America Movil (AMX)

AMX Profile

Sector: Communication Services
Industry: Telecom Services

America Movil, S.A.B. de C.V. and its subsidiaries provide wireless, fixed line voice, broadband, pay television (TV), and directory products and services. Its wireless products and services, include prepaid cards, postpaid plans, and international roaming services; data services; and push-to-talk services and Oficina Movil Telcel, a services suite designed to provide companies productivity-enhancing applications, mobile banking, and Ideas TV—Ideas Radio, which permit to access TV and radio content, and videoconferencing. The company also offers smart phones and accessories. In addition, it offers fixed line voice services comprising local and long-distance services; and data services consisting of data administration and hosting services, broadband services, and pay TV services to corporate and residential customers. As of December 31, 2010, America Movil had approximately 51.6 million wireless subscribers, 7.9 million fixed line subscribers, 3.8 million broadband subscribers, and 6.9 million pay television subscribers. It operates in Mexico, Guatemala, Nicaragua, Ecuador, El Salvador, Brazil, Argentina, Colombia, the United States, Honduras, Chile, Peru, Paraguay, Uruguay, the Dominican Republic, Puerto Rico, Jamaica, and Panama. The company markets its products and services through distributors, as well as through its customer sales and service centers. America Movil was founded in 2000 and is based in Mexico, Mexico.