América Móvil's results for the first quarter of 2020 showed a net loss of US$ 1.197 billion, based on the depreciation of Latin American currencies against the dollar: the Mexican peso lost 25%, the Colombian 24% and the Brazilian real 29% (compared to 2019 levels). This reaction of markets to the coronavirus pandemic was the main impact on the company, since at the level of its operation; it was not until March that store began closings, users started confinementand lower sales began.