Ecuador to review America Movil's deal offer
Tue May 6, 2008 1:35am BST
QUITO, May 5 (Reuters) - Ecuador will review a final offer made by mobile giant America Movil (AMXL.MX: Quote, Profile, Research) (AMX.N: Quote, Profile, Research) to renew its cell-phone concession and considered the new terms "convenient for the state," a government official said on Monday.
Ecuador had last week stripped the Mexican company of its concession after it rejected terms to renew its contract for 15 years.
(Reporting by Jose Llangari; editing by Phil Berlowitz)