America Movil, Telefonica ink non-binding deal for sale of WOM assets

America Movil SAB de CV

02/09/2024 23:42

MEXICO CITY, Sept 2 (Reuters) - Mexican
telecommunications giant America Movil, controlled by the family
of tycoon Carlos Slim, announced on Monday that it has signed a
non-binding deal with Spain's Telefonica to explore joint
participation in the sale of WOM assets.
    The assets of Chilean carrier WOM and its affiliates are
part of pending bankruptcy proceedings pending in U.S.
bankruptcy court, according to America Movil's statement. 

 (Reporting by Adriana Barrera; Editing by Sarah Morland)
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