America Movil says considering options, including dropping bid it made in August, as shares fall 1.4%.

If tycoon Slim abandons his investment in KPN, it would cast doubt over the company's stated strategy of seeking expansion opportunities beyond Latin America.

Carlos Slim won't make higher offer Dutch telecoms group shareholder foundation wants.

Says he will abandon $9.5 billion bid after foundation linked to company mounts "poison pill" defense.

Raises bid for KPN's German arm by 6% to $11.5 billion.

Telefonica raised bid for KPN's German arm E-Plus to $11.4 billion.

Carlos Slim takes a swipe at arch-rival Telefonica with a bid for the 70% of Dutch telecoms group it does not already own.

Slim's only forays into Europe were to plough $6.1 billion into stakes in Dutch operator KPN and Telekom Austria, on which he is nursing huge paper losses.

Government sends clear signals that it will not shy away from breaking up the billionaire's business if necessary.

Latin America CEO says IPO shelved after access to credit eased.