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]

Core Viewpoint - America Movil's recent earnings report shows a mixed performance with a notable increase in net income but a decline in total revenues, indicating potential challenges ahead for the company [2][3]. Financial Performance - The net income per ADR for Q4 2023 was 33 cents, up from 22 cents in the prior-year quarter, with total net income reaching Mex$18,062 million compared to Mex$13,710 million a year ago [2]. - Total quarterly revenues decreased by 7.1% to Mex$200,713 million, primarily due to poor performance in the Service and Equipment segments, alongside rising interest rates and unfavorable foreign currency movements [3]. - Service revenues were Mex$164,740 million, down 4.6% year over year, while equipment revenues totaled Mex$33,417 million, down 5.6% year over year [3]. Subscriber Growth - America Movil gained 3.9 million wireless subscribers in Q4, including 2.7 million postpaid subscribers, with Brazil, Austria, and Argentina being the main contributors to this growth [3]. Regional Performance - Peru experienced a revenue decline of 9.2% to 1,6204 million Soles, driven by lower equipment revenues, while Argentina's revenues fell by 10.7% to ARS 210,592 million due to declining service and equipment lines [4]. - Colombia's revenues increased by 3.8% to COP 3,885 billion, attributed to higher fixed-line revenues, while revenues from Mexico, Brazil, Central America, Austria, and other European regions showed modest growth [5]. Cost and Profitability - Total costs and expenses were Mex$122,446 million, down 6.7% from the previous year, with EBITDA decreasing by 7.7% to Mex$78,267 million, resulting in an EBITDA margin of 39% [6]. Liquidity Position - As of December 31, 2023, America Movil had Mex$100,353 million in cash and short-term investments, alongside long-term debt of Mex$339,713 million [7].

America Movil, S.A.B. de C.V. (AMX) reported net income per ADR of 33 cents for fourth-quarter 2023, which increased from 22 cents reported in the prior-year quarter.Net income in the quarter was Mex$18,062 million or Mex$0.29 per share compared with Mex$13,710 million or Mex$0.22 per share in the year-ago quarter.The company had a comprehensive financing cost of Mex$15,609 million, up 88% from the year-ago quarter’s comprehensive financing costs of Mex$8,301 million.RevenuesTotal quarterly revenues decreas ...

Financial Data and Key Metrics Changes - In Q4 2023, América Móvil experienced a volatile environment with interest rates surging to record highs, impacting financial performance [5] - Service revenue increased by 3.7% at constant exchange rates, while adjusted EBITDA grew by 4.6% [7] - Mobile service revenue expanded by 4.2%, and fixed-line revenue grew by 3.0%, marking the fifth consecutive quarter of positive growth for both platforms [8] Business Line Data and Key Metrics Changes - The company added 3.9 million wireless subscribers in Q4, including 2.7 million postpaid clients, with Brazil contributing 1.8 million new contract clients [6] - The postpaid subscriber base increased by 7% year-on-year, while fixed broadband accesses rose by 4.1% [7] - Pay TV accesses fell by 1.8% year-on-year, indicating a decline in that segment [7] Market Data and Key Metrics Changes - Mobile service revenue growth in Mexico remained stable at 4.5%, while Brazil's growth slowed to 7.1% [8] - In Central America, mobile service revenue growth accelerated to 10.7% [8] - Corporate networks revenue on the fixed-line platform grew by 8.1%, with significant growth in Eastern Europe [9] Company Strategy and Development Direction - The company plans to reduce CapEx from $8.6 billion in 2023 to $7 billion in 2024, focusing on investments in 5G and fiber infrastructure [15] - América Móvil aims to maintain its competitive position in Colombia despite increased regulatory obligations, continuing to invest in the market [15] - The company is committed to maintaining its presence in Austria and Eastern Europe, emphasizing growth in B2B services [23][24] Management's Comments on Operating Environment and Future Outlook - Management noted that the operating environment remains challenging due to inflation and competition, but they expect to sustain margins and continue growth in Mexico [31][32] - In Argentina, the company is optimistic about future growth despite current economic challenges, with a focus on increasing prices and expanding fixed broadband [36] - The management expressed confidence in the long-term potential of operations in Chile, indicating ongoing improvements and cost reductions [40][41] Other Important Information - The inclusion of Argentina in financial results led to unusual accounting effects, resulting in a net decline in revenues and EBITDA due to currency depreciation [11] - The company reported a net debt increase of 21 billion pesos, which was used to cover capital expenditures and shareholder distributions [12] Q&A Session Summary Question: CapEx plans and regulatory changes in Colombia - Management confirmed a reduction in CapEx to $7 billion for 2024, while continuing to invest in Colombia despite new regulatory obligations [15] Question: ARPU growth sustainability in Mexico and Brazil - ARPU in Mexico grew by 3.1% in prepaid and 2% in postpaid, with management optimistic about sustaining this growth [18][44] Question: Margin expansion in Mexico - Management indicated that margins in Mexico are stable and expected to sustain over 40%, driven by cost-cutting and digitalization efforts [31][33] Question: Future cash flow use and Chile's self-sustainability - Cash flow will primarily be returned to shareholders, with no immediate plans for M&A, while Chile is expected to improve over the next 2-3 years [39][40]

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the trad ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF A FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of January 2024 Commission File Number: 1-16269 AMÉRICA MÓVIL, S.A.B. DE C.V. (Exact Name of the Registrant as Specified in its Charter) America Mobile (Translation of Registrant's name into English) Lago Zurich 245 Plaza Carso / Edificio Telcel, Piso 16 Colonia Ampliación Granada, Alcaldía Miguel Hidalgo ...

America Movil, S.A.B. de C.V. (NYSE:AMX) Q3 2023 Earnings Conference Call October 18, 2023 11:00 AM ET Company Participants Daniela Lecuona - Head of Investor Relations Daniel Hajj Aboumrad - Chief Executive Officer Carlos Garcia Moreno - Chief Financial Officer Oscar Von Hauske - Chief Fixed Line Operations Officer Conference Call Participants Victor Tomita - Goldman Sachs Walter Piecyk - LightShed Marcelo Santos - JPMorgan John Ho - Mizuho Soomit Datta - New Street Research Cesar Medina - Morgan Stanley A ...

America Movil, S.A.B. de C.V. (NYSE:AMX) Q2 2023 Earnings Conference Call July 12, 2023 11:00 AM ET Company Participants Daniela Lecuona - Head of Investor Relations Daniel Hajj - Chief Executive Officer Carlos Garcia Moreno - Chief Financial Officer Oscar Von Hauske - Chief Fixed Line Operations Officer Conference Call Participants Vitor Tomita - Goldman Sachs Leonardo Olmos - UBS Walter Piecyk - Lightshed Partners Fred Mendes - Bank of America Phani Kanumuri - HSBC Carlos de Legarreta - ITAU Chelsea Colon ...