Wednesday, October 20, 2021

América Móvil's revenues and profit fell in Q3

Total sales reached US$ 12.670 billion, down 2.6% compared to the same quarter of 2020. This despite the increase in billing for services, both mobile and fixed, except in the pay TV segment. in which it lost almost 200,000 clients -181,000 in Brazil alone. Net profit amounted to US$ 800 million, with a 16.4% drop in year-on-year terms.

América Móvil’s (AMX for its code in the stock exchanges) total revenues in Q3 totaled US$ 12.670 billion, representing a 2.6% decrease compared to the same period of 2020. This result was impacted by losses caused by the devaluation of the local currencies of countries in the region compared to the dollar.

Read full article

MORE ANALYSIS

América Latina · Satellites26/08/2026

Latin American regulators face D2D: initial exploration, NTN and WRC-27 in focus

The development of D2D services has begun to shift Latin America’s regulatory debate from traditional satellite connectivity toward the integration of terrestrial and non-terrestrial networks. This scenario was highlighted at the Satellite Map Day 2026 event, held by Convergencialatina in June, and in the 29th edition of the Satellite Map in Latin America.

Costa Rica · Software and Applications · E-Government19/08/2026

How improvements implemented after the 2022 crisis helped contain a cyberattack on the Legislative Assembly

A recent cyberattack on Costa Rica’s Legislative Assembly was quickly contained by the various bodies and protocols established following the traumatic events of four years ago. Investigations are ongoing to determine the source of the latest incident and the access points used.

América Latina · Submarine Cables27/08/2026

Liberty Networks aims to transform communications in Venezuela

Convergencialatina spoke with Axael Arteaga, Liberty Networks’ Senior Director of Wholesale Sales, following the announcement of the Fénix cable, which will connect Venezuela with Curaçao. He details the technical characteristics of the new system and how it will connect to the operator’s regional network.

República Dominicana · Operators24/08/2026

Viettel enters the market and targets Claro, Altice and Viva

The Vietnamese operator, which is already present on the other side of the island in Haiti, was awarded 240 MHz of spectrum. What will be the first steps for the new fourth player entering a market with more than 11 million mobile lines?

América Latina · Spectrum25/08/2026

Comtelca advances spectrum management discussions ahead of WRC-27

The Regional Telecommunications Technical Commission (Comisión Técnica Regional de Telecomunicaciones, Comtelca) is a specialized body of the Central American Integration System (Sistema de la Integración Centroamericana, SICA). Convergencialatina spoke with Comtelca Deputy Secretary Alejandro Herrera about the organization’s participation in the upcoming 13th Latin American Spectrum Management Conference, to be held in Costa Rica, and the challenges of spectrum harmonization in the region.

List all analysis

A DIARIO LATINO 27-08-2026

Bolivia · Free to Air TV - TDT · Regulation 27/08/2026

Analog TV transmissions to end by the end of August

Brasil · Regulation · Data Center 27/08/2026

Congress to revisit Redata

Chile · Satellites · Internet & OTT · Regulation · Spectrum 27/08/2026

Subtel assigns W band to fixed-satellite service

América Latina · Submarine Cables 27/08/2026

Liberty Networks aims to transform communications in Venezuela

México · Regulation 27/08/2026

CRT approves new "audience rights protection" policy

List all news