América Móvil's report for the period October-December 2020, accompanied by results for the whole of last year, shows light and dark. On the one hand, in the last quarter, net income was US$1.857 billion, leveraged in the fixed broadband business (208,000 new accesses were added); an expansion in the mobile subscriber base (6.8 million were added, doubling the previous quarter); and the strengthening of the Mexican peso against the U.S. dollar (also considering the Colombian and Chilean pesos, the increase was 10%). On the other, revenues continue to show challenges: they totaled US$12.695 billion, 3.1% less year-on-year, due to a 9.4% drop in handset sales and stability in service revenues (-0.3%).