{"id":833779,"date":"2024-07-18T10:11:58","date_gmt":"2024-07-18T04:41:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=833779"},"modified":"2024-07-18T10:11:58","modified_gmt":"2024-07-18T04:41:58","slug":"america-movil-swings-to-net-loss-citing-post-election-peso-volatility","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/18\/america-movil-swings-to-net-loss-citing-post-election-peso-volatility\/","title":{"rendered":"America Movil swings to net loss citing post-election peso volatility"},"content":{"rendered":"<p>MEXICO CITY: Mexican telecommunications giant America Movil fell short of analyst projections and swung to a net loss in the second quarter in results posted Tuesday, citing the depreciation of the local peso.<\/p>\n<p>The company, controlled by the family of Mexican billionaire Carlos Slim, reported a net loss of 1.09 billion ($60 million). In the same period last year, it posted a net profit of close to 26 billion pesos.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MEXICO CITY: Mexican telecommunications giant America Movil fell short of analyst projections and swung to a net loss in the second quarter in results posted Tuesday, citing the depreciation of the local peso. The company, controlled by the family of Mexican billionaire Carlos Slim, reported a net loss of 1.09 billion ($60 million). In the same period last year, it posted a net profit of close to 26 billion pesos.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-833779","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/833779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=833779"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/833779\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=833779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=833779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=833779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}