Profile: America Movil SAB de CV (AMX)

AMX on New York Consolidated

23.97USD
25 Jul 2014
Price Change (% chg)

$0.13 (+0.55%)
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America Movil SAB de CV (America Movil) is a Mexico-based company primarily engaged in providing wireless communications services in Latin America. The Company’s activities include offering mobile and landline telephony services, broadband access, as well as cable and satellite television. It distributes its services under the Telcel, Telmex, Comcel, Claro, Embratel, Net and TracFone brands. It has operations established in 18 countries, such as Mexico, Brasil, Argentina, Chile, Paraguay, Uruguay, Colombia, Panama, Ecuador, Peru and the United States, among others. Its main subsidiaries are Radiomovil Dipsa SA de CV, Telefonos de Mexico SAB de CV, Comunicacion Celular SA, Empresa Brasileira de Telecomunicacoes SA, Net Servicos de Comunicacao SA and TracFone Wireless Inc (TracFone). As of April 30, 2011, Control Trust held a 46.5%-stake in the Company. On November 30, 2011, it announced the acquisition of the operations of Digicel in Honduras and the sale of its operations in Jamaica.

America Movil provides wireless services in Colombia under the Comcel brand. As of December 31, 2009, the Company had 27.7 million wireless subscribers in Colombia and Panama. It provides wireless services in Peru and Ecuador. As of December 31, 2009, the Company had 17.8 million subscribers in the Andean region. The Company operates under the Porta brand in Ecuador and under the Claro brand in Peru. America Movil provides fixed-line and wireless services in Guatemala, El Salvador, Honduras and Nicaragua. Its Central American subsidiaries provide wireless services under the Claro brand. As of December 31, 2009, its subsidiaries had 9.7 million wireless subscribers, over 2.3 million fixed-line subscribers in Central America and 0.3 million broadband subscribers. The Company’s United States subsidiary, TracFone Wireless Inc. (Tracfone) is engaged in the sale and distribution of prepaid wireless services and wireless phones throughout the United States, Puerto Rico and the United States Virgin Islands. It had approximately 14.4 million subscribers as of December 31, 2009. The Company provides fixed-line and broadband services in the Dominican Republic under the Codetel brand and wireless services under the Claro brand.

Voice services

The Company offers wireless voice and data services under a variety of rate plans to meet the needs of different user segments. The rate plans are either postpaid, where the customer is billed monthly for the previous month, or prepaid, where the customer pays in advance for a specified volume of use over a specified period. The Company also offers prepaid plans, known as Amigo Kit, which includes activation or monthly charges.

Data services

The Company’s data services include Short Message Services (SMS), Multimedia Messaging Service (MMS), Premium SMS, Premium MMS, Content Community, Data transmission, Ideas Telcel, Internet browsing, E-mail and Push E-mail. The Company offers technologies, which include high speed circuit switch data (HSCSD), packet switch data through General packet radio services (GPRS), enhanced data rates for global system for mobile communications (GSM) evolution (EDGE), universal mobile telecommunications systems (UMTS) and high speed downlink packet access (HSDPA). At present, Telcel offers wireless application protocol (WAP) and WEB browsing for both GSM and universal mobile telecommunications system (UMTS) networks.

Oficina Movil Telcel

Oficina Movil is a services suite designed to provide companies productivity improving applications. Among the services offered by Oficina Movil Telcel, there are push e-mail, logistic applications via bar codes, vehicle locator services, virtual voice private networks and SMS.

M-Banking

Telcel offers services that allow customers to perform certain banking activities from their mobile phones using applications developed specially for subscriber identity module (SIM) cards and profiting from the WAP protocol. These applications allow users not only to access their bank account balances, but also to carry out banking transactions.

Ideas TV-Ideas Radio

Telcel’s television content services allow certain costumers to access news, cartoon, documentary and sports channels through their handsets. Telcel provides these services through an agreement with a content distributor. Telcel’s television content services, are available for EDGE users with compatible handsets.

Interconnection

Telcel earns interconnection revenues from calls to any of its subscribers that originate with another service provider. Telcel charges the service provider from whose network the call originates an interconnection charge for the time Telcel’s network is used in connection with the call.

Roaming

Telcel offers international roaming services to its subscribers through the networks of cellular service providers with, which Telcel has entered into international roaming agreements around the world. Telcel also provides GSM and third generation (3G) roaming services in Mexico to customers of Telcel’s international roaming partners. As of December 31, 2009, Telcel had launched roaming GSM services covering 169 countries and General Packet Radio Service (GPRS) services covering 131 countries for postpaid subscribers.

The Company competes with Grupo Iusacell, S.A. de C.V., Telefonica Moviles, Vivo, Telecom Italia Mobile, Brasil Telecom, Grupo Oi, CTBC, Sercomtel, Nextel, Telecom Argentina, Entel PCS, Telecel (Milicom International), Ancel, Cable & Wireless, El Salvador, Millicom International, France Telecom, Digicel and LIME Wireless.

Company Address

America Movil SAB de CV

EdificioTelcel, Lago Zurich nume
Plaza Carso, Granada Ampliacion
MEXICO, D.F.     11529
P: +5255.25813700
F: +5255.25814423

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