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  "slug": "america-movil-sab-de-cv",
  "name": "AMERICA MOVIL SAB DE CV/",
  "updatedAt": "2026-09-28T11:38:52.240456Z",
  "sections": [
    {
      "type": "OVERVIEW",
      "text": "América Móvil, S.A.B. de C.V. is a telecommunications company that provides mobile and fixed-line voice and data services, broadband internet, pay television and digital services. Its principal markets are in Latin America and Europe, where it operates under brands including Telcel, Claro and A1. The company states that its mission is to improve service and customer experience through communications, information technology and digital content, while bringing people closer together and supporting development and equal opportunity. [https://www.sec.gov/Archives/edgar/data/1129137/000114036125018954/ef20044005_20f.htm][https://www.americamovil.com/English/about-us/our-company/default.aspx]\n\nThe company describes its footprint as spanning 22 countries. In 2024, it reported approximately Ps.869 billion in operating revenue and 178,468 employees at year-end. [https://www.americamovil.com/English/about-us/our-company/default.aspx][https://www.sec.gov/Archives/edgar/data/1129137/000114036125018954/ef20044005_20f.htm]\n[P150063137][T17170045][https://www.sec.gov/Archives/edgar/data/1129137/000114036125018954/ef20044005_20f.htm][https://www.americamovil.com/English/about-us/our-company/default.aspx]",
      "updatedAt": "2026-09-28T11:38:52.240456Z"
    },
    {
      "type": "PRODUCTS",
      "text": "América Móvil sells prepaid and postpaid mobile plans for voice, messaging and data, alongside handsets and accessories. Its mobile services include international roaming, video calling, mobile payments and machine-to-machine connectivity. The company operates 4G LTE and 5G networks, although availability varies by market; Telcel is its mobile brand in Mexico, while Claro is used in other markets. [P150062183][P150062190][P150062191][P150062236][P150062258]\n\nIts fixed-line offerings include local and long-distance calling, residential broadband delivered over fiber or hybrid fiber-coaxial networks, and bundled voice and internet plans. For businesses, it provides dedicated data links, VPNs, cloud and hosting services, data-center services and other IT solutions. Its television and entertainment products include cable and satellite pay TV, on-demand programming and ClaroVideo, an internet video service with subscription and transactional viewing options. Claro also offers the Claro música streaming app in Brazil. [P150062194][P150062196][P150062198][P150062199][P150062201][P150062204][https://www.claro.com.br/servicos/entretenimento/claro-musica]\n\nIn 2024, mobile voice and data accounted for approximately 52.8% of consolidated revenue, while fixed voice, data, broadband and IT services accounted for approximately 30.2%. Across the company, service revenue represented about 85% of operating revenue and equipment sales about 15%. [P150062179][P150062193][https://www.sec.gov/Archives/edgar/data/1129137/000114036125018954/R3.htm]\n[P150062183][P150062190][P150062191][P150062236][P150062258][P150062194][P150062196][P150062198][P150062199][P150062201][P150062204][P150062179][P150062193][https://www.claro.com.br/servicos/entretenimento/claro-musica][https://www.sec.gov/Archives/edgar/data/1129137/000114036125018954/R3.htm]",
      "updatedAt": "2026-09-28T11:38:52.240456Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "América Móvil operates across 23 countries in Latin America, the Caribbean and Europe, with corporate offices in Mexico City. Its reported geographies include Mexico, Brazil and Colombia; the Southern Cone countries of Argentina, Chile, Paraguay and Uruguay; and the Andean countries of Ecuador and Peru. Its Central American operations cover Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica; its Caribbean operations cover the Dominican Republic and Puerto Rico. In Europe, it operates in Austria, Bulgaria, Croatia, Belarus, Slovenia, Macedonia and Serbia. [P150052567][P150053614][P150052676][P150052683][P150054533]\n\nIn 2025, Mexico accounted for approximately 37.4% of consolidated external revenue, combining the Mexico and Telmex segments. Brazil contributed 18.8%, Europe 12.8% and Colombia 8.3%. The Southern Cone contributed 6.7%, the Andean region 6.1%, Central America 6.0% and the Caribbean 3.9%. These shares are calculated from reported geographic-segment external revenues, rather than revenues that include intersegment sales. [T17168785]\n[P150052567][P150053614][P150052676][P150052683][P150054533][T17168785][T17168785][T17168785][T17168785][T17168785][T17168785][T17168785][T17168785][T17168785][T17168785]",
      "updatedAt": "2026-09-28T11:38:52.240456Z"
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    {
      "type": "SEGMENTS",
      "text": "América Móvil reports operating segments primarily by geography, with Mexico’s wireless and fixed-line businesses shown separately. Mexico Wireless, centered on Telcel’s mobile voice and data services, accounted for approximately 29% of 2025 operating revenue; Mexico Fixed, centered on Telmex’s fixed voice, broadband and business services, accounted for approximately 12%. Brazil, where Claro offers mobile and fixed services and pay TV, contributed approximately 19%. [P150052470][P150052489][https://www.sec.gov/Archives/edgar/data/1129137/000114036126017486/ef20060642_20f.htm]\n\nThe other reported segments and their approximate 2025 revenue shares were Europe, principally A1 telecommunications operations (13%); Colombia (8%); Andean Region, comprising Peru and Ecuador (6%); Central America, comprising Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica (6%); Caribbean, comprising the Dominican Republic and Puerto Rico (4%); and Southern Cone, reported as Argentina (4%) and Chile, Paraguay and Uruguay combined (3%). These segment shares are before intersegment eliminations of approximately 5%, so they sum to more than 100%. [P150054533][https://www.sec.gov/Archives/edgar/data/1129137/000114036126017486/ef20060642_20f.htm]\n[P150052470][P150052489][P150054533][T17168479][T17168479][T17168479][T17168479][T17168479][T17168479][T17168479][T17168479][T17168479][T17168479][T17168479][https://www.sec.gov/Archives/edgar/data/1129137/000114036126017486/ef20060642_20f.htm]",
      "updatedAt": "2026-09-28T11:38:52.240456Z"
    },
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      "type": "HISTORY",
      "text": "América Móvil was formed in 2000 when Telmex spun off its Mexican wireless business and other mobile investments. [P150062150] It expanded across Latin America in the following years, increasing its stake in Brazil’s Telecom Americas in 2002 and acquiring Chilean mobile operator Smartcom in 2005. [https://www.cbc.ca/news/business/bell-canada-international-to-sell-major-assets-and-wind-up-operations-1.329201][https://rcrwireless.com/20050804/archived-articles/america-movil-buys-into-chilean-market-2]\n\nAmérica Móvil brought fixed-line businesses more closely into the group through a 2010 exchange offer for Telmex Internacional shares and a 2011 offer that increased its ownership of Telmex. [https://www.sec.gov/Archives/edgar/data/1129137/000119312510140356/d425.htm][https://www.sec.gov/Archives/edgar/data/866213/000119312511319245/d258371dex99axvii.htm] Its expansion beyond Latin America included gaining a controlling stake in Telekom Austria in 2014. [https://newsroom.a1.com/news-ad-hoc-results-of-amrica-mvil-public-tender-offer?id=66033&l=english&menueid=13583] In Brazil, it later acquired Nextel Brasil and, as part of a consortium, a share of Oi’s mobile business, with the Oi transaction closing in 2022. [P150063001][P150054782]\n[P150062150][P150063001][P150054782][https://www.cbc.ca/news/business/bell-canada-international-to-sell-major-assets-and-wind-up-operations-1.329201][https://rcrwireless.com/20050804/archived-articles/america-movil-buys-into-chilean-market-2][https://www.sec.gov/Archives/edgar/data/1129137/000119312510140356/d425.htm][https://www.sec.gov/Archives/edgar/data/866213/000119312511319245/d258371dex99axvii.htm][https://newsroom.a1.com/news-ad-hoc-results-of-amrica-mvil-public-tender-offer?id=66033&l=english&menueid=13583]",
      "updatedAt": "2026-09-28T11:38:52.240456Z"
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