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Stock Market & Financial Investment News

News Breaks
March 8, 2014
19:07 EDTAMX, TVMexico regulators look to boost competition in broadcast, telephone, WSJ says
Mexico's Federal Telecommunications Institute, or IFT ruled that Grupo Televisa (TV) the country's leading broadcaster, is "dominant" in the broadcast market, says the Wall Street Journal. America Movil (AMX) confirmed that Carlos Slim's telephone companies were also declared "dominant" by the regulator. The decisions allow the regulator to impose regulations to "level the playing field," the Wall Street Journal continued. Reference Link
News For TV;AMX From The Last 14 Days
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January 28, 2015
13:04 EDTAMXAmerica Movil unit TracFone to Pay $40M to settle FTC charges
America Movil unit TracFone has agreed to pay $40M the Federal Trade Commission to settle charges that it deceived millions of consumers with hollow promises of “unlimited” data service. Reference Link
12:20 EDTAMXAmerica Movil unit throttling case settled for $40M, Bloomberg says

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