America Movil pursues SpaceX deal, shares up after strong third quarter

Quick Summary:

MEXICO CITY :Mexican telecommunications giant America Movil is exploring an agreement with tycoon Elon Musk's SpaceX space technology company to expand collaboration between the two companies, executives said on Wednesday.

The tie-up would be on top of a service agreement that the telecommunications firm already has with SpaceX satellite internet unit Starlink.

The logo of America Movill is seen on the wall at the company's corporate offices in Mexico City, Mexico March 14, 2018.

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Category: EconomyBusiness

Markets: SingaporeMexico

Topics: City Agreement Mobile Mexico Movil Spacex Telecommunications America Executives Earnings Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 00:52:45 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 231 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23092173

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