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America Movil shares plunge on Mexican market From: signonsandiego.com
Tagged: america movil, latin america, Mexico, mobilePosted on: April 25th, 2008
Shares of America Movil, Latin America’s largest mobile phone service provider, plunged Friday following a 5.5 percent drop in first quarter profits.
Trying to ease shareholders’ concerns, CEO Daniel Hajj said in a conference call Friday that third-generation services such as wireless broadband in new Latin American markets should boost sales by year’s end and help the company recover.”*
Curation from Tomás
Filed Under: Business, Business News, International
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