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america movil-adr series a (MV9A) Details

América Móvil, S.A.B. de C.V. provides telecommunications services in the United States, Latin America, and the Caribbean. It offers mobile and fixed voice services, including airtime, local, domestic, and international long-distance services, as well as network interconnection and public telephony services. The company also provides data, messaging, Web browsing, mobile entertainment, enterprise mobility services, and corporate network services, as well as data services, such as data transmission, email services, instant messaging, content streaming, and interactive applications. In addition, it offers handsets, smartphones, broadband cards, tablets, and netbooks; accessories, such as chargers, headsets, and batteries; push-to-talk services; and other wireless services that include PC and wireless security, machine-to-machine services, field communication services, mobile payment solutions, mobile applications, and VPN services, as well as Oficina Móvil Telcel, a services suite to enhance applications, video calls, and mobile banking. Further, the company provides video, music, radio, online gaming, and applications; advertising, e-commerce, and digital marketing services; application development services for mobile devices; digital discount coupons; and social media solutions, as well as publishes and distributes yellow and white pages directories. Additionally, it sells computers, telecommunications equipment, and accessories; rents high-speed data lines to businesses and other telecommunications providers; offers billing and collection services, satellite data and packet-switched data transmission services, frame relay, and message-handling systems; satellite solutions; and provides cable pay television, call center, pay per view and additional programming, and advertising services. The company markets its products and services through distributors and retail chains. América Móvil, S.A.B. de C.V. was founded in 2000 and is based in Mexico City, Mexico.

172,212 Employees
Last Reported Date: 09/29/14
Founded in 2000

america movil-adr series a (MV9A) Top Compensated Officers

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Executives, Board Directors

america movil-adr series a (MV9A) Key Developments

America Movil S.A.B. de C.V. to Report Q3, 2014 Results on Oct 23, 2014

America Movil S.A.B. de C.V. announced that they will report Q3, 2014 results After-Market on Oct 23, 2014

America Movil S.A.B. de C.V. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

America Movil S.A.B. de C.V. reported unaudited consolidated earnings results for the six months ended June 30, 2014. For the period, the company reported operating revenues of MXN 398,073,655,000 against MXN 387,759,594,000 a year ago. Operating income was MXN 77,931,867,000 against MXN 79,214,548,000 a year ago. Profit before income tax was MXN 56,098,552,000 against MXN 60,480,666,000 a year ago. Net profit for the period attributable to equity holders of the parent was MXN 32,719,647,000 or MXN 0.47 per basic diluted share against MXN 41,063,843,000 or MXN 0.55 per basic and diluted share a year ago. Net cash flows provided by operating activities was MXN 102,434,325,000 against MXN 74,434,272,000 a year ago. Purchase of property, plant and equipment was MXN 49,112,041,000 against MXN 55,719,054,000 a year ago. Purchase of telecommunications licenses was MXN 1,018,190,000.

America Movil Still Evaluate Asset Sales

America Movil S.A.B. de C.V. (BMV:AMX L) said in regulatory filing,"In July 2014 the company’s board of directors approved the implementation of various measures to reduce its national market share in the Mexican telecommunications market to under 50% in order to cease to be a preponderant economic agent, which are still under the analysis of the company’s management and subject to approval of the Mexican telecommunication regulator. The company’s board of directors also decided that all cellular sites, including towers and related passive infrastructure, are to be separated from its Mexican subsidiary of mobile services for their corresponding operation and commercialization to all interested parties, as of the date of the preparation of these financial statements, the company is still analyzing the cellular sites, towers and related passive infrastructure that could be separated from its Mexican subsidiary of mobile services. Also the conditions required in IFRS 5 “Non-current assets held for sale and discontinued operations” are not yet been met for such assets to be considered as held for sale."


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