America Movil Q3 sales up 4.5%, profit jumps on forex gains

Friday 26 October 2012 | 08:47 CET | News
America Movil reported third-quarter revenues of MXN 193 billion, up 4.5 percent from a year earlier as a stronger peso held back growth. At constant exchange rates, service revenues increased 6.1 percent year-on-year, driven by mobile data and pay-TV revenues. EBITDA rose 0.6 percent to MXN 66 billion, giving a margin of 34.4 percent. Thanks to a foreign exchange gain of MXN 9.0 billion, net profit jumped 67 percent to MXN 30.6 billion or MXN 0.40 per share. Results include the recently acquired stake in KPN, accounted for by the equity method. The operator finished September with a total

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: America Movil
Countries: Latin America
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


America Movil sees Q1 net profit drop 17.4%

Published 19 Apr 2013 08:04 CET | Mexico
America Movil's first-quarter revenues totaled MXN 193 billion, slightly up compared to the year-earlier period in Mexican peso ...

America Movil Q4 revenues down 1%, margins lower

Published 13 Feb 2013 08:31 CET | Latin America
America Movil reported fourth-quarter revenues down 1.1 percent to MXN 198 billion, hurt by the stronger peso. At constant ...

America Movil lanceert LTE in Mexico

Published 08 Nov 2012 08:32 CET | Mexico
America Móvil heeft zijn 4G-netwerk commercieel in werking gesteld met de bedoeling begin volgend jaar twee derde van Mexico ...

America Movil sets 2013 capex at USD 10 billion

Published 28 Oct 2012 05:20 CET | Latin America
America Movil plans to invest around USD 10 billion in 2013 in the expansion of its network across Latin America. According to ...

Tracfone revenues climb 28.6% in to USD 1.2 bln Q3

Published 26 Oct 2012 11:44 CET | United States
US MVNO Tracfone, a unit of America Movil, added 302,000 new subscribers in the third quarter, to end September with 21.6 million ...

Claro adds 658,000 users in Q3 in Central America, Caribbean

Published 26 Oct 2012 11:09 CET | Caribbean
Claro Central America and the Caribbean, a subsidiary of America Movil, saw its total revenues increase 2.6 percent year-on-year ...

Claro Peru revenue jumps 16.6% to over PEN 1.1 bln in Q3

Published 26 Oct 2012 10:50 CET | Peru
America Movil subsidiary Claro Peru reported mobile revenues of over PEN 1.1 billion in the third quarter, up 16.6 percent ...

Claro Ecuador adds nearly 170,000 subs in Q3

Published 26 Oct 2012 10:40 CET | Ecuador
America Movil's Ecuador subsidiary Claro saw its third-quarter revenues increase by 4.6 percent year-on-year to USD 388 million, ...

Claro Chile sees revenues increase 12.7% in Q3

Published 26 Oct 2012 10:10 CET | Chile
Chilean mobile operator Claro, a subsidiary of America Movil, added 70,000 new clients during the third quarter, bringing the ...

Claro Brazil revenues increase 1.9% in Q3

Published 26 Oct 2012 09:35 CET | Brazil
Brazilian mobile operator Claro, part of America Movil, added 481,000 mobile subscribers in the third quarter and 3.1 million in ...

Claro adds 381,000 customers in Mercosur region in Q3

Published 26 Oct 2012 08:46 CET | Argentina
Mobile operator America Movil's combined third-quarter revenues from operations in Argentina, Paraguay and Uruguay increased by ...

Telcel adds 1.1 mln subscribers in Q3

Published 26 Oct 2012 07:58 CET | Mexico
Mexican mobile operator Telcel, a unit of America Movil, added 1.1 million customers in the third quarter and 3.5 million users ...

America Movil drops Digicel El Salvador acquisition plans

Published 17 Oct 2012 11:31 CET | El Salvador
America Movil has announced that it has ended the signed agreement to acquire the operations of Digicel in El Salvador. America ...

America Movil completes purchase of Telekom Austria shares

Published 25 Sep 2012 14:08 CET | Austria
Telekom Austria has been informed that America Movil Europa now holds 16.01 percent of total shares of Telekom Austria after ...

Competition watchdog confirms Telmex's dominant position

Published 30 Aug 2012 09:50 CET | Mexico
Mexican competition watchdog CFC has confirmed its dominance findings related to America Movil's fixed-line unit Telmex, CNN ...

Carlos Slim to enter Polish market - report

Published 23 Aug 2012 11:00 CET | Poland
Mexican business magnate Carlos Slim is close to entering the Polish market, reported Puls Biznesu. Slim may clash with the ...

America Movil to bid for remaining 2.79% Telmex stake

Published 17 Aug 2012 11:21 CET | Mexico
America Movil seeks to complete the process to delist its Mexican fixed-line unit Telmex by offering to buy the remaining 2.79 ...

TA in talks with America Movil about E-European holding

Published 17 Aug 2012 01:07 CET | Austria
Telekom Austria is currently in talks with its new major shareholder America Movil about expansion plans, according to Telekom ...

America Movil still mulling its KPN strategy

Published 09 Aug 2012 09:38 CET | Netherlands
America Movil is still developing its strategy with KPN, De Telegraaf reported, citing board member Carlos Slim Domit, the son of ...

Standard & Poor's rates America Movil note issue A-

Published 06 Aug 2012 09:38 CET | Latin America
Standard & Poor's Ratings Services has assigned its 'A-' issue-level ratings to Mexican mobile operator America Movil's new GBP ...

America Movil not interested in Yoigo acquisition

Published 06 Aug 2012 09:31 CET | Spain
America Movil is not currently interested in acquiring TeliaSonera's Spanish unit Yoigo, Reuters reports, citing America Movil ...

America Movil net profit falls in Q2 on forex losses

Published 27 Jul 2012 08:35 CET | Latin America
America Movil reported second-quarter revenues up 9.3 percent from a year earlier to MXN 19.7 billion. Mobile revenues rose 14.1 ...

Calendar   /   Industry Events

01 Mar Zoom Video Communications Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Ooma Q4
01 Mar Inseego Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar HPE fiscal Q1
02 Mar FuboTV Q4 2020
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
03 Mar Marvell Technology fiscal Q4
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
04 Mar Inwit Q4 2020
04 Mar Telesat Q4
05 Mar Vonage Investor Day
::: More Calendar Items