Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Wednesday, April 17, 2024

América Móvil's earnings fell 55% due to peso strength

It reached US$ 790 million in the first quarter of the year. Total revenues and Ebitda were also affected by the extraordinary income from the sale of towers, which boosted the result of a year earlier. Total mobile subscriptions grew 3.6% year-on-year to 311.6 million lines. Fixed UGIs totaled 74.1 million, 1% more than a year earlier.


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Last news and analysis

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Claro TV+ was activated in Peru, Dominican Republic, Nicaragua and El Salvador

América Latina · Operators

29/04/2024

Sites earned US$28 million in the first quarter and added 1,040 towers in a year

The tower arm of América Móvil maintained its tower lease ratio at a level of 1.21, similar to the previous quarter. The loss of agreements in Brazil and Panama was offset by new agreements in other countries in the region.

América Latina · Operators

29/04/2024

Sites earned US$28 million in the first quarter and added 1,040 towers in a year

The tower arm of América Móvil maintained its tower lease ratio at a level of 1.21, similar to the previous quarter. The loss of agreements in Brazil and Panama was offset by new agreements in other countries in the region.

Panamá · Mobile · Operators · Spectrum

26/04/2024

Panama begins 5G era with Más Móvil pilots and plan to allocate more spectrum

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Globales · Internet & OTT · Software and Applications

25/04/2024

Meta loses almost US$200 billion in market value in 24 hours due to forecasts of lower income and higher expenses

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