical transmission speed records

Nokia, in partnership with OTE Group, a member of...

Samsung may cut 30% jobs in overseas business units

South Korea-based Samsung Electronics is set to slash jobs of...

NXP Semiconductors plans $1 bn investment in India

NXP Semiconductors CEO Kurt Sievers said the company will...

Infineon reveals breakthrough in 300 mm GaN technology

Infineon has announced a groundbreaking development in power semiconductor...
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