Mexico's America Movil denies report it is in talks to buy Argentine telecoms firm Arsat

America Movil, the Mexican telecommunications company controlled by billionaire Carlos Slim, on Thursday denied a report it is in talks with Argentine President-elect Javier Milei's team to buy Argentina's state telecoms company Arsat.

"It's all false," Arturo Elias, Slim's spokesman and son-in-law, told Reuters when asked about the media report.

Citing sources close to the matter, website La Politica Online said plans to sell Arsat are very advanced, and reported that a member of Milei's transition team on Tuesday held talks with executives from America Movil's Argentine unit, Claro.