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.

America Movil had a complex start to the year. During the first quarter of 2024, the company, which operates in Latin America and Europe, saw a 55.2% drop in its profits.

Read full article

MORE ANALYSIS

Globales · Software and Applications · Regulation · Politics13/09/2024

ITU: Africa is the continent that made the most progress in cybersecurity since 2021

The global organization presented its Global Cybersecurity Index (CGI) 2024. It shows substantial progress in the implementation of CIRT and National Strategies, along with awareness campaigns and agreements between countries. Among the issues to be resolved are the training of specialists and the protection of children.

Argentina · Operators12/09/2024

Telecom not afraid of 5G without "killer app" at sight

The operator is carrying out a "surgical" deployment of the 5G network, based on the 5G fleet in use by its customers. The areas of advancement are the Northern corridor of the Metropolitan area of ??Buenos Aires and the cities of Córdoba and Rosario.

Globales · Software and Applications · Regulation11/09/2024

European approach to AI turns to protectionism as the world recalculates in the face of “Brussels effect”

The basis is the defence of fundamental rights and requires human responsibilities at each stage of the life cycle of AI systems. This contrasts with the prevailing view in the US, the UK, China and Japan, which is focused on promoting investment.

Argentina · Internet & OTT · Economy09/09/2024

Knowledge economy: Almost 50,000 registered people one month after Capacitar activation

The platform offers free virtual training courses for SMEs and entrepreneurs. It is one of the first concrete actions taken by the Undersecretariat of Knowledge Economy.

América Latina · Mobile · Operators10/09/2024

Chile and Brazil exceed 9% of 5G connections and focus on B2B

This is the second stage of the deployment of this technology, after the first stage aimed at the mass market. In addition, it depends on the existence of SA networks to achieve the integration of different solutions in production environments and to implement network slicing.

List all analysis

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

MORE ANALYSIS

ITU: Africa is the continent that made the most progress in cybersecurity since 2021

Telecom not afraid of 5G without "killer app" at sight

The operator is carrying out a "surgical" deployment of the 5G network, based on the 5G fleet in use by its customers. The areas of advancement are the Northern corridor of the Metropolitan area of ??Buenos Aires and the cities of Córdoba and Rosario.

European approach to AI turns to protectionism as the world recalculates in the face of “Brussels effect”

The basis is the defence of fundamental rights and requires human responsibilities at each stage of the life cycle of AI systems. This contrasts with the prevailing view in the US, the UK, China and Japan, which is focused on promoting investment.

Knowledge economy: Almost 50,000 registered people one month after Capacitar activation

The platform offers free virtual training courses for SMEs and entrepreneurs. It is one of the first concrete actions taken by the Undersecretariat of Knowledge Economy.

Chile and Brazil exceed 9% of 5G connections and focus on B2B

This is the second stage of the deployment of this technology, after the first stage aimed at the mass market. In addition, it depends on the existence of SA networks to achieve the integration of different solutions in production environments and to implement network slicing.

A DIARIO LATINO 14-09-2024

Warner Bros. Discovery to add 6 million streaming subscribers in third quarter

Asunción Convergente: Towards a regulated and secure digital future

ITU: Africa is the continent that made the most progress in cybersecurity since 2021

AST SpaceMobile launches first cellular broadband satellites

Ericsson and major operators form 5G API group