The Brazilian units of Carlos Slim's America Movil SAB de CV said on Friday they planned to wrap up their merger by the end of the year, a day after receiving approval from Brazil's antitrust regulator. Wireless carrier Claro will absorb cable television operator Net Servi�os de Comunica��o SA and long-distance fixed-line phone company Embratel Participa��es SA, the companies said in a securities filing.
America Movil SAB de CV is a Mexico-based company, which is primarily engaged in the provision of wireless communications services in Latin America. Shares of AMX remained unchanged at $23.57. In the past year, the shares have traded as low as $19.01 and as high as $24.17. On average, 5393410 shares of AMX exchange hands on a given day and today's volume is recorded at 0.
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