America Movil, S.A.B. de C.V. (AMX)
AMX Price and Sentiment
AMX Latest news
AMX, BYND, GNTX, HE, and NCMI have been added to the Zacks Rank #5 (Strong Sell) List on October 27, 2021.
América Móvil, S.A.B. de C.V. (AMX) CEO Daniel Hajj on Q3 2021 Results - Earnings Call Transcript
Mexican telecommunications giant America Movil said on Wednesday that it was "ready" to launch a 5G market in Mexico and that it expects to close a deal to sell its Tracfone unit before year-end.
Despite wireless subscriber additions and accretive broadband client base, lower service revenues and global supply chain woes hurt America Movil's (AMX) third-quarter 2021 results.
Mexican telecommunications giant America Movil reported on Tuesday a third-quarter net profit of 15.8 billion pesos, down 16.4% from the same period a year earlier.
Growth of the telco business of América Móvil is back after a temporary deceleration in the pandemic.
Amer Movil (AMX) possesses solid growth attributes, which could help it handily outperform the market.
A plan by Mexican telecoms company America Movil to spin off some of its towers in Latin America was approved by shareholders on Wednesday, the firm said in a filing with the Mexican stock exchange.
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Growing churn rate and dwindling revenues with the rise of over-the-top service providers weigh on the Zacks Wireless Non-US industry. Nevertheless, the deployment of advanced 4G LTE and 5G technologies should aid America Movil (AMX), Vodafone Group (VOD) and SK Telecom (SKM).