The holding company reported an increase in total income of 1.5%, to US$ 11.585 billion. The loss was US$61.5 million. In the period it added 2.4 million mobile subscribers to 313.6 million. It also added 376,000 new broadband accesses and IGUs amounted to 74.3 million.

América Móvil reported that its financial results for the second quarter of 2024 were affected by the depreciation of the Mexican peso, its unit of account, which lost value against the rest of the region's currencies and the dollar, after the general elections last June 2 won by the ruling party.

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Weakness of Mexican currency affects results of América Móvil

The holding company reported an increase in total income of 1.5%, to US$ 11.585 billion. The loss was US$61.5 million. In the period it added 2.4 million mobile subscribers to 313.6 million. It also added 376,000 new broadband accesses and IGUs amounted to 74.3 million.

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Search for new businesses to improve future outlook

Streaming, gaming, mobile services, and AI are among the tools broadband operators in Brazil are seeking to incorporate to improve results that have stagnated in recent times.

SpaceX reveals financials: losses continue, but company bets on disruptive businesses

The company whose principal shareholder is Elon Musk reported revenue of US$18.7 billion in 2025, but its losses reached US$4.9 billion. Looking ahead, it is targeting the lunar economy and orbital computing.

M360 and CLTD centered on regional digital debate

CNT Ecuador turns profitable, accelerates growth in 5G and fiber

Ronald Spina is General Manager of the National Telecommunications Corporation (Corporación Nacional de Telecomunicaciones, CNT). He said the state-owned Ecuadorian operator’s turnaround was achieved while improving its EBITDA margin and accelerating the rollout of FTTH and 5G.

CABA frames AI within public policy for management and economic development

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