 The Brazilian subsidiary of Mexicos America Movil SAB de CV will invest 7.8 billion over the next three years, Carlos Slim Domit, son of billionaire Mexican businessman Carlos Slim, said in a meeting on Wednesday with Brazilian President Jair Bolsonaro, according to the Folha de S. Paulo newspaper. Slim Domit also complained about the rules for the first auction of 5G frequencies in Brazil, expected for the second half of 2020, Folha reported. Jose Felix, chief executive of America Movils subsidiary Claro Brasil, and other group executives were also present at the meeting. 