América Móvil, S.A.B. de C.V. AMXOF

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.