America Movil SAB de CV
Company Profile
Business description
America Movil is the largest telecom carrier in Latin America, serving about 330 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 about 60% customer share and also serves about half of the country's fixed-line internet access customers. 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 61% stake in Telekom Austria.
Contact
Lago Zurich 245, Plaza Carso / Edificio Telcel
Colonia Ampliacion Granada
Delegacion Miguel Hidalgo, Piso 16
Mexico CityDF11529
MEXT: +52 5525813700
Sector
Communication Services
Stock type
Sensitive
Industry
Telecom Services
Fiscal Year End
31 December 2026
Employees
178,468
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,180.20 | 43.00 | -0.47% |
| CAC 40 | 8,274.57 | 53.29 | -0.64% |
| DAX 40 | 24,066.70 | 22.48 | 0.09% |
| Dow JONES (US) | 48,463.72 | 72.27 | -0.15% |
| FTSE 100 | 10,559.58 | 49.48 | -0.47% |
| HKSE | 26,255.15 | 307.83 | 1.19% |
| NASDAQ | 24,016.02 | 376.94 | 1.59% |
| Nikkei 225 | 59,549.59 | 1,415.35 | 2.43% |
| NZX 50 Index | 13,095.24 | 18.66 | 0.14% |
| S&P 500 | 7,022.95 | 55.57 | 0.80% |
| S&P/ASX 200 | 8,963.70 | 53.50 | -0.59% |
| SSE Composite Index | 4,048.63 | 21.43 | 0.53% |