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Voip News
WhatsApp Begins Voice Calling Feature
WhatsApp is a popular messaging service that many people use in lieu of SMS messaging. Recently, WhatsApp began gradually rolling out a new VoIP feature that will allow users in India to engage in voice… →
Voxox Will Now Supply Cloud Phone Hosted VoIP
Every business owner is looking for ways to save money, time, and to increase the productivity of their business. Voxox, an internet phone service provider, is now offering a solution to this concern.… →
Voip Press releases
4PSA Receives 2014 INTERNET TELEPHONY Product of the Year Award
Orlando, Florida - February 4, 2014 - 4PSA - a technology leader in cloud communications software, announced today that TMC, a global, integrated media company, has named VoipNow Cloud OnDemand as a recipient… →
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 America Movil Increased Its Ownership in Telmex to 93%
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21 November 2011
America Movil has recently announced that the company had increased its share in Telmex from 60% to almost 93% after the preliminary results of a buyout offer.
This change represents a part of the Carlos Slim's strategy to consolidate the telecom empire under the umbrella of America Movil.
According to America Movil’s officials, the company holds 92.79% after the offer expired on November 11. In order to increase its share in Telmex, the company will shell out nearly $4.6 billion. Before the deal, America Movil had almost 60% of Telmex.
The Mexican stock exchange claimed that Telmex had been removed from the “IPC index and replaced by shares of food franchiser Alsea. It will also stop trading on Wall Street.”
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