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America Movil fined $128m by Mexican regulator

2018-12-21 01:00:00| Total Telecom industry news

Mexican telco America Movil has been fined $128m by the country's telecoms regulator, according to a Reuters report. The company confirmed that its Telmex subsidiary had been fined by Mexico's Federal Telecommunications Institute for failing to meet minimum quality standards in 2013…read more on TotalTele.com »

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America Movil revenue, earnings up on changing customer mix

2018-10-18 02:00:00| Total Telecom industry news

America Movil posted a strong set of financials for the third quarter, buoyed by the acquisition of postpaid mobile customers in its major LatAm markets, while increasing stability in the region helped offset its usual currency headwinds…read more on TotalTele.com »

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America Movil improves EBITDA growth to 8% in Q3, revenues up 2%

2018-10-17 08:52:00| Telecompaper Headlines

(Telecompaper) America Movil improved EBITDA growth to 7.7 percent in the third quarter, to MXN 71.8 billion, driven by improved margins in Brazil. Revenues rose a slower 2.1 percent to MXN 250 billion. At constant exchange rates, EBITDA increased 13.0 percent year-on-year and revenue was up 3.4 percent.

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America Movil posts modest growth in Q2 on postpaid mobile, broadband expansion

2018-07-18 07:54:00| Telecompaper Headlines

(Telecompaper) America Movil reported a small increase in second-quarter sales and EBITDA, driven by the continued shift to postpaid mobile services and growth in the broadband market. Revenues rose 3.2 percent year-on-year to MXN 257.31 billion, and EBITDA improved 3.0 percent to MXN 72.02 billion, keeping the margin stable at 28.0 percent.

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America Movil to launch Claro unit for US businesses

2018-06-06 15:53:00| Telecompaper Headlines

(Telecompaper) Mexican telecommunications giant America Movil has announced plans to launch a US-based unit offering services for business customers via its Claro brand. In a statement, the company said its Telmex USA unit will change its name to Claro Enterprise Solutions while increasing its service portfolio to target businesses of all sizes, from small companies to large multinationals. "Our customers will benefit from a seamless and robust integration of America Movil's global network, operations and service delivery across the Americas and Europe," said Claro Enterprise Solutions CEO Jorge Rodriguez.

Tags: us america unit businesses

 

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