América Móvil, S.A.B. de C.V.
AMX.BA
Buenos Aires Stock Exchange40,980.00
ARS
+680.00
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América Móvil, S.A.B. de C.V.
AMX.BA
(Buenos Aires Stock Exchange)
Recent
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40,980.00
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yld
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ROIC.AI
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- Business
- América Móvil, S.A.B. de C.V. provides wireless and fixed telecommunications services throughout Latin America and select European markets. The company offers mobile voice and data services including airtime, local, domestic and international long-distance calls, network interconnection, Internet access, messaging, wireless entertainment, mobile banking, machine-to-machine platforms, video calls and 5G connectivity; fixed voice and broadband services encompassing fiber-to-the-home, cable Internet, IPTV and pay television subscriptions under brands such as Telcel in Mexico, Claro across much of Latin America and Telmex Infinitum for high-speed data; corporate solutions including data centers, cloud computing, cybersecurity, managed services, virtual private networks, IT hosting and business process outsourcing; and additional offerings such as equipment sales, accessories, software development, call centers, advertising and media content streaming. Operations span 22 countries primarily in Mexico, Brazil, Colombia, Argentina, Chile, Peru and Central America with subsidiaries like Telcel commanding over 70% market share in Mexico and Claro serving key markets in the Caribbean and South America; the company maintains approximately 310 million wireless subscribers and 74 million fixed revenue generating units as of late 2024. Founded in 2000 through a spin-off from Telmex and headquartered at Lago Zurich 245 in Mexico City, América Móvil operates as a Forbes Global 2000 entity controlled by the Carlos Slim family. Recent developments include taking a controlling 91.62% stake in Chilean joint venture ClaroVTR to consolidate fixed and mobile operations there pending regulatory approval; forming and subsequently terminating a non-binding joint offer with Entel for Telefónica's Chilean assets in December 2025 while pursuing individual participation; partnering with Telefónica to explore acquisition of bankrupt rival WOM's Chilean assets; announcing $6.7 billion in capital expenditures for 2025 focused on 5G rollout in Mexico, Brazil, Colombia and Peru alongside fiber expansions; and committing up to $7.7 billion through 2029 for Claro Brasil infrastructure including spectrum and satellite enhancements.