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.

Dutch telecom group KPN's biggest shareholder, America Movil, has ended an agreement to keep its holding below 30%, a sign it may bid for the whole company.

New company would hold about a 30% share of Germany's mobile service revenue.

Putative $6.6 billion merger would help companies vie with Deutsche Telekom, Vodafone.

There will be an elephant in the room when global mobile operators meet in Barcelona this week.

Expected to join the throng of European telcos diverting cash from shareholder payouts to capital investment.