Company News: América Móvil, Google, Maersk, Carlyle, Intrade

Carlos Slim’s América Móvil, which has 70 percent of Mexico’s mobile-phone subscribers and 80 percent of its land lines, may face a breakup, thanks to pending legislation to rein in the country’s telecom monopolies. The proposed law would create an agency to regulate competition in Mexico’s $30 billion phone and broadcasting industries, which are dominated by a handful of the nation’s wealthiest people. Smaller carriers that have struggled to compete against América Móvil could seek takeovers from non-Mexican companies for the first time. The news sent shares of Slim’s América Móvil to their lowest price in almost four years.

Google’s mobile software is on track to run on more tablets than Apple’s operating system for the first time this year, says research firm IDC. Devices running Google’s Android software will climb to 49 percent of the market in 2013, up from 46 percent last year, while Apple’s share will slip to 46 percent from 51 percent. Tablets starting at about $200 are gaining ground on Apple’s iPads, which start at $329. On March 13, Google announced Sundar Pichai will replace Android co-founder Andy Rubin at the helm of the business.