Carlos Slim Helu invested US$40 million in a mobile audio app company to compete against Apple's Siri and Google voice search.

Due to Carlos Slim's mega investment, analysts believe that app developer Shazam will gain access to millions of Latin American customers.

Smartphone app developer Shazam received US$40 million worth of investment from billionaire Carlos Slim.

Investors aren't so sure as to the direct outcome of Mexico's new law toward communication companies.

The world's richest man can now get a license to operate a pay for TV service. Carlos Slim, the Mexican billionaire, is now undertaking an aggressive incursion into the Mexican television market to take advantage of the benefits provided by new legislations passed on telecommunications.

The world's richest man now holds 31.1% of America Movil shares. Carlos Slim, the world's richest man, has further increased his shareholdings in his phone company America Movil.

Carlos Slim pumps in more money into Dutch firm KPN. The world's richest man, multibillionaire Carlos Slim has increased his stake in KPN with a fresh Eur4 billion infusion into the Dutch telecommunications group.

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.