** Shares in Mexican telecommunications operator America Movil AMXB.MX slipped more than 2% after missing fourth-quarter earnings estimates
** J.P. Morgan analysts describe "lackluster performance" in America Movil's largest operations, including in Mexico and Colombia
** Revenues in Mexico slowed, with executives cautioning they were monitoring pre-paid clients in the country on concerns of a slowdown in the local economy
** Analysts express concern of a recent constitutional reform in Mexico on oversight of the sector, with America Movil executives saying they are monitoring for impacts
** A possible divestment of AT&T T.N Mexico "to the government would only increase fears of a government overtake of wireless segment," Scotiabank analysts write
** America Movil maintains 2024-2026 spending plan around $22 billion, plus the Chile integration of its JV with Liberty Latin America LILA.O
** Mexico City-traded shares are down to 14.87 pesos a share, while New York ADRs are also down around 2%
(Reporting by Kylie Madry)
((Kylie.Madry@thomsonreuters.com))
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