Market Overview

Carlos Slim's América Móvil to Launch Netflix-type Service Claro Video in Mexico

Related AMX
Markets Lower As Geopolitical Uncertainty Continues
Markets Open Lower; Halliburton Posts Rise In Profit
Related NFLX
Top Performing Industries For July 30, 2014
Markets Little Changed Ahead Of The Federal Reserve's Policy Decision
Tech Rewind: Amazon Slides, Facebook Goes Mobile (Fox Business)

América Móvil (NYSE: AMX) will launch its own Netflix(NASDAQ: NFLX)-style streaming video service, Claro Video, in Mexico on Friday, according to FT. The Claro Video service will cost will cost about $5 per month, about 35% cheaper than Netflix.

Claro Video is expected to be available in all of Latin America by the end of 2013.

Posted-In: News Movers & Shakers Global Pre-Market Outlook Tech General


Most Popular

Related Articles (NFLX + AMX)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters