Telecom giant America Movil triples profit overnight—Find out what drove this explosive growth

Pallavi Madhiraju- October 16, 2024

Telecommunications giant America Movil reported an impressive third-quarter net profit increase, tripling its previous year's numbers, reaching $339.9 million. The Mexican company attributed its performance ... Read More

Verizon wraps up $6.9bn acquisition of wireless provider Tracfone Wireless

Pallavi Madhiraju- November 25, 2021

Verizon has wrapped up its previously announced $6.9 billion acquisition of US-based prepaid wireless provider Tracfone Wireless. The US-based telecom conglomerate had acquired Tracfone Wireless ... Read More

Verizon to acquire US prepaid wireless provider Tracfone Wireless from America Movil

Pallavi Madhiraju- September 14, 2020

Telecommunications conglomerate Verizon has agreed to acquire Tracfone Wireless, a prepaid wireless provider in the US, from Mexican telecommunications corporation America Movil in a deal ... Read More