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Mexico's Slim seeks bigger slice of U.S. phone market
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May 10, 2012
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<p><a href="http://news.yahoo.com/mexicos-slim-seeks-bigger-slice-u-phone-market-175532698--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/b8ONd6fz7pARRG626k1QuQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-05-10T210853Z_1_CBRE8491MQW00_RTROPTP_2_PHILANTHROPY-CLINTON.JPG" width="130" height="86" alt="Slim attends a discussion regarding megacities at the Clinton Global Initiative in New York" align="left" title="Slim attends a discussion regarding megacities at the Clinton Global Initiative in New York" border="0" /></a>MEXICO CITY (Reuters) - America Movil, the telecommunications company owned by Mexican billionaire Carlos Slim, intends to boost its presence in the United States with the purchase of California-based Simple Mobile, the second planned acquisition it unveiled this week. Fresh from offering some $3.5 billion for a bigger stake in Dutch telecoms company KPN NV , America Movil's U.S. unit, Tracfone Wireless, has now targeted Simple Mobile, a mobile virtual network operator (MVNO). ...</p><br clear="all"/>
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