Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
América Móvil, S.A.B. de C.V. is a multinational telecommunications company headquartered in Mexico and one of the largest wireless service providers in the world by subscribers. The company operates across Latin America and Europe, offering mobile and fixed-line telecommunications services, including voice, data, broadband, and pay television. Its primary revenue drivers are mobile wireless services and fixed-line connectivity for consumer and enterprise customers.
Founded in 2000 as a spin-off from Teléfonos de México (Telmex), América Móvil was established to consolidate and expand mobile operations across the region. Under the control of its founder Carlos Slim Helú, the company pursued aggressive regional expansion, building scale through acquisitions and organic growth. It is widely recognized for its strong market positions in multiple countries, extensive network infrastructure, and cost-efficient operations that support competitive pricing and high subscriber penetration.
Business Operations
América Móvil organizes its operations primarily across two core business segments: Wireless Services and Fixed-Line Services. The wireless segment provides mobile voice, messaging, and data services under brands such as Telcel in Mexico and Claro across much of Latin America. The fixed-line segment includes broadband, pay television, and enterprise services, largely delivered through fiber and cable networks, including operations historically associated with Telmex.
The company operates extensive domestic and international networks, controlling significant spectrum assets, fiber-optic infrastructure, and data centers. In Europe, América Móvil holds ownership of Telekom Austria Group (A1 Group), which provides mobile and fixed services across Central and Eastern Europe. Revenue is generated primarily through recurring service subscriptions, prepaid mobile usage, and bundled service offerings for residential and business customers.
Strategic Position & Investments
América Móvil’s strategic direction focuses on expanding high-speed data services, increasing fiber-to-the-home coverage, and accelerating digital and enterprise solutions such as cloud connectivity, IoT, and cybersecurity services. The company has consistently invested in network modernization, including 4G and 5G deployment, to support rising data consumption and maintain competitive positioning.
Notable strategic actions include the divestiture of TracFone Wireless in the United States to Verizon Communications in 2021, allowing the company to redeploy capital toward core Latin American and European markets. Key subsidiaries include Telcel, Claro, Telmex, and Telekom Austria Group, each serving as regional platforms for growth and innovation in telecommunications and digital services.
Geographic Footprint
América Móvil operates across more than 20 countries, with its strongest presence in Mexico, Brazil, Colombia, Argentina, and Chile. Through the Claro brand, the company maintains extensive operations throughout Central America, South America, and parts of the Caribbean, serving both urban and rural markets.
In Europe, its footprint is anchored by Austria, with Telekom Austria Group extending operations into Eastern and Central Europe, including markets such as Bulgaria, Croatia, and Serbia. While the company exited direct U.S. wireless operations following the TracFone sale, its international scale continues to provide operational leverage, cross-market expertise, and significant regional influence.
Leadership & Governance
América Móvil was founded by Carlos Slim Helú, who remains the controlling shareholder and a central figure in shaping the company’s long-term vision focused on scale, operational efficiency, and disciplined capital allocation. The company follows a centralized strategic model with strong oversight from its board and senior leadership.
Key executives include:
- Daniel Hajj Aboumrad – Chief Executive Officer
- Carlos Slim Domit – Chairman of the Board
- Arturo Elías Ayub – Director of Strategic Alliances
- Héctor Slim Seade – Chief Operating Officer
- Nora Lanfranco – Chief Financial Officer
The leadership emphasizes long-term investment, network quality, and financial resilience, aligning operational execution with sustainable growth across diverse and regulated markets.