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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Ericsson: Phasing out 2G and 3G networks is a business play for CSPs

ICT ecosystem enters a new stage with the reform of the Telecommunications Law

The regulation —whose approval by the Chamber of Deputies is considered a given— creates a new technical body to replace the IFT and allows the Federal Electricity Commission (CFE) to enter the market in competition with private companies.

Telecom-Telefónica: CNDC’s 'preliminary' report arrived sooner than expected

The ruling, over 100 pages long, identifies horizontal effects in residential, corporate, and wholesale markets, as well as vertical and portfolio effects. The regulator stated that the outcome “has the potential to restrict or distort competition.”

Open Gateway hits 80% API market share, eyes new goals

Following the entry of more operators and channels, new developments are seeking business cases beyond security and fraud prevention as a way to meet growing demand. This approach also opens the door to monetization, said

Maduro's government installs Russian Glonass system and moves away from Western technology

It is currently in a testing phase at an air base. It competes with the ubiquitous GPS, which Caracas dismissed due to its strained relations with the United States. It operates in the L1, L2, and L3 bands and recently incorporated signals in CDMA.

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