América Móvil, S.A.B. de C.V.

América Móvil, S.A.B. de C.V.

AMOV
América Móvil, S.A.B. de C.V.US flagNew York Stock Exchange
20.75
USD
-0.23
- -
65.61BMarket Cap
América Móvil, S.A.B. de C.V.
AMOV
(New York Stock Exchange)

Recent

price

20.75

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Capital Structure

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Business
América Móvil, S.A.B. de C.V. (AMOV) provides integrated telecommunications services across Latin America, the Caribbean and select European markets; offers mobile voice and data services, fixed-line telephony, broadband internet, pay television, enterprise IT solutions including cloud services and managed connectivity; and delivers business process outsourcing, satellite communications and digital content platforms under key brands such as Telcel in Mexico, Claro throughout most of Latin America and Embratel in Brazil. Founded in 2000 through the spin-off of Telmex's wireless operations and headquartered at Lago Zurich 245 in Mexico City, Mexico, the company serves over 310 million wireless subscribers and 73 million fixed revenue generating units as of late 2023, with dominant market shares including more than 70% in Mexican mobile services. It operates in countries including Mexico, Brazil, Colombia, Argentina, Peru, Chile, Ecuador, Central American nations, the Dominican Republic, Puerto Rico and through stakes in Telekom Austria Group for European exposure. The company maintains extensive infrastructure with hundreds of thousands of kilometers of fiber-optic cable, supporting 3G, 4G LTE and expanding 5G networks across major cities in Mexico, Brazil and other core markets; targets residential prepaid and postpaid customers, businesses seeking MPLS, small cells and integration platforms; and emphasizes technological innovation such as full site modernization for 5G readiness and digital transformation to enhance client interactions. Recent developments include ongoing negotiations for acquisitions in Brazil, such as Desktop to expand fiber broadband footprint targeting 15% household coverage; a strategic partnership with Telefónica to acquire Chilean rival WOM following its 2024 bankruptcy filing; robust Q3 2025 performance with 6.2% revenue growth, addition of 3 million customers and plans for $6.7 billion capital expenditures in 2025 focused on mobile and fiber expansions; and a Ps15.5 billion notes reopening in July 2025 to support financing needs. In prior years, América Móvil sold its U.S. TracFone Wireless subsidiary to Verizon in 2021 for approximately $6.9 billion, redirecting capital to Latin American 5G and fiber investments; cancelled a 2019 El Salvador acquisition from Telefónica in 2020 due to regulatory hurdles; and continues stakes in KPN (Netherlands) and Telekom Austria for diversified operations. These moves underscore a focus on consolidating leadership in high-growth segments amid competitive telecom landscapes.

Company News

APIChat
  • Liberty Latin America and América Móvil Combine Their Chilean Operations, VTR and Claro Chile, to Create a New Joint Venture

  • América Móvil and Liberty Latin America to Combine Their Chilean Operations

  • América Móvil, S.A.B. de C.V. 2020 Q2 - Results - Earnings Call Presentation

  • América Móvil, S.A.B. de C.V. (AMX) CEO Daniel Hajj on Q2 2020 Results - Earnings Call Transcript

  • Edited Transcript of KOFL.MX earnings conference call or presentation 29-Apr-20 1:00pm GMT

  • Edited Transcript of VISTAA.MX earnings conference call or presentation 29-Apr-20 1:00pm GMT

  • Edited Transcript of AEROMEX*.MX earnings conference call or presentation 22-Apr-20 3:00pm GMT

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