Reuters gets exclusive on America Movil`s growth plans in television
11.18.2010
Reuters scooped international and Mexican media as the only news organization to get access to a closed investor meeting of America Movil, the leading Latin American wireless operator controlled by billionaire Carlos Slim. The exclusive on the companys plans to produce TV content and grow across the region helped push up America Movil shares 2.1 percent in New York. Bloomberg struggled to follow Reuters with the story, getting only some of the information from an analyst, while the scoop won online play on specialist media and in Mexican media. Reuters was also unmatched by Mexican and international media with news that Slim, the worlds richest man, was considering taking his iconic Sanborns retail chain to New York. The news helped push up the share price of Slim`s holding company Grupo Carso by more than 1 percent, traders said. The story was picked up by Bloomberg, citing Reuters.