
FILE PHOTO: Mexican billionaire Carlos Slim addresses the audience during an event in Mexico City, Mexico November 27, 2019. REUTERS/Luis Cortes
January 27, 2020
MEXICO CITY (Reuters) – America Movil, the telecoms giant controlled by the family of Mexican bilionaire Carlos Slim, said in a regulatory filing on Monday that it had been fined 1.3 billion pesos ($69.53 million) by Mexico’s telecom regulator.
The company <AMXL.MX> said it had been fined for allegedly failing to comply with a requirement to share information about the availability of its telecom infrastructure, such as posts and ducts. America Movil said it would explore its legal options.
($1 = 18.6980 Mexican pesos)
(Reporting by Julia Love and Lizbeth Diaz; editing by Stefanie Eschenbacher)