Wednesday, October 21, 2020

América Móvil's earnings increased 44.6% in the third quarter

At the end of the confinement in most of the countries, there was a rebound in commercial activity that allowed an income improvement of 4.7%.

During the third quarter of this year, the América Móvil company achieved profits for a total of US$ 894 million, representing a 44.6% increase compared to the same period of the previous year. In that period, revenues totaled US$ 12.331,6 billion, a 4.7% increase compared to the same quarter of 2019. These positive results were basically produced by the lifting of confinement measures in most of the countries where it is present with its operations, which allowed a rebound in commercial activity.

Read full article

MORE ANALYSIS

Colombia · Regulation · Operators25/06/2025

Movistar-Tigo-UNE merger: Potential duopoly with Claro and challenges for WOM

Both the Ministry of Information Technologies and the Superintendency of Industry and Commerce have issued their analyses on the impact of the merger between the two operators. They propose a series of mitigating measures to preserve competition in the market.

Chile · Operators05/06/2025

In the telecommunications market dynamics, Movistar is losing ground

Telefónica lost market share in all business segments in the first quarter of 2025, while its sale process continues. Entel and Claro gained market share.

América Latina · Operators04/06/2025

Telefónica to strengthen its balance sheet after selling off all Latin American operations

Average revenue per customer, EBITDA, and employee productivity would grow. And it would lighten the company in the face of the possibility of a new European single market, which it is promoting along with other major operators in the region.

América Latina · Operators03/06/2025

GSMA: The mobile economy is on track to reach 10% of Latin America's GDP

According to the report presented at M360 - CLTD, held days ago in Mexico City, the mobile economy will reach 8.6% of the regional product by 2030. The trends driving this growth are the massive adoption of 5G, the development of AI, enterprise digital transformation, and the increase in data consumption.

Argentina · Operators21/05/2025

Telecom had only one option: show the results of Telefónica Móviles Argentina

Experts asserted that the presentation of Telefónica Móviles' results within Telecom's balance sheet does not constitute a violation of a previous rule from the Ministry of Commerce that prevents the integration of Telefónica into Telecom while the Competition Commission issues a ruling on the acquisition.

List all analysis

A DIARIO LATINO 30-06-2025

Brasil · Satellites · Internet & OTT · Regulation 27/06/2025

Sateliot received Anatel's authorization to operate its system via satellite

México · Software and Applications · Operators 27/06/2025

First Day of CSMX: Debate on Cybersecurity, Mobile, and Altán Redes

List all news