America Movil Awaits Foreign Opportunity

America Movil Awaits Foreign Opportunity

M&A

America Movil, the regional telecoms powerhouse, is still looking for an acquisition target outside LatAm. "There is really nothing we are contemplating at present," says America Movil CFO Carlos García Moreno. "There doesn't seem to be anything particularly compelling out there," the executive tells LatinFinance. America Movil is generating a cash mountain from its dominance of the booming LatAm mobile phone market and overseas expansion is the likely next step. The Mexico-based company aims to

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