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 and one of the largest wireless operators in the world by subscribers. The company operates across the telecommunications and digital services industries, providing mobile voice, data, fixed-line, broadband, pay-TV, and enterprise solutions. Its primary revenue drivers are mobile services, fixed broadband, and value-added digital services, serving both consumer and corporate customers.
The company’s core markets span Latin America, the United States, and parts of Europe, with a strong focus on prepaid and postpaid mobile customers, small and medium-sized enterprises, and large corporate clients. América Móvil benefits from scale advantages, extensive spectrum holdings, and vertically integrated networks, allowing cost-efficient deployment and broad coverage. Founded in 2000 as a spin-off from Telmex, the company expanded rapidly through acquisitions and organic growth, consolidating telecom assets across the Americas and later entering European markets to diversify geographically.
Business Operations
América Móvil operates through multiple business segments, primarily Wireless Services, Fixed-Line Services, and Pay Television and Digital Services. Revenue is generated through mobile subscriptions, data usage, equipment sales, broadband access, enterprise connectivity, cloud services, and content distribution. The company manages extensive telecommunications infrastructure, including mobile networks, fiber-optic backbones, submarine cables, and data centers.
The company conducts operations through key subsidiaries such as Telcel, Telmex, Claro, Telnor, and Embratel, which serve as regional operating units. International operations contribute a majority of consolidated revenues, with significant exposure outside Mexico. América Móvil also maintains commercial agreements and infrastructure-sharing arrangements with other telecom operators, particularly in markets with regulatory constraints or spectrum-sharing requirements.
Strategic Position & Investments
América Móvil’s strategy emphasizes network expansion, digital transformation, and operational efficiency. Growth initiatives include continued investment in 5G deployment, fiber-to-the-home expansion, enterprise digital solutions, and fintech-adjacent services such as mobile payments and digital wallets. The company prioritizes capital expenditures to maintain network quality and customer retention in competitive markets.
Historically, América Móvil has pursued strategic acquisitions and equity investments to strengthen its market presence, including stakes in Telekom Austria Group, Claro Chile, and other regional operators. The company has also invested in content distribution, data analytics, and cloud-based services to diversify beyond traditional connectivity. Where regulatory or market data is inconsistent across jurisdictions, specific investment impacts are disclosed variably, and some subsidiary-level performance data remains inconclusive based on available public sources.
Geographic Footprint
América Móvil has a broad geographic footprint spanning North America, Central America, South America, and Europe. Its corporate headquarters are located in Mexico City, Mexico, with Mexico representing one of its largest individual markets. The company has substantial operations in countries including Brazil, Colombia, Argentina, Chile, Peru, and the United States.
In Europe, América Móvil maintains a significant presence through its ownership interest in Telekom Austria Group, which operates across Central and Eastern Europe. Overall, the company serves hundreds of millions of access lines globally, making it one of the most geographically diversified telecom operators in emerging and developed markets.
Leadership & Governance
América Móvil was founded by Carlos Slim Helú, who remains a central figure in its long-term strategic direction through significant ownership and influence. The leadership team focuses on disciplined capital allocation, technological leadership, and long-term value creation, with an emphasis on network quality and regional scale.
Key executives include:
- Daniel Hajj Aboumrad – Chief Executive Officer
- Carlos Slim Domit – Chairman of the Board
- Carlos García Moreno – Chief Financial Officer
- Javier Mondragón – Chief Operating Officer
- Ariel Szarfsztejn – Executive Vice President, Strategy and Planning