GuruFocus rated America Movil Sab De Cv (adr) the business predictability rank of 3.5-star.
His stake in America Movil accounts for more than half of his net worth.
FORBES: Carlos Slim's America Movil Gets Reprieve On $1 Billion Fine, Sees Net Worth Climb
Both companies will now have to negotiate with America Movil for a share of Olympic coverage.
FORBES: Exclusive Rights To Broadcast Olympic Games Helps Tycoon Carlos Slim Enter Television
Top holdings include America Movil (13.6%), Fomento Economico Mexicano (7.8%) and Wal-Mart de Mexico (6.9%).
America Movil Sab De Cv (adr) had an annual average earnings growth of 30.3% over the past 10 years.
The dividend yield of America Movil Sab De Cv (adr) stocks is 1.1%.
America Movil has roughly 47% of the market for such devices, he noted.
America Movil had MIT professor Jerry Hausman, who directs the MIT Telecommunications Economics Research Program, look into the OECD report.
Shares then rebounded after reports that America Movil had acquired broadcast rights in Latin America (ex-Brazil) for the 2016 Olympics.
FORBES: A Rivalry Graphed: How Carlos Slim Overtook Bill Gates As Number One Richest In The World
Some analysts have said that uncertainty over the bill has been a drag on share prices of America Movil and Televisa.
He's currently consolidating his holdings--America Movil is planning to buy three other companies he also controls to expand the telecom juggernaut.
Market observers say the transaction should close before Christmas, re-uniting Telmex and America Movil after Slim spun off the latter in 2001.
One that we have felt confident about is America Movil, (NYSE:AMX).
The reform may challenge the empire of the world's richest man, Carlos Slim, whose America Movil company controls two-thirds of the phone market.
Firefox also has a strong lineup of carriers, including America Movil of Mexico, the largest carrier in Latin America, and TIM of Italy etc.
Cofetel said America Movil had agreed to five commitments as part of its efforts to appeal the fine, according to the Wall Street Journal.
FORBES: Carlos Slim's America Movil Gets Reprieve On $1 Billion Fine, Sees Net Worth Climb
Among the largest underlying components of VWO, in trading today China Mobile Limited ( NYSE: CHL) is down about 0.3%, America Movil, S.A.B. de C.
Among the largest underlying components of VWO, in trading today China Mobile Limited ( NYSE: CHL) is down about 1.1%, America Movil, S.A.B. de C.
John Griffin initiated holdings in America Movil Sab De Cv (adr).
The funds largest investment is in Grupo Mexico, at 7.94% of assets, followed by America Movil at 7.86% and El Puerto de Liverpool at 6.26%.
In a widely-cited report the OECD criticized America Movil in February 2012 for charging consumers some of the highest usage fees in the world.
FORBES: Will Mexico's Proposed New Telecom Law Affect Slim's 'World's Richest Man' Status?
But America Movil also has near market dominance in Brazil and Colombia, where governments are also pushing for tighter controls, and this has been addressed by the OECD.
FORBES: Will Mexico's Proposed New Telecom Law Affect Slim's 'World's Richest Man' Status?
The company got a major boost from 18 international carriers, including Telefonoica, America Movil and Sprint, which said they would carry the chapter phones aimed at emerging markets.
In a call with reporters Monday, America Movil Chief Financial Officer Carlos Garcia-Moreno said the company has requested the OECD to withdraw the report because it contains erroneous data.
He even praised the package of proposed laws in Mexico that might break up his America Movil telecom empire and thereby threaten his standing as the No. 1 wealthiest.
FORBES: Carlos Slim Hangs On As World's Richest, Bill Gates Still No. 2
The dividend yield of America Movil, S.A.B. de C.
FORBES: Guru Stocks at 52-Week Lows: AMX, AMOV, BIDU, ABX, GG
America Movil issued a statement Wednesday saying it had been informed by Cofetel that the fine had been reversed, without going into detail about the concessions the company had made.
FORBES: Carlos Slim's America Movil Gets Reprieve On $1 Billion Fine, Sees Net Worth Climb
Carlos Slim and his company America Movil recently bought stakes in one Spanish and two Mexican soccer teams, but none of the three franchises rank nearly high enough on any valuation list.
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