America Movil Regulation Key Amid AT&T Mexico Foray

By | July 20, 2015

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Regulatory pressure on American Movil (AMX) in its home market, Mexico, is still building amid AT&T’s (T) entry into the market, says RBC Capital. “Mexican regulatory pressure (has) still to play out,” said Jonathan Dann, an RBC Capital analyst, in a research report. Dann has an underperform rating on America Movil stock, which was flat in early afternoon trading on the stock market today. “The pace at which AMX adapts to new Mexican regulations, Scalper1 News

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