America Movil SAB de CV


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Next Event

America Movil SAB de CV Annual Shareholders Meeting

Latest Developments


América Móvil Announces Launch Of Offer Of Bonds Exchangeable Into KPN Shares

Telekom Austria Says Subsidiary To Buy Majority Of Invenium

Belarus currency, lack of roaming weigh on Telekom Austria earnings


About America Movil SAB de CV

America Movil, S.A.B. de C.V. is a holding company. The Company provides telecommunications services. Its services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services. Its segments are Mexico Wireless, Mexico Fixed, Brazil, Colombia, Southern Cone, Andean Region, Central America, the Caribbean, the United States and Europe. The Southern Cone segment includes Argentina, Chile, Paraguay and Uruguay. The Andean Region segment includes Ecuador and Peru. The Central America segment includes Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. The Caribbean segment includes the Dominican Republic and Puerto Rico. The Europe segment includes Austria, Belarus, Bulgaria, Croatia, Macedonia, Serbia and Slovenia. It operates in all of its geographic segments under the Claro brand, except in Mexico, the United States and Europe.


Communications Services

Contact Info

Lago Zurich 245

Colonia Granada Ampliacion




Executive Leadership

Carlos Slim Domit

Chairman of the Board

Daniel Hajj Aboumrad

Chief Executive Officer, Director

Patrick Slim Domit

Vice Chairman of the Board

Carlos Jose Garcia Moreno Elizondo

Chief Financial Officer

Oscar Borda

Chief Executive Officer of Panama

Key Stats

2.19 mean rating - 16 analysts
Revenue (MM, MXN)
















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Latest News

Latest News

Breakingviews - Carlos Slim’s KPN cash call includes buyout cover

Carlos Slim is putting the wreckage of his failed 2013 takeover of KPN to good use. The Mexican tycoon’s America Movil on Tuesday raised 2.1 billion euros of bonds that can convert into shares of the Dutch telecommunication operator. If KPN stock treads water, Slim effectively...

America Movil forecasts $8 billion capex for 2021

Mexican telecoms company America Movil expects to spend $8 billion in capital expenditures in 2021, company executives said on Wednesday.

America Movil surprises with 80% profit jump

Mexican telecommunications firm America Movil on Tuesday reported a surprise net profit of $1.87 billion in the fourth quarter, driven up nearly 80% by a favorable exchange rate.

U.S. states ask FCC to scrutinize Verizon's plan to buy Tracfone

The attorneys general of 16 U.S. states and the District of Columbia on Friday urged the Federal Communications Commission (FCC) to thoroughly investigate Verizon Communications Inc's proposed $6.25 billion acquisition of pre-paid mobile phones provider Tracfone and impose...

Mexico's America Movil to propose bigger budget for share buybacks

America Movil, the Mexican telecoms company controlled by the family of billionaire tycoon Carlos Slim, said on Monday it would present a proposal to shareholders to raise the amount of money in its share buyback fund.

UPDATE 3-Mexico beefs up telecom rules; Slim's America Movil bristles

Mexico's telecoms regulator on Tuesday launched a fresh bid to curb the market power of billionaire Carlos Slim's telecoms giant America Movil, unveiling measures that limit fees the company can charge customers.

America Movil says regulator IFT imposes new measures to limit its market power

Mexico's America Movil said on Tuesday that the Telecommunications Institute (IFT), a regulatory body, had adjusted actions aimed at limiting the company's power in the market, suppressing some measures but also adding new ones.

America Movil's capital expenditure will be $6 billion, down from $8.5 billion foreseen

America Movil chief executive officer, Daniel Hajj, said on Wednesday that the telecoms giant will reduce capital expenditure to $6 billion in 2020, down from the $8.5 billion foreseen at the start of the year.

America Movil's quarterly profit rises as coronavirus measures ease

Mexican telecommunications giant America Movil <AMXL.MX> on Tuesday said its net profit jumped nearly 45% in the third quarter, boosted by relaxed coronavirus lockdown measures across its key markets.

Verizon to buy wireless services provider Tracfone in $6.25 bln deal

Verizon Communications Inc said on Monday it would buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal. (Reporting by Ayanti Bera in Bengaluru; Editing by Vinay Dwivedi)

El Salvador lays conditions for America Movil's planned $315 million acquisitions

El Salvador's antitrust authority said on Tuesday it will allow an expanded market share for telecommunications firm Claro, a unit of Mexico's America Movil <AMXL.MX>, on guarantees that it will abide by competition and consumer protection safeguards.

Tim, Telefonica and Claro raise bid to buy Oi's assets to $3.21 billion

Telecoms Tim Participacoes <TIMP3.SA>, Telefonica Brasil <VIVT4.SA> and America Movil's Claro <AMXL.MX> on Monday night raised their bid to buy Oi SA's <OIBR4.SA> mobile assets out of bankruptcy for 16.5 billion reais ($3.21 billion).

America Movil says Huawei an excellent provider but not the sole option

Mexican telecoms giant America Movil regards Huawei Technologies Co Ltd as an excellent telecoms equipment provider, but it can use other vendors if necessary, the chief of the company controlled by tycoon Carlos Slim said on Wednesday.

Shares in America Movil rise more than 4% after profits jump

Shares in America Movil, the Mexican telecommunications company controlled by tycoon Carlos Slim, rose by more than 4% after the market opened on Wednesday, the first day of trading since it published a 40% jump in profits.

UPDATE 1-America Movil posts jump in second-quarter net profit

Mexican telecommunications giant America Movil posted a 40% jump in net profit on Tuesday because of lower costs, although it said the coronavirus pandemic took a toll on some aspects of its business.

America Movil posts jump in second-quarter net profit

America Movil's net profit rose to 20.1 billion pesos ($873.8 million) in the second quarter from 14.9 billion pesos in the same period last year, the Mexican telecoms company reported on Tuesday.

Mexico's America Movil reports wide first-quarter loss, hit by peso depreciation

America Movil, the Mexican telecommunications giant, reported a first-quarter net loss of 29.38 billion pesos ($1.24 billion) on Tuesday, battered by the weakening of the Mexican peso and other Latin American currencies against the dollar.

Mexico's America Movil reports wide loss for first quarter

America Movil, the Mexican telecommunications giant, on Tuesday reported a first-quarter net loss of 29.38 billion pesos ($1.24 billion).

Mexico's America Movil board proposes 6 billion peso buyback

Mexican telecommunications provider America Movil said on Tuesday its board has proposed a buyback program of 6 billion pesos ($242.13 million) for the April 2020 to April 2021 period. ($1 = 24.7800 Mexican pesos) (Reporting by Daina Beth Solomon; Editing by Stefanie Eschenbacher...

Mexico's America Movil to focus on bringing 5G to Latin America

America Movil, Mexico's largest telecommunications provider, shed light on its plans to roll out 5G technology in Latin America on Wednesday as the company's shares surged on a strong earnings report.

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