El Salvador and Mexico
News

AMX buys govt. CTE stake for US$295mn

Bnamericas
Mexican mobile holding company América Móvil (NYSE: AMX) has acquired a 41.54% stake in Salvadorian telco CTE from the country's government for US$295mn, América Móvil said in a statement. América Móvil now has a total stake of 94.4% in CTE, which provides fixed line and mobile services, among others.

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