Wednesday, April 17, 2024

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

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.

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Globales · Operators · Equipment Providers and Network Solutions20/11/2025

33 operators now offer differentiated connectivity services

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América Latina · Fixed Broadband · Terrestrial Backbones18/11/2025

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Brasil · Data Center17/11/2025

Growing enthusiasm in Brazil’s data center market

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Chile · Economy · Politics14/11/2025

Presidential elections signal a second round

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Globales · Operators · Equipment Providers and Network Solutions 20/11/2025

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Globales · Spectrum 19/11/2025

SoftBank tests 7 GHz band for mobile communications

Panamá · Voice Services · Internet & OTT 19/11/2025

Centralizing state telecom contracts would save US$39 million a year

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