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América Móvil, S.A.B. de C.V. (AMXVF)

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  • Reuters

    UPDATE 3-Workers end two-day strike at Carlos Slim's Telmex in Mexico

    A strike by workers at Mexican telecommunications firm Telmex, controlled by the family of tycoon Carlos Slim, will end on Friday after the union and the company reached a deal, the union said. By Friday afternoon, the strike that had begun at noon the day before was winding down as workers removed red and black flags from the main Telmex office in Mexico City, a union official said. Labor Minister Luisa Maria Alcalde announced the government-mediated agreement earlier on Friday, noting that company operations would return to normal as the strike ended.

  • Reuters

    Mexican workers at Carlos Slim's Telmex go on first strike in decades

    MEXICO CITY (Reuters) -The trade union of Telmex, the Mexican telecommunications firm controlled by the family of tycoon Carlos Slim, went on strike on Thursday for the first time in nearly four decades after failing to reach a deal with the company, the union said. Many chanted, "Carlos Slim, get this, the contract is not for sale," as passing cars honked in support. Workers said that negotiations broke down over a series of issues they said violated a collective bargaining agreement, including outsourcing work, the exclusion of union members from new Telmex projects, and a lack of investment to cover operational and administrative needs.

  • Reuters

    UPDATE 4-Mexican workers at Carlos Slim's Telmex go on first strike in decades

    The trade union of Telmex, the Mexican telecommunications firm controlled by the family of tycoon Carlos Slim, went on strike on Thursday for the first time in nearly four decades after failing to reach a deal with the company, the union said. Many chanted, "Carlos Slim, get this, the contract is not for sale," as passing cars honked in support. Workers said that negotiations broke down over a series of issues they said violated a collective bargaining agreement, including outsourcing work, the exclusion of union members from new Telmex projects, and a lack of investment to cover operational and administrative needs.