Mexico's America Movil to provide national roaming service to Telefonica Mexico
MEXICO CITY (Reuters) - Mexican telecoms giant America Movil AMXL.MX, controlled by tycoon Carlos Slim, said on Monday its Mexican unit had reached an agreement to provide a national roaming service to its main competitor in the local market, Telefonica Mexico.
America Movil serves two-thirds of the Latin American country's mobile phone market, followed by Spain's Telefonica, which operates in Mexico under the Movistar brand.
(Reporting by Natalie Schachar and Noe Torres; Editing by Subhranshu Sahu)
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