Grupo Carso

Grupo Carso or Grupo Sanborns SAB is a global conglomerate company owned by Carlos Slim. It was formed in 1990 after the merger of Corporación Industrial Carso and Grupo Inbursa. The name Carso stands for Carlos Slim and Soumaya Domit de Slim, his late wife.In May 2014, the conglomerate had a stock market capitalisation of over $12 billion US dollars.In 1996 Carso Global Telecom (which includes Telmex, Telcel and América Móvil) separated itself from Grupo Carso.