America Movil S.A.B. DE C.V. (America Movil) is a provider of wireless communications services in Latin America. As of December 31, 2008, it had 182.7 million subscribers in 17 countries. Through Radiomovil Dipsa, S.A. de C.V., which operates under the name Telcel, the Company, provides mobile telecommunications service in all nine regions in Mexico. As of December 31, 2008, Telcel had 56.4 million subscribers in Mexico. The Company operates in Brazil through its subsidiaries, Claro S.A. and Americel S.A. (Americel), under the unified brand name Claro. Its network covers the main cities in Brazil, including Sao Paulo and Rio de Janeiro. The Company provides wireless services in Argentina, Paraguay, Uruguay and Chile. America Movil provides wireless services in Colombia under the Comcel brand. It also provides fixed-line and wireless services in Guatemala, El Salvador, Nicaragua and Panama. In August 2008, the Company acquired 100% interest in Estesa Holding Corp.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, America Movil S.A.B de C.V.'s total revenues increased 15% to PS287.61B. Net income increased 31% to PS43.84B. Total revenues reflects an increase in demand for the Company's products and services especially in the other foreign geographic segment. Net income also reflects higher equity in earnings, lower minority interest and a decrease in interest expense net.
Company Address
America Movil, S.A. de C.V.
Lago Alberto 366 Colonia Anahuac Mexico City 11320
P: +1781.5754328