America Movil SAB de CV

AMX

Company Profile

  • Business description

    America Movil is the largest telecom carrier in Latin America, serving about 290 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 US to Verizon in 2021 and now owns a 1.4% stake in the US telecom giant. The firm also holds a 60% stake in Telekom Austria.

  • Contact

    Lago Zurich 245, Plaza Carso / Edificio Telcel
    Colonia Ampliacion Granada
    Delegacion Miguel Hidalgo, Piso 16
    Mexico CityDF11529
    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

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