America Movil SAB de CV (AMOV)

Profile

• URL: https://www.americamovil.com
• Investor Relations URL: http://www.americamovil.com/investor-relations
• HQ State/Province: N/A
• Sector: Communication Services
• Industry: Telecom Services
• Equity Style: Large Cap/Value
• Next Earnings Release: Apr. 28, 2021
• Last Earnings Release: Feb. 09, 2021
• Next Ex-Dividend Date: N/A
• Last Ex-Dividend Date: Oct. 23, 2020
• Description: America Movil is the largest telecom carrier in Latin America, serving about 270 million wireless customers across the region. It also provides fixed-line phone, Internet access, and television services in most of the countries it serves. Mexico is the firm’s largest market, providing about 30% of revenue. Movil dominates the Mexican wireless market with about 63% customer share and also serves about half of fixed-line Internet access customers in the country. Brazil, its second most important market, provides about 20% of revenue. Movil has agreed to sell its low-margin wireless resale business in the U.S., which operates under the Tracfone and Straight Talk brands, to Verizon. The firm holds a 51% stake in Telekom Austria and a 20% stake in Dutch carrier KPN.