February 14, 2018 / 3:53 PM / 6 months ago

America Movil will spend $8 bln on capex in 2018, CEO says

MEXICO CITY, Feb 14 (Reuters) - Billionaire Carlos Slim’s America Movil will spend around $8 billion on capital expenditures this year, Chief Executive Daniel Hajj said during a call with analysts on Wednesday.

On Tuesday, the telecommunications firm reported a loss of 11.295 billion pesos for the fourth quarter, its biggest loss in 16 years. (Reporting by Julia Love; editing by Michael O’Boyle)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below