America Movil, S.A.B. de C.V. (AMX) reported a net loss per ADR of 2 cents for the second quarter of 2024 against the net income of 46 cents reported in the prior-year quarter.Net loss in the June quarter was Mex$1,093 million or Mex$0.02 per share against net income of Mex$25,875 million or Mex$0.41 per share in the year-ago quarter.The company had a comprehensive financing cost of Mex$40,210 million compared with the year-ago quarter’s comprehensive financing cost of Mex$2,104 million.RevenuesTotal quarte ...

MIRAMAR, Fla., July 17, 2024 /PRNewswire/ -- Claro Enterprise Solutions is proud to announce that it has been recognized with Comparably's Best Leadership Team award for 2024. This honor reflects the outstanding leadership and management conducted throughout the company, as rated by its employees. Claro Enterprise Solutions Awarded Best Leadership Teams "We are humbled and honored to receive this recognition. While our leadership team serves as a catalyst, it is our skilled, dedicated, and relentless em ...

Transforms school health and safety with advanced AI-driven surveillance to protect the mental and physical well-being of students. More use case information is now available in a new Claro Enterprise Solutions eBook.MIRAMAR, Fla., June 26, 2024 /PRNewswire/ -- Building on the robust platform's successful track record of security enhancements with schools, Claro Enterprise Solutions announced the launch of its latest AI Video Analytics sensor that helps detect bullying and vaping on campus. As a part of its ...

A month has gone by since the last earnings report for Amer Movil (AMX) . Shares have added about 10.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Amer Movil due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. America Movil's Q1 Earnings Decrease Y/YAmerica Movil ...

Dividends and Shareholder Returns - América Móvil approved an ordinary dividend of MXP$0.48 per share, payable in two installments of MXP$0.24 each on July 15 and November 11, 2024[3]. - The company allocated MXP$15,000 million for its buyback program for the period April 2024 – April 2025, increasing the total buyback fund to MXP$15,276 million[3]. Corporate Governance - The Board of Directors and Executive Committee members were ratified, including Carlos Slim Domit as Chairman and Claudia Jañez Sánchez as a member of the Audit and Corporate Practices Committee[5].

Table of Contents As filed with the Securities and Exchange Commission on April [●] 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ SHELL COM ...

"Claro Enterprise Solutions has been a cornerstone of our tech evolution. Together, we reduced network downtime, cut communication costs and streamlined response and resolution times to an unprecedented level of efficiency," said Celso Arrieta, IT Manager, City of Paris (TX) and a CES customer. "In a progressive city like ours in Paris, Texas, Claro Enterprise Solutions has been integral in making our city more resilient, efficient and connected." Rapid growth in artificial intelligence (AI), Cloud, and Int ...

Financial Data and Key Metrics - Revenue for Q1 2024 totaled MXN203 billion, with service revenue expanding 1.1% to MXN171 billion, while other revenue declined 71.7% to MXN2.4 billion due to the absence of tower sales compared to Q1 2023 [9] - EBITDA came in at MXN80.6 billion, a 2.6% decline year-on-year, but increased 7.5% at constant exchange rates and adjusting for tower sales [12] - Operating income reached MXN4.8 billion, a 7.6% decline year-on-year, but up 2.5% in Mexican peso terms and 13% at constant exchange rates when adjusted for tower sales [13] - Net profit was MXN13.5 billion, equivalent to 22 peso cents per share and 25 dollar cents per ADR [13] - Capital expenditures for the quarter were MXN21.8 billion, with net financing of MXN17.4 billion used to fund these expenditures [14] Business Line Performance - Wireless subscribers increased by 1.5 million, with 1.3 million being postpaid clients, led by Brazil (555,000), Austria (260,000), Colombia (126,000), and Mexico (105,000) [8] - Prepaid subscribers grew by 263,000, with Colombia (378,000), Argentina (226,000), and Brazil (146,000) leading the gains [8] - Fixed-line broadband accesses increased by 562,000, the best performance in four years, with Mexico contributing 325,000, Brazil 92,000, and Colombia 23,000 [9] - Postpaid base grew 6.4% year-on-year, while fixed broadband accesses increased by 4.8% [9] - Corporate network revenue, representing 21% of fixed-line service revenue, grew 13.5% year-on-year, followed by broadband services, which increased by 6.4% [11] Market Performance - Mexico drove fixed-line revenue growth, increasing from 5.9% in the previous quarter to 9.7%, the fastest growth rate in years [11] - Brazil reported a 1% increase in fixed-line revenue, its best performance in seven years, as broadband revenue growth offset PayTV declines [11] - Colombia returned to positive mobile revenue growth after two quarters of declines [12] - Service revenue growth exceeded inflation in most main markets, including Mexico and Brazil, with Austria and Colombia being exceptions [10] Strategic Direction and Industry Competition - The company continues to invest heavily in fiber and 5G infrastructure, with 17 million fiber home-passes in Mexico and 125 cities with 5G coverage [19][20] - Corporate services, including cybersecurity, cloud, and network management, are driving growth, particularly in the B2B market [29] - The company is focusing on bundling and improving customer experience to reduce churn and increase ARPU [19][20] - In Brazil, broadband revenue has overtaken PayTV, reducing the headwinds from PayTV declines [31] Management Commentary on Operating Environment and Future Outlook - Management highlighted the strong performance in Mexico, driven by fiber investments and 5G network expansion, which have improved customer retention and service quality [19][20] - The company expects to maintain a net debt to EBITDA ratio between 1.3x and 1.5x [17] - CapEx for 2024 is expected to be around $7.1 billion to $7.2 billion, with a focus on fiber, 5G, and corporate services [25] Other Important Information - The company faced a cybersecurity incident in Central America, leading to the disconnection of 584,000 subscribers [8] - Share buybacks in Q1 2024 were MXN4.8 billion, 2.5 times greater than the previous year [16] - The company paid nearly MXN13 billion in spectrum usage fees and telecom-related taxes in March, a recurring annual expense [15] Q&A Session Summary Question: Mexico Broadband Strategy and EBITDA Margin - The company's fiber investments in Mexico have reduced churn and improved customer retention, with 80% of customers now on fiber [19] - EBITDA margins in Mexico are supported by strong 5G performance and customer upgrades to higher ARPU plans, with a 42% margin considered sustainable [20] Question: CapEx Seasonality and Future Expectations - CapEx for 2024 is expected to be $7.1 billion to $7.2 billion, with investments focused on fiber, 5G, and corporate services [25] - The company is reviewing CapEx plans for 2025 but has not yet finalized figures [25] Question: Revenue Growth Drivers in Other Markets - Revenue growth in other markets is driven by 5G investments, improved plans, and fiber expansion, with some markets seeing price increases depending on competition [28] - Corporate services, including cybersecurity and cloud, are also contributing to revenue growth [29] Question: Brazil ARPU Growth and Mexico Fiber Capacity - Brazil's ARPU growth of 3% is attributed to postpaid migration, with customers gradually moving to higher plans [36] - Mexico's fiber capacity of 17 million home-passes still has room for further penetration [34] Question: Telmex Performance and Colombia CapEx - Telmex's strong performance is due to fiber migration, market growth, and competitive packages, including symmetrical speed offerings [42] - Colombia's CapEx for 2024 is expected to be around $1 billion, with investments in spectrum and network infrastructure [40] Question: Lease-Related Debt and Chile JV - The increase in lease-related debt is attributed to tower sales in Peru and the Dominican Republic, as well as the spin-off of European towers [50] - The Chilean JV has seen significant investments, with the company prepared for both scenarios regarding Liberty's potential matching of contributions [69] Question: Competitive Landscape in Mexico - Mexico remains highly competitive in both wireless and broadband, with new entrants like Byte offering aggressive promotions [53] - The company is focusing on network quality, customer service, and competitive pricing to maintain its position [54] Question: Brazil Fixed Business and Corporate Networks - PayTV is no longer a significant headwind in Brazil, with broadband revenue now more than double PayTV revenue [63] - Corporate networks are a high-growth area, with strong visibility on revenues and a focus on profitability [65] Question: Chilean JV Investments and Ownership - The company has invested significantly in the Chilean JV, with a focus on network quality and market share growth [68] - The future ownership structure of the JV will depend on Liberty's decision to match contributions by August 1st [69]

America Movil, S.A.B. de C.V. (AMX) reported net income per ADR of 25 cents for first-quarter 2024, which decreased from 51 cents reported in the prior-year quarter.Net income in the quarter was Mex$13,494 million or Mex$0.22 per share compared with Mex$30,146 million or Mex$0.48 per share in the year-ago quarter. The downtick was caused by the sale of towers by the Dominican Republic and Peru in the prior-year quarter.The company had a comprehensive financing cost of Mex$13,708 million against the year-ago ...

Core Insights - Claro Enterprise Solutions (CES) has been recognized by Comparably as the 2024 recipient for Best Company Outlook, reflecting positive employee feedback regarding the company's future [1] - The award is based on employee confidence in the company's future, likelihood to recommend the company, and overall excitement about work [1] - CEO Andres Mosquera emphasized the company's culture of valuing each team member as a contributor to a shared vision, highlighting the collective impact on customers and communities [1] Company Overview - Claro Enterprise Solutions is an IT solutions provider backed by América Móvil, focusing on integrated solutions that enhance security, productivity, and performance [3] - The company utilizes innovations in AI, cloud, IoT, and security to deliver technical solutions [3] - Claro Enterprise Solutions is headquartered in Miramar, Florida, and has received a Great Place to Work® Certification™ [3] Comparably Overview - Comparably is a workplace culture and corporate brand reputation platform with 20 million anonymous employee ratings across 70,000 companies [4] - The platform provides job placement services and comprehensive data on wages and company culture [4] - Comparably's annual Best Company Outlook list is based on anonymous employee feedback collected over the past year [1][4]