AMX - América Móvil, S.A.B. de C.V.
18.65 +0.03 (0.16%)
After hours: 4:05PM EDT
| Previous Close | 18.78 |
| Open | 18.98 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 18.48 - 19.04 |
| 52 Week Range | 14.89 - 19.91 |
| Volume | 3,969,650 |
| Avg. Volume | 2,457,687 |
| Market Cap | 43.032B |
| Beta | 0.62 |
| PE Ratio (TTM) | 38.85 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.31 (1.60%) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- The Wall Street Journal•1 hour ago
[$$] América Móvil Returns to Profit in First Quarter
Latin America’s biggest telecommunications company, América Móvil SAB, moved back into the black in the first quarter as a favorable regulatory ruling helped lift operating profit in Mexico and a strong ...
- Reuters•2 hours ago
America Movil 1st-qtr profit dives on currency swings
America Movil, Mexico's largest wireless carrier, said on Tuesday that its net profit fell nearly 50 percent in the first quarter, hurt by currency swings. The telecommunications company, which is controlled by the family of Mexican billionaire Carlos Slim, posted a net profit of 18.087 billion pesos ($988 million), compared to 35.85 billion pesos in the same quarter a year earlier. In a statement to the Mexican stock exchange, the company said its results were hampered by the appreciation of the peso against other currencies, explaining that revenues would have risen narrowly if not for foreign exchange fluctuations.
- Reuters•3 hours ago
America Movil reports Q1 net profit fell 50 pct
America Movil, Mexico's largest wireless carrier said on Tuesday that its net profit fell nearly 50 percent in the first quarter to 18.087 billion pesos . The telecommunications company, which is controlled ...
- Reuters•7 hours ago
Rebranding write-downs wipe out Telekom Austria net profit
First-quarter net profit at Telekom Austria, a unit of Mexican tycoon Carlos Slim's America Movil, shrank by three quarters because of amortisation prompted by a rebranding effort, the company said on Tuesday. Beyond its home market, Telekom Austria operates in four countries in the former Yugoslavia, plus Bulgaria and Belarus. It is gradually changing its local brand name to A1 in various countries, which prompted brand value amortisation of 101.1 million euros ($124 million) in the first three months of the year.
- Reuters•5 days ago
T-Systems exec to become Telekom Austria CEO in September
T-Systems sales and services executive Thomas Arnoldner will replace Alejandro Plater as chief executive of Telekom Austria in September, the unit of Carlos Slim's America Movil said on Thursday. Plater ...
- Reuters•6 days ago
Mexico's top court sides with America Movil, says Telmex can charge rivals
America Movil's fixed-line unit Telmex said on Wednesday that the nation's supreme court has sided with it and ruled the firm should not be barred from charging rivals for calls to its network. The decision follows a similar ruling from the Supreme Court in August that opened the door for America Movil's mobile unit Telcel to begin charging its rivals for use of its network. The rulings weaken a key pillar of a 2014 telecommunications reform intended to loosen billionaire Carlos Slim's grip on a market he has dominated since taking control of former state phone monopoly Telmex in the 1990s.
- Reuters•6 days ago
Mexico's top court sides with America Movil, says Telmex can charge rivals
America Movil's fixed-line unit Telmex said on Wednesday that the nation's supreme court has sided with it and ruled the firm should not be barred from charging rivals for calls to its network. The decision follows a similar ruling from the Supreme Court in August that opened the door for America Movil's mobile unit Telcel to begin charging its rivals for use of its network. The rulings weaken a key pillar of a 2014 telecommunications reform intended to loosen billionaire Carlos Slim's grip on a market he has dominated since taking control of former state phone monopoly Telmex in the 1990s.
- Reuters•6 days ago
Mexico regulator fines America Movil $5.4 million in antitrust case
Mexico's telecom regulator IFT said on Wednesday that it has fined billionaire Carlos Slim's flagship company America Movil and its mobile service unit Telcel 96.8 million pesos ($5.4 million) in an antitrust case. The IFT said it fined America Movil and Telcel for having "exclusivity agreements with Blue Label Mexico, which prevented the company from marketing or providing" services for Telcel's competitors in the mobile telephone service.
Reuters•6 days agoMexico regulator fines America Movil $5.4 million in antitrust case
Mexico's telecom regulator IFT said on Wednesday that it has fined billionaire Carlos Slim's flagship company America Movil and its mobile service unit Telcel 96.8 million pesos ($5.4 million) in an antitrust case. The IFT said it fined America Movil and Telcel for having "exclusivity agreements with Blue Label Mexico, which prevented the company from marketing or providing" services for Telcel's competitors in the mobile telephone service.
- Reuters•8 days ago
America Movil shareholders approve 3 bln pesos in share buybacks
Mexican billionaire Carlos Slim's America Movil said on Monday that shareholders approved 3 billion Mexican pesos in share buybacks between April 2018 and April 2019. America Movil's shareholders also ...
- Investor's Business Daily•21 days ago
These Two Latin American Telecom Stocks Are Suddenly In Favor
Morgan Stanley and Goldman Sachs rate America Movil and TIM Participacoes as buys. Both stocks are up more than 30% from a year ago.
- Reuters•last month
Mexico's wholesale mobile network launches without major carriers
Mexico's landmark wholesale national mobile network launched this week, but without a single major wireless carrier on board, renewing debate about how best to increase competition in the telecom sector dominated by billionaire Carlos Slim. On Wednesday, President Enrique Pena Nieto and other officials gathered for the official launch of the so-called Red Compartida (shared network), a wholesale-only project written into the country's 2013-14 telecoms reform. The government has said the network would cut the costs of developing infrastructure for carriers particularly in rural areas with poor coverage and make it easier for new players to enter the market.
- Reuters•last month
Mexico's wholesale mobile network launches without major carriers
Mexico's landmark wholesale national mobile network launched this week, but without a single major wireless carrier on board, renewing debate about how best to increase competition in the telecom sector dominated by billionaire Carlos Slim. On Wednesday, President Enrique Pena Nieto and other officials gathered for the official launch of the so-called Red Compartida (shared network), a wholesale-only project written into the country's 2013-14 telecoms reform. The government has said the network would cut the costs of developing infrastructure for carriers particularly in rural areas with poor coverage and make it easier for new players to enter the market.
- Reuters•last month
America Movil plans up to 3 bln pesos in share buybacks
Mexican billionaire Carlos Slim's America Movil said on Tuesday it plans to ask shareholders at an April meeting to approve up to 3 billion pesos in share buybacks between April 2018 and April 2019. America ...
- Bloomberg•last month
U.S. Weighs Nafta Telecom Proposal to End AT&T Impasse
The Trump administration is considering trilateral Nafta language to promote telecommunications competition that could help bring the issue to a close after Mexico rejected demands spurred by AT&T Inc. ...
Reuters•last monthAmerica Movil to roll out 4.5G in 76 cities by end-2018
MEXICO CITY (Reuters) - America Movil, Mexico's largest telecommunications firm, will roll out a faster 4.5G network in 76 cities across the country by the end of 2018, the company's chief executive Daniel ...
Reuters•last monthAmerica Movil to roll out 4.5G in 76 cities by end-2018
America Movil, Mexico's largest telecommunications firm, will roll out a faster 4.5G network in 76 cities across the country by the end of 2018, the company's chief executive Daniel Hajj said on Wednesday....
- Reuters•2 months ago
EXPLAINER-Mexican regulator seeks to ratchet up telecoms competition
The Mexican telecom regulator's latest step to pry open the vast infrastructure controlled by the country's dominant telecoms firm, America Movil, will have major consequences for both the company and its competitors, experts say. On Monday, the Federal Telecommunications Institute (IFT) approved a plan to separate part of America Movil's fixed-line units into new companies, after about a year of discussion. America Movil, controlled by the family of billionaire Carlos Slim, has long been required to share its infrastructure with rivals, who cannot match the company's network.
- Reuters•2 months ago
A1 Austria Telekom accused of violating data privacy rules
A1 Telekom Austria (TELA.VI), part of Mexican tycoon Carlos Slim's America Movil (AMXL.MX), has been accused of violating the privacy of tens of thousands of its customers, Austria's data protection authority said on Thursday. Austria's leading telecommunications and data services provider allegedly illegally stored user data of its own A1 mobile and fixed line services and its low-cost brand Bob as well as of Red Bull mobile customers, an authority's spokesman said, confirming an earlier report by Austrian daily Kurier. A1 Telekom has been storing phone numbers, connection data and websites visited by the affected customers for an indefinite period of time with some data ranging back to as far as 2013, lawyer Ewald Scheucher said.
- Reuters•2 months ago
A1 Austria Telekom accused of violating data privacy rules
A1 Telekom Austria, part of Mexican tycoon Carlos Slim's America Movil, has been accused of violating the privacy of tens of thousands of its customers, Austria's data protection authority said on Thursday. Austria's leading telecommunications and data services provider allegedly illegally stored user data of its own A1 mobile and fixed line services and its low-cost brand Bob as well as of Red Bull mobile customers, an authority's spokesman said, confirming an earlier report by Austrian daily Kurier. A1 Telekom has been storing phone numbers, connection data and websites visited by the affected customers for an indefinite period of time with some data ranging back to as far as 2013, lawyer Ewald Scheucher said.
Reuters•2 months agoMexico regulator approves America Movil separation, firm to challenge
Mexico's telecommunications regulator on Monday said it approved a plan to separate part of American Movil's fixed-line units into different entities, while the company said it will begin the process but plans to challenge the move in court. The Federal Telecommunications Institute (IFT) ordered America Movil, controlled by the family of billionaire Carlos Slim, to break out part of its Telmex and Telnor units last year, ratcheting up antitrust measures against the company. America Movil has two years to implement the separation, according to an IFT statement on Monday.
Reuters•2 months agoMexico regulator approves America Movil separation, firm to challenge
Mexico's telecommunications regulator on Monday said it approved a plan to separate part of American Movil's fixed-line units into different entities, while the company said it will begin the process but plans to challenge the move in court. The Federal Telecommunications Institute (IFT) ordered America Movil, controlled by the family of billionaire Carlos Slim, to break out part of its Telmex and Telnor units last year, ratcheting up antitrust measures against the company. America Movil has two years to implement the separation, according to an IFT statement on Monday.
- Reuters•2 months ago
Mexico regulator approves America Movil fixed-line separation plan
Mexico's telecommunications regulator approved America Movil's plan to separate part of its fixed-line unit into a separate entity, according to documents published on the regulator's website. The Federal Telecommunications Institute (IFT) ordered America Movil, controlled by the family of billionaire Carlos Slim, to break out part of its Telmex unit last year, ratcheting up antitrust measures against the company. The IFT narrowly voted on Feb. 27 to approve a separation plan proposed by America Movil, with four commissioners in favor and three opposed, according to a record of the vote posted on the regulator's website.
- Reuters•2 months ago
NAFTA teams set to close telecom chapter as U.S. softens stance: sources
NAFTA negotiators paved the way for closing the telecommunications portion of the trade deal this weekend, as the United States has dropped a proposal to enshrine measures targeting Mexican billionaire Carlos Slim's America Movil, sources said. Telecommunications are due to be discussed in Mexico City on Saturday as part of talks to rework the 1994 North American Free Trade Agreement, according to a schedule.
