America Movil shares fall more than 1 pct after regulator ruling

lunes 10 de marzo de 2014 09:51 GYT

MEXICO CITY, March 10 (Reuters) - Shares of Mexican tycoon Carlos Slim's telecommunications group America Movil fell 1.39 percent in early morning trading on Monday.

The company was declared dominant in Mexico's telecoms sector by a new watchdog on Friday, as the government pushes to boost competition.

America Movil traded at 12.76 pesos shortly after the market opened. (Reporting by David Alire Garcia; Editing by Jeffrey Benkoe)