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

Presidential elections in Costa Rica: Three leading candidates with three different digital agendas

The elections will be held next Sunday, February 1st. Laura Fernández Delgado, of the Sovereign People's Party, leads the polls by a wide margin, to the point that she could win the presidency without a runoff.

Toward the end, the WEF succeeded in bringing AI into the debate

After three days dominated by geopolitics, the WEF wrapped up with a day focused on artificial intelligence and forward-looking discussions on the energy needs required to sustain the race for AI.

Warning to telcos: Job cuts may leave them vulnerable and unable to innovate

According to an MTN report, operators are continually adjusting their workforce under the pretext of improving dividends, while also taking advantage of the growing presence of AI. However, one possible consequence is excessive staff turnover and the loss of know-how, particularly in cybersecurity.

NEC bets on growth in the enterprise market in the region

Three months into the CRT: focus on dialogue and concrete plans

The Telecommunications Regulatory Commission has defined both a focus and a methodology: to propose spectrum bands for private networks and to hold dialogue roundtables to move the project forward.

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