America Movil Targets Steady Growth, Holds Capex at $7 Billion
Mexican telecoms giant America Movil announced its strategy to target steady growth while maintaining its capital expenditure at $7 billion.
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Mexican telecoms giant America Movil announced its strategy to target steady growth while maintaining its capital expenditure at $7 billion.
America Movil, a major telecommunications company, announced a 25% increase in its first-quarter profit, exceeding market expectations.
America Movil held its Q1 earnings call, providing highlights and key financial results for the quarter.
America Movil's Brazilian unit, Claro, has indicated its openness to pursuing additional acquisitions in Brazil. This announcement follows its recent deal involving Desktop.