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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. |