Market Overview

América Móvil Invests $60M in Mobli


Mobli the social-mobile photo and video-sharing multi-platform, today
announced that América
Móvil (NYSE: AMX), the leading provider of integrated
telecommunications services in the Americas has made a strategic
investment in Mobli as part of Mobli's $60 Million Funding Round and has
reached a business collaboration arrangement to introduce Mobli's
innovative products to América Móvil's mobile users.

“The mobile access is significantly enriching our daily lives and is
opening the door to completely new experiences for users around the
world. Mobli has developed a remarkable technology and this strategic
alliance will allow América Móvil to bring value added experiences for
its users

See full press release

Posted-In: News Guidance Contracts Legal Management Global


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