#Latest news with #AmericaMovilSABBloomberg30-04-2025BusinessBloombergLoose Cigarettes, Shorter Calls Mark Slowdown for Mexican FirmsAs US tariff threats continue to wreak havoc on the Mexican economy, consumers are cutting back on everything from cell service and coffee to cigarettes and tequila. That's hitting the country's biggest companies including billionaire Carlos Slim's wireless provider America Movil SAB and retail conglomerate Femsa. America Movil said that 821,000 prepaid customers disconnected their service in Mexico, while others were making shorter calls to save money.
Bloomberg30-04-2025BusinessBloombergLoose Cigarettes, Shorter Calls Mark Slowdown for Mexican FirmsAs US tariff threats continue to wreak havoc on the Mexican economy, consumers are cutting back on everything from cell service and coffee to cigarettes and tequila. That's hitting the country's biggest companies including billionaire Carlos Slim's wireless provider America Movil SAB and retail conglomerate Femsa. America Movil said that 821,000 prepaid customers disconnected their service in Mexico, while others were making shorter calls to save money.