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The Company is a provider of wireless communication services in Latin America based on subscribers.
cell phones in Latin America. Who am I to bet against Carlos Slim?
AMX is in trouble in Mexico, where its monopoly position is threatened, in South America, where it's losing out to TEF, and in Europe, where it can't get a major foothold. The only thing buoying the stock now is Slim himself buying back shares.
Chuck Akre pick telecom Latin America
One week trade
Long term pick. Following Carlos Slim's money on this one.
Growing technology in emerging market...seems like a win.
Strong company, lots of room to grow in the Americas.
AMX is a cash cow and mainly focused on growth,and very able competition
Stock split coming, dividend rising, all looks good, putting a little bit of real money on it for the long haul.
AMX gets a huge thumb down because of such nonsense like that below !http://www.telnor.com/irishttps://www.iris.telnor.com/MobileVoice/vwForgotPassword.asp?x=here the source below to doublecheck!http://en.wikipedia.org/wiki/Telnor
I got in on the deal when it was not a known entity. It was spun off from Telmax. Since then i have gotten Telephono Mexico International shares as another spin off. It does not hurt to ride the coat tails of the richest man in the world!!!
emerging market growth and a reasonable PE, sounds like a winner. carlos owns 30% of company.
i'll tolerate the volatility for the potential growth this offers in an emerging market.
Aquisitions; and covers most of South America, including Mexico.
I own it
Dominant player in Latin America
South American play, good dividend and strong growth.
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