Shares in telecoms giant America Movil climb after strong Q3 report

MEXICO CITY (Reuters) - Shares in Mexican telecommunications giant America Movil (NYSE:AMX ) jumped 2% in Wednesday morning trading after the company reported strong results in the third quarter.

America Movil said on Tuesday that it had more than tripled its quarterly net profit as a weaker peso boosted its earnings abroad and as the company lowered financing costs.

Source: Investing.com