Carlos Slim Buys Businesses From Rival Telefonica for $648 Million
Carlos Slim, chairman emeritus of America Movil SAB, speaks during a press conference in Mexico City. (Photographer: Alejandro Cegarra/Bloomberg)

Carlos Slim Buys Businesses From Rival Telefonica for $648 Million

(Bloomberg) -- Carlos Slim’s phone empire is set to grow larger with the purchase of operations in Guatemala and El Salvador from longtime rival Telefonica SA.
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