America Movil SAB plans to pay a one-time dividend and buy back more of its stock, rewarding investors as the Latin American wireless carrier pursues the region’s largest acquisition this year. […]
China Mobile Ltd., the world’s biggest phone company by market value, agreed to buy 20 percent of Shanghai Pudong Development Bank Co. for 39.8 billion yuan ($5.8 billion) to expand its electronic-payment business. […]
China Mobile Ltd. said its Guangdong Mobile unit agreed to subscribe for 2.2 billion A shares in Shanghai Pudong Development Bank for 39.8 billion yuan, giving it a 20 percent stake in the company. […]
PCCW Ltd., linked to a police probe following a court ruling that a buyout bid by Chairman Richard Li had been manipulated, said investors at Hong Kong’s biggest phone company should consider the takeover plan as “dead.” […]