Home Page : Archive News : May 2015 News : America Movil's Brazil mobile unit to spend 20 pct less in 2015 | |
America Movil's Brazil mobile unit to spend 20 pct less in 2015 | |
May 01, 2015 SAO PAULO, April 30- The Brazilian wireless unit of Mexico's America Movil SAB said it expects to reduce capital spending by 20 percent this year following the completion of several projects. "This year will be tough for everybody, but it's a moment to believe in Brazil," Zenteno said, adding the spending reduction was not a response to forecasts of a recession in... Source: http://www.cnbc.com/id/102637497 |