America Movil sees service revenue growth slow in Q1, EBITDA still up 5%

Wednesday 28 April 2021 | 09:17 CET | News
America Movil reported first-quarter revenues down 0.8 percent year-on-year to MXN 248 billion. While customer growth remained solid, the stronger US dollar and new Covid confinements in key markets such as Brazil and Mexico put pressure on results. 

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?

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

Add comment

Please login or register to leave a 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.


Claro Peru revenues soar in Q2, adds 320,000 mobile subs

Published 14 Jul 2021 12:40 CET | Peru
Claro Peru's revenues soared by 43.8 percent in the second quarter of 2021 compared to the pandemic-affected year-earlier result ...

America Movil service revenues up 7% in Mexico in Q2, adds 430,000 mobile subs

Published 14 Jul 2021 10:53 CET | Mexico
America Movil reported second-quarter revenues for its domestic market of Mexico up 19.7 percent year on year to MXN 75.3 ...

America Movil Q2 revenue down slightly on stronger peso, underlying service revenue grows 5%

Published 14 Jul 2021 09:24 CET | Latin America
America Movil reported another small drop in revenues in the second quarter, as the stronger peso sent sales 0.4 percent lower to ...

America Movil to roll out Claro Box TV service across LatAm

Published 03 May 2021 11:43 CET | Latin America
America Movil plans to launch its Claro Box TV streaming service in all its Latin American markets following the initial rollout ...

Claro Caribbean Q1 sales up 4% on Dominican gains

Published 28 Apr 2021 12:26 CET | Caribbean
America Movil's Claro units in the Caribbean reported total revenues up 3.9 percent year on year to USD 453 million in the ...

Claro Central America gains another 524,000 mobile subs in Q1

Published 28 Apr 2021 12:00 CET | Central America
America Movil's combined Central American units, operating under the Claro brand, reported first-quarter revenues down 0.3 ...

Claro Ecuador Q1 revenues down 17% on postpay slump

Published 28 Apr 2021 11:48 CET | Ecuador
America Movil's Claro Ecuador unit reported revenues of USD 253 million in the first quarter of 2021, down 17.4 percent year on ...

Claro Argentina sales fall another 9%, mobile subs up over 330,000 in Q1

Published 28 Apr 2021 11:27 CET | Argentina
America Movil announced that first-quarter revenues adjusted for inflation at its Claro Argentina unit declined to ARS 32.5 ...

Claro Chile returns to growth in Q1, gains 146,000 mobile clients

Published 28 Apr 2021 11:05 CET | Chile
America Movil's Claro Chile unit reported a 0.4 percent year-on-year rise in total revenues to CLP 200.1 billion in the first ...

Claro Brasil Q1 revenue down slightly to BRL 9.8 billion

Published 28 Apr 2021 10:53 CET | Brazil
Claro Brasil reported total net revenues of BRL 9.82 billion in the first quarter of 2021, 0.3 percent down year-on-year. Service ...

Claro Colombia revenues up 10%, adds 450,000 mobile subs

Published 28 Apr 2021 10:46 CET | Colombia
Claro Colombia, a subsidiary of America Movil, reported a 9.8 percent year on year increase in first quarter revenues to COP 3.5 ...

Claro Peru Q1 revenues up 12% on broadband surge

Published 28 Apr 2021 10:28 CET | Peru
Claro Peru's revenues rose by 11.5 percent in the first quarter of 2021 after growing across all segments, above all fixed ...

America Movil revenues improve in Mexico in Q1, gains over 500,000 mobile subs

Published 28 Apr 2021 10:05 CET | Mexico
America Movil reported first-quarter revenues for its domestic market of Mexico down 2.3 percent year on year to MXN 71.5 ...

America Movil shareholders approve MXN 0.40 dividend and MXN 25 bln buyback programme

Published 27 Apr 2021 11:25 CET | Latin America
America Movil said shareholders attending the group's AGM approved the board's proposal to pay a cash dividend of MXN 0.40 per ...

Mexican Supreme Court backs IFT over America Movil 'dominant agent' declaration

Published 04 Mar 2021 10:21 CET | Mexico
Mexico's Supreme Court has declared that telecommunications regulator IFT's description of America Movil as a "preponderant ...

America Movil completes convertible bond issue based on 16% KPN stake

Published 24 Feb 2021 09:48 CET | Netherlands
America Movil has completed its issue of bonds convertible into KPN shares. Underlying the EUR 2.1 billion in bonds are 672.4 ...

America Movil to spin off mobile towers across Latin America

Published 10 Feb 2021 08:11 CET | Latin America
America Movil is the latest mobile operator to announce plans to spin off its tower infrastructure. The company said the move ...