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Telmex Carve-out Seen as Bargaining Ploy

Mar 10, 2011

Telmex’s announcement that it would split itself into two businesses represents little more than a cosmetic change, according to telecom equity analysts. “This is aimed at countering criticism of their monopoly position,” according to Chris King, a New York-based equity analyst with Stifel Nicolaus. “It’s a bone to throw to the regulators.” On Wednesday, the company announced plans to split...

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