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

Starlink to compete with communications service providers starting in 2027

This has been stated by SpaceX, with its focus on U.S. territory. The company is expected to offer direct-to-consumer broadband services using the spectrum it has acquired from EchoStar in the 2 GHz band.

Paramount strikes back as the battle over Warner Bros. Discovery drags on

Next year will be crucial for Brazil’s small internet providers

New strategies will prevail as the market seeks consolidation after several years of boom and operating almost on the fringes of legality.

AI pushes data center capital spending to new levels

According to a Dell’Oro report, investment rose by nearly 60% in the third quarter of 2025 compared with the same period in 2024. Hyperscalers are investing simultaneously in accelerated computing, general-purpose servers, and supporting infrastructure.

Spectrum: The debate over 6G bands enters a decisive phase ahead of WRC-27

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