America Movil SAB de CV (OTCPK:AMXOF)
$ 1.24 (0%) Market Cap: 76.11 Bil Enterprise Value: 111.65 Bil PE Ratio: 14.79 PB Ratio: 3.02 GF Score: 72/100

Q2 2026 America Movil SAB de CV Earnings Call Transcript

Jul 22, 2026 / 03:00PM GMT
Release Date Price: $1.24

Key Points

Positve
  • America Movil SAB de CV (AMX) added 3.5 million postpaid subscribers in the second quarter, with significant contributions from Colombia, Peru, Argentina, and Mexico.
  • The company connected 531,000 new broadband accesses, with Mexico, Brazil, and Colombia being major contributors.
  • Second quarter revenue increased by 3.1% year-on-year in Mexican peso terms, reaching MXN241 billion.
  • Operating profit rose by 9.5% in Mexican peso terms, totaling MXN51.8 billion.
  • Net income increased by 9.2% from the previous year, amounting to MXN24 billion.
Negative
  • The prepaid segment experienced a net loss of 3.7 million subscribers, primarily due to base clean-up in Colombia and Argentina.
  • The company faced a regulatory fine of MXN1.3 billion related to alleged violations of asymmetric measures dating back to 2017.
  • There is increased competition and promotional activity in Brazil, particularly in the prepaid and postpaid segments.
  • The company noted a slowdown in the Brazilian economy, which could impact revenue growth.
  • Capital expenditures amounted to MXN48 billion, which, along with other financial obligations, impacted cash flow.
Operator

Good morning. My name is Caleb, and I will be your conference operator today. At this time, I would like to welcome everyone to the America Movil second-quarter 2026 conference call and webcast. (Operator Instructions)

I will now turn the call over to Ms. Daniela Lecuona, Head of Investor Relations.

Daniela Lecuona
America Movil SAB de CV - Head of Investor Relations

Hi. Good morning, everyone. Thank you for joining us today to discuss our second-quarter 2026 financial and operating results. We have on the line Mr. Daniel Hajj, CEO; Mr. Carlos Jose Moreno, CFO; and Mr. Oscar Von Hauske, COO.

Daniel Hajj Aboumrad
America Movil SAB de CV - Chief Executive Officer, Director

Thank you, Daniela. Welcome, everyone, to America Movil's second quarter of 2026 financial and operating report. And Carlos is going to give us a summary of the results.

Carlos Jose Garcia Moreno Elizondo
America Movil SAB de CV - Chief Financial Officer

Thank you, Daniel. Good morning,

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