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.

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América Móvil's revenues and profit fell in Q3

MORE ANALYSIS

Challenges posed by audiovisual piracy and how to tackle them

The illegal market already generates US$12 billion annually, reaches one in every three connected households, eliminates 75,000 formal jobs, and undermines investment across the region’s economy.

Data center construction in region to grow 15% annually through 2031

The growth is being driven by the need to meet demand for cloud AI, as well as technologies such as IoT and big data.

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A report by HAPS Alliance outlines the benefits of converging technologies that can provide complementary connectivity. Certain technologies can help enable this complementarity. However, challenges remain to be addressed, ranging from spectrum overlap to regulatory and commercial issues.

Operators maintain profits with limited investment and cost controls

That is according to a report by analyst firm MTN Consulting, which estimated EBIT margins at 15.7% in the fourth quarter of 2025.

Polarization shapes Colombia’s presidential election

This Sunday the 31st, voters will head to the polls in an election in which half of the electorate plans to support the ruling party candidate who would succeed current President Gustavo Petro, while the other half supports the opposition. The proposals for the telecommunications sector.

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