AMOV: America Movil, S.A.B. de C.V. StockTalks

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Friday, March 22, 3:23 AM Mexico's lower house of Congress has approved a telecom bill that will give authorities the power to force dominant players to sell assets. The measures will also create an independent regulator and ease restrictions on foreign investment. The law will hit America Movil (AMOV) in the telecom market and Groupo Televisa (TV) in the broadcast market, although investors are hoping that America Movil will be able to compensate by being allowed to enter the TV sector. (Previous) Comment! [Global & FX, Top Stories, Tech, Consumer]
Wednesday, February 13, 11:11 AM America Movil (AMX -9.1%) tumbles to new 52-week lows after missing Q4 estimates thanks to slowing growth, margin pressures, and forex. While AMX's pay-TV and mobile data service revenue respectively rose 33% and 20% Y/Y, mobile voice fell 1.7% and wireline voice 7.2%. EBITDA margin fell 240 bps Y/Y to 31.1%, thanks in part to 3G/4G investments and smartphone subsidies. 5.6M wireless subs and 1.3M wireline subs were added in the seasonally strong quarter vs. 4.1M and 1.6M in Q3, with strong growth in Brazil. (PR) Comment! [Tech, On the Move, Earnings]
Wednesday, February 13, 4:23 AM America Movil (AMX AMOV): Q4 net profit -8.2% to 14.962B pesos ($1.16B) vs consensus of 16.307B. Revenues -1.1% to 198B vs 191.6B pesos. (PR) 1 Comment [Earnings, Tech, Consumer]
Thursday, February 2, 2012, 1:16 PM Alcatel-Lucent (ALU +2.7%) says it's been selected by America Movil (AMOV +0.51%) - the leading wireless services provider in Latin America - to provide infrastructure for its LTE/4G mobile network rollout in the region. Comment! [Tech, On the Move, Global & FX]
Sunday, October 9, 2011, 7:12 AM In a victory for Carlos Slim's America Movil (AMX), a judge has reportedly told Mexico's competition watchdog, the CFC, to annul a 2008 resolution that certain telecom companies are dominant and potentially anti-competitive. The case also affect the local units of Telefonica (TEF) and Iusacell-Unefon. 1 Comment [Global & FX, Tech]

AMOV America Movil, S.A.B. de C.V.

AMOV

America Movil, S.A.B. de C.V.