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America Movil SAB de CV Sponsored ADR Class L Aktie News
Mexican telecommunications giant America Movil said on Tuesday that that the nations telecoms regulator fined its subsidiary Telcel 1.78 billion pesos ($93.61 million) for monopolistic practices, which the company denied and pledged to challenge.
The MSCI Emerging Markets Index (EEM) is up +10% YTD in a rare rally as President Donald Trump's back-and-forth tariff policies weigh on the US dollar. Stocks have begun to rebound amid a temporary trade truce between the U.S. and China, but tariffs and inflation still threaten further volatility down the line. Geographical diversification is a great way to hedge against volatility while also c...
MEXICO CITY--(BUSINESS WIRE)--América Móvil, S.A.B. de C.V. (“AMX”) [BMV: AMX] [NYSE: AMX], has filed its annual report for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (“SEC”), the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores, “CNBV”), and the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de ...
Discovery Capital's founder Rob Citrone said on Wednesday his favorite stock at this moment is Mexico's America Movil due to its exposure to many different countries in Latin America.
An executive of Mexican telecoms giant America Movil said Wednesday that the company's capital expenditure for 2025 would be $6.7 billion, below the $7.1 billion capex in 2024.
Mexican telecommunications giant America Movil on Tuesday reported a 39% jump in its first-quarter net profit compared to the same period in 2024, citing an increase in operating profit and a decrease in financing costs.
Business performance and cash flow have improved, alongside a stock price decline, supporting a new price target of $23.72, a 65% upside potential. Postpaid growth, ARPU improvements, and EBITDA expansion signal the success of management's strategy, while reduced peso volatility and declining interest rates are easing financial risks. Rising trade protectionism poses a potential challenge, but ...
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