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The resolutions "create a lot of uncertainty for the future development and our future investments," he said. Comments 0.

In Mexico, America Movil is recovering from a landmark telecoms reform intended to lessen its dominance, but the regulatory landscape for the company appears to be improving. On Brazil, one of America Movil's most important markets, Hajj said the company is still evaluating whether to make a bid for Cemig Telecom, a unit of Brazilian utility Companhia Energetica de Minas Gerais.

He added that he was hopeful that the company will soon obtain a in Mexico to offer television, a service it has long been blocked from. America Movil says still evaluating bid on Brazil's Cemig Posted by on 18 July PM America Movil, Latin America's largest telecoms firm by of subscribers, said on Wednesday that it is still evaluating whether to participate in the sale of Brazil's Cemig Telecom. Hajj said he expects the administration of president-elect Andres Manuel Lopez Obrador, who takes office on Dec.

But data revenue rose and the company added 1. Hajj added that America Movil may challenge Chilean resolutions on telecoms, including a recent Supreme Court decision on spectrum, in international arbitration.