America Movil SAB de CV ADR - Series B

AMX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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America Movil Dominates a Shifting Latin American Telecom Landscape

Michael Hodel

Feb 12, 2026

Business Strategy and Outlook

America Movil holds a commanding position in several countries throughout Latin America, including Mexico, its home market. Significant political, regulatory, and economic uncertainty, coupled with occasional competitive flare-ups, limit its ability to exercise pricing power, but we expect Movil’s scale and strong balance sheet will allow it to deliver steady results for shareholders.

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America Movil SAB de CV ADR - Series B

America Movil Dominates a Shifting Latin American Telecom Landscape

Business Strategy and Outlook

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