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America Movil SAB de CV Class A

Rating as of

Company Profile

Business Description

America Movil SAB de CV is the largest telecom carrier in Latin America, serving about 280 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 30% of revenue. Movil dominates the Mexican wireless market with about 63% 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 revenue. Movil operates a low-margin wireless resale business in the U.S. under the Tracfone and Straight Talk brands, accounting for 15% of revenue. The firm holds a 51% stake Telekom Austria and a 16% stake in Dutch carrier KPN.

Contact
Lago Zurich 245, Plaza Carso / Edificio Telcel, Colonia Ampliacion Granada
Mexico, DF, 11529, Mexico
T +52 5525813700
Sector Communication Services
Industry Telecom Services
Most Recent Earnings Mar 31, 2020
Fiscal Year End Dec 31, 2020
Stock Type
Employees 191,523