The world's second-richest man is slimming down his empire.
Mexican phone operator America Móvil (AMOV), controlled by billionaire magnate Carlos Slim, announced plans this week to sell off assets in order to reduce its market share to less than 50%. The move came ahead of new legislation in Mexico intended to reduce monopoly power.
Carlos Slim, world's second-richest person, forced to break up telecom empire - Jul. 10, 2014
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