America Movil, S.A.B. de C.V. (AMX)
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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).
América Móvil, S.A.B. de C.V. (AMX) CEO Daniel Hajj on Q2 2021 Results - Earnings Call Transcript