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

América Latina · Operators07/11/2025

After the buying rally, Millicom reports strong third-quarter results

Revenue totaled US$ 1.42 billion, showing a slight decrease of 0.7% compared to a year earlier, but operating profit grew by more than 30%, and adjusted EBITDA increased by 18.7%. The quarter ended with 42.2 million mobile customers and 13.7 million RGUs.

América Latina · Operators06/11/2025

In a challenging environment, Liberty Latin America manages to sustain its revenue and improve margins

Revenue grew 2% year over year in the third quarter of 2025. Net income was positive at US$ 3 million, compared to a negative US$ 436 million last year. During the period, the company added more than 101,000 new postpaid mobile accounts, driven by growth in Costa Rica.

Globales · Operators04/11/2025

Telefónica unveils ambitious consolidation and growth plan

The operator is focusing on its four main markets (Spain, Brazil, Germany, and the United Kingdom) while aiming to expand its presence in other European markets. Murtra criticized the European Commission for moving too slowly on deregulation.

Perú · Operators27/10/2025

Bitel, mobile operator that came from Vietnam and is already the third largest in Peru

According to official data, it surpassed Entel last August to claim the third position. It already has 400,000 5G lines, a market in which it will focus its investments in the upcoming period.

América Latina · Operators15/10/2025

América Móvil reports strong results driven by growth in mobile and fixed subscriptions

Total revenues grew by 4.2% in the third quarter of 2025 compared to the same period a year earlier. In addition, during the period the company added more than 3 million new postpaid mobile customers and 526,000 broadband accesses. By the end of September, it had 328.7 million mobile lines and 36.4 million broadband accesses.

List all analysis

A DIARIO LATINO 19-11-2025

Panamá · Voice Services · Internet & OTT 19/11/2025

Centralizing state telecom contracts would save US$39 million a year

Globales · Spectrum 19/11/2025

SoftBank tests 7 GHz band for mobile communications

México · Regulation · Operators 19/11/2025

Promtel moves to formalize small operators

Globales · Software and Applications · Operators 19/11/2025

Netcracker and NEC rollout at KDDI jolts the BSS market

List all news