América Móvil, S.A.B. de C.V. operates in the telecommunications sector, within the integrated telecommunications services subsector, with a focus on mobile and fixed-line telephony, broadband, and digital solutions. Its foundation is associated with Carlos Slim Helú through processes of reorganization and consolidation of telecommunications assets across Latin America.
The company was established in the private sector, with no direct linkage to government policies, driven by the gradual liberalization of telecommunications markets, the need for operational scale, and the expansion of access to communications services in emerging markets.
Its portfolio of products and services includes prepaid and postpaid mobile services, fixed-line telephony, fixed and mobile broadband, data services, enterprise solutions, content distribution, network infrastructure, and related digital services.
The company operates on an international scale, with activities concentrated in Latin America, the United States, the Caribbean, and parts of Europe. Operations are present in countries such as Mexico, Brazil, Colombia, Argentina, Chile, Peru, the United States, Austria, and Central Europe.
Market factors include intense regional competition, country-specific regulatory frameworks, ongoing investments in fourth- and fifth-generation networks, rising data consumption, service convergence, and continued pressure for operational efficiency and technological innovation.
Operational scale comprises hundreds of millions of mobile and fixed access lines, thousands of base stations, extensive fiber-optic networks, and a significant presence in markets with high population density and growing demand for connectivity.
The operational structure is organized around regional units and local brands, integrating mobile, fixed-line, and enterprise operations. The model includes regional decision-making centers, proprietary network infrastructure, decentralized operations, and shared technology platforms.
The primary trading ticker is AMX, listed on the Mexican Stock Exchange, representing the company’s shares in the local equity market, with additional trading in international markets through equivalent instruments.
History and foundation
The company was founded in 2000 in Mexico, following the spin-off of mobile telecommunications assets from Teléfonos de México, resulting in the creation of América Móvil, S.A.B. de C.V. as a holding company focused on mobile and digital services.
In its early years of operation, key challenges included the consolidation of regional operations, systems integration, network coverage expansion, and adaptation to diverse regulatory environments across Latin America.
Expansion and growth were driven by strategic acquisitions, entry into new markets, and the broadening of the service portfolio to include fixed-line telephony, broadband, and enterprise solutions, strengthening its international footprint.
Historical milestones include the completion of the initial public offering (IPO) in 2000, consolidation as one of the largest telecommunications groups in Latin America over the following decade, and subsequent expansion into European markets.
Between 2020 and 2024, notable developments included investments in fifth-generation networks, expansion of fiber-optic infrastructure, corporate reorganizations in specific markets, advances in service digitalization, and the impact of macroeconomic and regulatory conditions on financial results and share performance.
Additional Information
The Company America Movil S.A.B. de C.V. (United States), is listed on NYSE with a market value of $ 62.42 Billions, having an equity of $ 24.64 Billions.
With a total of 191.523 employees, the company is listed in the sector of Services and categorized in industry of Communications Services.
In the last 12 months the Company had a revenue of $ 48.06 Billions, which generated a profit in the amount of $ 3.79 Billions.
As for its main indicators, the Company has a P/E ratio of 16.46, a P/BV ratio of 2.53 and in the last 12 months the dividend yield of AMX was at 2.70%.
The Company is traded internationally through the ticker AMX.