Telecommunications firm America Movil's first quarter net profit is expecte...
FILE PHOTO: The logo of America Movil is pictured on the wall of a reception area in the company's corporate offices in Mexico City, Mexico, May 18, 2017. REUTERS/Edgard Garrido
MEXICO CITY - Telecommunications firm America Movil’s first quarter net profit is expected to grow 3.7 percent when the company posts results early next week, despite a drop in revenue, according to a Reuters poll of analysts. The company, which is controlled by the family of Mexican billionaire Carlos Slim, is forecast to report revenue falling 1.3 percent.Reporting by Noe Torres; Editing by Sandra Maler
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