The fine was dealt out with relation to information filed by the company during the tariff fixing process for the period December 2014-February 2015.
Costs and expenses related to the growing sale of software subscriptions, as opposed to sales of software licenses, impacted results
Regulator Anatel announced another cut in interconnection fees starting this month.
The early stage venture capital firm announced the first close of its second US$15mn fund to continue supporting the growth of U.S. incorporated startups with technology and sales teams based in Latin America.
América Móvil's general counsel tells BNamericas that implementing social coverage obligations and allowing greater private participation in public programs would help bridge the country's digital gap.