| Market Capitalization (Millions $) |
76,636 |
| Shares
Outstanding (Millions) |
3,332 |
| Employees |
200,000 |
| Revenues (TTM) (Millions $) |
65,027 |
| Net Income (TTM) (Millions $) |
6,215 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
6,369 |
Business Description
America Movil S.A.B. de C.V. (AMX) is a Mexican multinational telecommunications conglomerate headquartered in Plaza Carso, Mexico City, Mexico. Founded in 2000, America Movil is the leading provider of telecommunication services in Latin America, serving over 277 million customers across 18 countries in the region.
America Movil's success is rooted in a diversified range of services including wireless cellular, fixed-line voice, broadband, and pay television. The company's wireless segment counts for the majority of its revenue and is primarily supported by its two leading brands, Telcel in Mexico and Claro in the rest of Latin America. Its fixed-line voice segment operates under the brand Telmex, primarily serving Mexico, while its broadband and pay TV segments are primarily offered through Claro.
Apart from its traditional telecom services, America Movil also provides value-added services (VAS) such as cloud computing, e-commerce, machine-to-machine, and other digital services to enterprise clients. The company has also invested in emerging technologies such as the Internet of Things (IoT), artificial intelligence (AI) and 5G networks.
America Movil has a strong presence in the Latin American market with operations in Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Uruguay, and the United States. The company has been able to leverage its scale and experience to enter new markets and grow its customer base organically as well as through strategic acquisitions.
Carlos Slim Helu, considered the wealthiest person in Mexico, is the founder of America Movil and the Chairman of the company. The corporate social responsibility (CSR) initiatives of America Movil include promoting and enhancing educational opportunities, social and community development, and environment conservation.
As of August 2021, America Movil had a market capitalization of $42.11 billion, and generated a total revenue of $49.89 billion in 2020. The company employs over 190,000 people worldwide and has been listed on the New York Stock Exchange (NYSE) and the Mexican Stock Exchange (BMV) since 2001.
Overall, America Movil is a telecommunications powerhouse that has made significant strides in establishing itself as the leading provider in Latin America. With its broad range of services, strong market position, and commitment to innovation, America Movil is poised to continue growing and dominating the telecommunications industry in the region.
Company Address: Lago Zurich 245 Zagreb 11529 City of Zagreb
Company Phone Number: 2581-3700 Stock Exchange / Ticker: NYSE AMX
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