The operator invoiced $856,084 million, which at the financial exchange rate is equivalent to about US$670 million. The profit was driven by the boost of inflation, which revalued the peso against the dollar. Mobile accesses grew 2.2% in the period, while fixed accesses had a slight reduction. The impact of government policies.

They stood at $856.084 billion, which represents a decrease of 8.3% in constant currency compared to the same period in 2023, as reported by Telecom in its Income Statement for the period April-June 2024. At the financial exchange rate at which companies access (of $1,280 per dollar) is equivalent to US$670 million.

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América Latina · Operators22/10/2026

América Móvil reports strong growth in revenue and connections

In the third quarter of 2026, sales increased 7.6% year on year. Mobile services grew 6.3%, while fixed services rose 3.7%. At the end of the period, the company had 413 million accesses, including 322 million mobile accesses. Brazil was its standout market.

México · Operators14/10/2026

Televisa and Fintech Holdings buy AT&T for US$2 billion

The buyers will each hold a 50% stake in the new entity. Regulatory approval for the acquisition could be completed in the first quarter of 2027. AT&T has 24.7 million mobile connections. In 2025, it reported nearly US$5 billion in revenue and US$81 million in profit.

México · Spectrum09/09/2026

Opportunity opens up: Mexico to cut spectrum costs by 12% in 2027

In its proposed budget for next year, the Treasury Secretariat proposed changes to key spectrum bands for 5G deployment, including the 3.5 GHz band.

América Latina · Smartphones & Devices31/08/2026

Regional smartphone market plunged 10% in second quarter

This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

República Dominicana · Operators24/08/2026

Viettel enters the market and targets Claro, Altice and Viva

The Vietnamese operator, which is already present on the other side of the island in Haiti, was awarded 240 MHz of spectrum. What will be the first steps for the new fourth player entering a market with more than 11 million mobile lines?

List all analysis

Telecom sales fell by 8.3% in second quarter of 2024

MORE ANALYSIS

América Móvil reports strong growth in revenue and connections

In the third quarter of 2026, sales increased 7.6% year on year. Mobile services grew 6.3%, while fixed services rose 3.7%. At the end of the period, the company had 413 million accesses, including 322 million mobile accesses. Brazil was its standout market.

Televisa and Fintech Holdings buy AT&T for US$2 billion

The buyers will each hold a 50% stake in the new entity. Regulatory approval for the acquisition could be completed in the first quarter of 2027. AT&T has 24.7 million mobile connections. In 2025, it reported nearly US$5 billion in revenue and US$81 million in profit.

Opportunity opens up: Mexico to cut spectrum costs by 12% in 2027

In its proposed budget for next year, the Treasury Secretariat proposed changes to key spectrum bands for 5G deployment, including the 3.5 GHz band.

Regional smartphone market plunged 10% in second quarter

This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

Viettel enters the market and targets Claro, Altice and Viva

The Vietnamese operator, which is already present on the other side of the island in Haiti, was awarded 240 MHz of spectrum. What will be the first steps for the new fourth player entering a market with more than 11 million mobile lines?

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