Market Overview

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

Share:
Carlos Slim's América Móvil to Launch Netflix-type Service Claro Video in Mexico
Related AMX
Earnings Scheduled For July 18, 2017
Mid-Afternoon Market Update: Cheesecake Factory Slides After Lower Guidance; Cleantech Solutions Shares Gain
Related NFLX
The JPMorgan Mid-Day Note That Might Have Sent The Market Falling
Are Options Traders Betting On A Big Move In Nektar Stock?
The Vetr community has upgraded $NFLX to 2-Stars. (Vetr)

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

 

Related Articles (NFLX + AMX)

View Comments and Join the Discussion!