MEXICO CITY (Reuters) – Shares in Mexican telecommunications giant America Movil jumped 2% in Wednesday morning trading after the company reported strong results in the third quarter.
America Movil said on Tuesday that it had more than tripled its quarterly net profit as a weaker peso boosted its earnings abroad and as the company lowered financing costs.
(Reporting by Aida Pelaez-Fernandez and Noe Torres; Editing by Kylie Madry)
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