[petesergeant]

It's very hard to find reliable sources for this story. Lots of news sites that have plausible sounding names, but then turn out to not really be a thing. And nothing at all in the mainstream media I can find.

If you have a link to a real news site carrying this, I'd love to see it, otherwise flagging for now.

[rrr_oh_man]

This Feb 12 2025 report in Milenio about an América Móvil press conference seems to be the source.

The chain looks like Milenio (Spanish) > Mexico Daily Post (English) > everyone else.

http://archive.today/JwEcG

In October of last year, América Móvil's CFO, Carlos García Moreno, confirmed during a call with analysts that they were seeking an agreement with SpaceX's Starlink to expand the collaboration between the two companies. If successful, the collaboration agreement will allow Musk's company to connect to América Móvil's main mobile services network, joining the commercial alliance to resell the firm's services that they had previously agreed upon. However, on Monday the Mexican businessman confirmed that these agreements were “pushed back” because they prefer to invest in their own infrastructure to offer this type of services. “It is better to put our own towers, plants and the optical fiber that links them,” he said.

[rrr_oh_man]

(I'm honestly curious who downvoted this and why...)

[defrost]

It's based on a Feb 10th interview as part of the América Móvil Q4 presentations and "going forward" annoumcements conference, more details emerged on the 12th.

The best you'll get, outside of the shareholder webcasts, is, say:

  But the prospects of this type of collaboration with América Móvil, announced in October 2024, were put on hold. Carlos Slim, honorary president of the company, said that the alliance with Musk “is going backwards.”

  “It is better to put our towers, plants and optical fiber to link them,” said the business magnate in his press conference held on February 10.

  Two days later, Daniel Hajj, CEO of América Móvil, confirmed the decision in a conference call with analysts, where he announced an investment of 22 billion dollars over the next three years to expand its infrastructure. With this move, the possibility of a collaboration with SpaceX was ruled out.

  Hajj clarified that América Móvil does not work with any satellite company on messaging services and that they are only evaluating the viability of the satellite for coverage in rural areas.

  “We are still reviewing whether that service makes sense for us. But, for now, we do not have any ongoing negotiations with satellite companies,” he said on the call with analysts on the fourth quarter 2024 financial results.

from: https://expansion.mx/tecnologia/2025/02/28/america-movil-cor...

( and other sources, this appears balanced ).

But it's all speculative w/out details - AM may or may not actually invest $22 billion, whatever they invest may or may not go with Starlink, this may or may not be a play to get a better deal.

[lfsh]

Canada cancelled a $100M Starlink deal. So $22B also seems like an extreme amount.

Other news sites say Slim was willing to invest 22B in better communications. So maybe Starlink was a part of this investment but I have a hard time believing Musk lost a $22B deal.

[truegoric]

I suppose those news are more of interest to the global south communities which is why western media don’t report on this (but that’s speculation on my part, since the news are indeed huge) - here’s an article from an Indian financial newspaper: https://www.livemint.com/companies/carlos-slim-cuts-ties-wit...

[Ardren]

https://mexicodailypost.com/2025/02/24/carlos-slim-orders-to...

https://www.milenio.com/negocios/slim-echa-pa-acuerdos-con-s...

[yieldcrv]

> In the US, lately, he has been heading up a “Department of Government Efficiency” (DOGE) initiative — not an actual government department, of course, since that has to be created by Congress

US Digital Service was renamed

So an existing agency was renamed by the executive

Congress not needed

Yeah, very poor source

[Ardren]

I mean it's right? He cannot create it, and the way he went about it might not be legal either. It was very odd.

The EO renamed USDS, to DOGE, but USDS still exists, and then created an organization under USDS called DOGE. But that the DOGE organization doesn't report to USDS, but to a new USDS administrator just for DOGE.

Source: https://www.presidency.ucsb.edu/documents/executive-order-14...

[yieldcrv]

It just renamed the D to be another acronym that starts with D, so not even a real rename. Mentions where the administrator will work, which is within the purview of the Executive - any agency can be administered directly except independent ones. And says they are still doing IT work, which is within Congress’ mandate.

What’s written on paper there is all compliant.

Everyone should read it for themselves before turning that specific verbaige into an amateurish partisan thing. Anything you don’t like here has to be taken up with Congress because they delegated all that authority eons ago.

[bboygravity]

I applaud flagging non-reliable stuff, but since when is mainstream media a reliable reference for "truth"?!

[bilekas]

If 22 Billion was being dropped off the table, you can be sure everyone would be all over this and covering every angle of it. Those "mainstream" media companies have the resources to follow up on a story like that.

This link seems to be a bit flimsy at best and they're referencing eachother as sources. This is why the "mainstream" media get paid the big bucks, they actually do a somewhat thorough job whether you trust them or not.

[yieldcrv]

For business decisions: forever