Carlos Slim

Carlos Slim gives up on idea of buying Telekom - report

The new "game of poker" around Telekom Srbija will be played without Telekom Austria and its majority owner, Carlos Slim's America Movil.

The Vienna daily Presse reported this on Tuesday, adding that the reason is "the high price" asked for Serbia's state-owned telecommunications company - and its "low profitability."

Carlos Slim To Own Bulgaria's Mtel

The second richest man in the world, Carlos Slim, would soon own Bulgaria’s largest telecom – Mtel, report Bulgarian-language media.

According to the reports, the company of the Mexican tycoon Carso Global Telecom, has filed a request with Bulgaria's competition watchdog a request to acquire Telekom Austria, which owns Mtel.