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    AMX L   MXP001691213

AMÉRICA MÓVIL, S.A.B. DE C.V.

(AMX L)
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Brazil competition regulator signals 'complex' path for Oi sale approval

07/23/2021 | 06:57pm EST
The logo of Brazilian telecoms company Oi SA is pictured inside a store in Sao Paulo

SAO PAULO (Reuters) - The superintendence of Brazil's competition regulator Cade said on Friday it viewed an asset sale by Brazilian telecom Oi SA as "complex," suggesting that TIM, Telefônica Brasil and América Móvil's Claro may struggle to wrap up a quick sale.

The three companies won an auction to buy Oi's mobile network operations for 16.5 billion reais ($3.17 billion) in December, pending regulatory approval, after Oi filed for bankruptcy protection in 2016.

The decision by Cade's superintendence informs whatever final move the full board of the regulator may give.

($1 = 5.2006 reais)

(Reporting by Gabriel Stargardter; Editing by Chris Reese)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AMÉRICA MÓVIL, S.A.B. DE C.V. -0.05% 19.02 End-of-day quote.-12.31%
OI S.A. 0.61% 1.66 Delayed Quote.31.25%
TELEFÔNICA BRASIL S.A. 0.35% 48.87 Delayed Quote.1.64%
TIM S.A. 1.48% 12.99 Delayed Quote.-1.75%
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Analyst Recommendations on AMÉRICA MÓVIL, S.A.B. DE C.V.
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Financials
Sales 2021 1 016 B 48 856 M 48 856 M
Net income 2021 88 690 M 4 266 M 4 266 M
Net Debt 2021 547 B 26 309 M 26 309 M
P/E ratio 2021 14,1x
Yield 2021 3,26%
Capitalization 1 229 B 58 909 M 59 104 M
EV / Sales 2021 1,75x
EV / Sales 2022 1,80x
Nbr of Employees 182 858
Free-Float 47,0%
Chart AMÉRICA MÓVIL, S.A.B. DE C.V.
Duration : Period :
América Móvil, S.A.B. de C.V. Technical Analysis Chart | AMX L | MXP001691213 | MarketScreener
Technical analysis trends AMÉRICA MÓVIL, S.A.B. DE C.V.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 19,02 MXN
Average target price 20,95 MXN
Spread / Average Target 10,1%
EPS Revisions
Managers and Directors
Daniel Hajj Aboumrad Chief Executive Officer & Director
Carlos José García Moreno Elizondo Chief Financial Officer
Carlos Slim Domit Chairman
David Antonio Ibarra Muñoz Independent Director
Pablo Roberto González Guajardo Independent Director
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