Net profits amounted to US$453 million. Total revenues for the period reached US$11.35 billion, up 18% year-on-year. In addition, 2.1 million new postpaid mobile subscribers and 320,000 new broadband connections were added.

América Móvil's net profit fell 48% in the fourth quarter of 2024, to US$453 million, compared to the same period in 2023. This was due to the impact of exchange rate volatility - the operator said - and occurred despite an increase in operating income and an increase in the number of customers of its services.

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América Móvil's profits fall almost 50% due to exchange rate volatility

Net profits amounted to US$453 million. Total revenues for the period reached US$11.35 billion, up 18% year-on-year. In addition, 2.1 million new postpaid mobile subscribers and 320,000 new broadband connections were added.

MORE ANALYSIS

Hyperscale infrastructure: Record figures, oligopolies and the dangerous AI bubble

A new report from MTN Consulting highlights the sector’s economic “circularity,” whereby hyperscalers invest in AI labs, which in turn spend that capital on the hyperscalers’ computing services. The report warns that this dynamic creates systemic risk.

Conversational AI transforms contact center business

For players in the BPO industry, the adoption of agents raises the bar for the level of analysis that can be performed on conversations. Meanwhile, the development of voicebots and virtual agents continues to expand.

Circular financing: AI game with benefits, but also risks

A distinctive feature of these financial transactions is that, in many cases, the investment or capital contribution made by one company is intended to allow the recipient to purchase goods or services from the contributing firm.

Amdocs unveils agentic operating system and promises return on investment

Convergencialatina spoke with Fabián Monge, Customer Business Executive (CBE) at Amdocs, about the February 2026 launch of aOS, its new AI agent operating system, analyzing its potential applications in Latin American telecom operators.

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