About the company
America Movil, headquartered in Mexico City, is the leading telecommunications company in Latin America, boasting the largest customer base in the region. With an impressive network that spans across various countries, the company has garnered a gargantuan subscriber base of around 310 million wireless customers. This vast customer reach is a testimony to America Movil's commitment to delivering reliable and high-quality communication services. While wireless services are its core offering, America Movil also provides fixed-line telephone, internet access, and television services in most of the countries it operates. The company's comprehensive portfolio ensures that it caters to diverse customer needs and remains at the forefront of innovation in the ever-evolving telecommunications industry. Undoubtedly, Mexico is America Movil's most significant market, contributing approximately 40% of its total service revenue. In its home country, the company dominates the wireless market, commanding an impressive 63% customer share. Furthermore, America Movil serves around half of Mexico's fixed-line internet access customers, solidifying its market leadership and demonstrating its commitment to connecting people across the nation. Moving beyond Mexico, Brazil emerges as America Movil's second most important market, generating roughly 30% of its service revenue. With its strong presence in Brazil, the company showcases its ability to expand its operations successfully beyond its home turf. Brazil's dynamic and rapidly growing telecommunications market presents a significant growth opportunity for America Movil as it continues to capture a larger market share in the country. In recent years, America Movil made strategic decisions to streamline its portfolio and focus on its core markets. One significant move was the sale of its low-margin wireless resale business in the United States to Verizon in 2021. Through this transaction, America Movil demonstrated its commitment to optimizing its operations and maintaining a strong financial position. As part of the deal, America Movil acquired a 1.4% stake in Verizon, further solidifying its presence in the U.S. telecom market. Beyond its core operations, America Movil holds strategic stakes in global telecommunication companies. Specifically, the company holds a majority share of 51% in Telekom Austria. This investment enables America Movil to access the European market and leverage synergies between the two companies, benefitting both parties involved. Additionally, America Movil owns a 17% stake in KPN, a prominent Dutch carrier. This investment showcases America Movil's interest in expanding its influence beyond Latin America and exploring new horizons in the global telecommunications landscape. As America Movil continues to lead the telecommunications industry in Latin America, the company remains focused on delivering exceptional services, expanding its network, and embracing technological advancements. Its commitment to meeting the diverse needs of millions of customers while exploring exciting investment opportunities across the globe positions America Movil as a true telecom powerhouse in the Latin American and global markets.
Website: https://www.americamovil.com
Data updated: April 30, 2026
