America Movil SAB de CV

Company Profile

• Business description

  America Movil is the largest telecom carrier in Latin America, serving about 285 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm’s largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the U.S. to Verizon in 2021 and now owns a 1.4% stake in the U.S. telecom giant. The firm also holds a 58% stake in Telekom Austria and a 15% stake in Dutch carrier KPN.

• Contact

  Lago Zurich 245, Plaza Carso / Edificio Telcel
  Colonia Ampliacion Granada
  Delegacion Miguel Hidalgo, Piso 16
  Mexico City DF 11529
  MEX

  T: +52 5525813700

  E: investor.relations@americamovil.com

  https://www.americamovil.com

• Sector

  Communication Services

  Stock type

  Sensitive

• Industry

  Telecom Services

  Fiscal Year End

  31 December 2024

  Employees

  176,083