América Móvil

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América Móvil, S.A.B. de C.V
Type Sociedad Anónima Bursátil de Capital Variable
Traded as BMV: AMX
NYSE: AMX
NASDAQ: AMOV
BMAD: AMXL
Industry Telecommunications
Founded 2000
Headquarters Mexico City, Mexico
Area served South America/North America
Key people Patrick Slim, (Chairman)
Daniel Hajj Aboumrad, (CEO)
Products Fixed-line and mobile telephony, broadband and fixed-line internet services, digital television, IT and network services
Revenue decrease US$ 47.5 billion (2011)[1]
Net income decrease US$ 6.5 billion (2011)[1]
Employees 150,618
Subsidiaries Telmex, Claro, Telcel, TracFone Wireless
Website www.americamovil.com

América Móvil (BMV: AMX / NYSE: AMX / NASDAQ: AMOV / BMAD: AMXL) is a Mexican telecommunication company headquartered in Mexico City, Mexico. It is the third largest mobile network operator in terms of equity subscribers, one of the largest corporations in Latin America, and the world. America Movil is a Fortune 500 company. A venture of Carlos Slim, América Móvil provides services to over 215 million wireless subscribers in the Americas, primarily in Latin America and the Caribbean.[2]

Contents

[edit] Company information

The company's world headquarters are located in Mexico City, Mexico. Its Mexican subsidiary Telcel is the largest mobile operator in Mexico, commanding a market share in excess of 70 percent. In the United States, it operates under the trademarks TracFone, Net10, and Straight Talk, and is the leading national pre-paid wireless service. It operates in many countries in the Caribbean and Latin America such as Jamaica, the Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, Peru, Argentina, Uruguay, Chile, Paraguay, Puerto Rico; Comcel Colombia in Colombia; and Porta in Ecuador. In Brazil it operates the trademark Claro.

América Móvil acquired 100 percent of Jamaican mobile operator Oceanic Digital, under the brand name MiPhone in August 2007.[3] On November 15, 2005, the company signed an international pact with Vodafone to jointly deliver various international services.[citation needed]

As of December 2010, the company has 265 million suscribers, making it one of the top 4 telcos in the world and has 290,000 kilometres of fiber optics, making it the largest in infrastructure.[4]

[edit] Telmex acquisition

In January 2010 America Movil, the largest mobile Telecom in Latin America, made an offer to buy Telmex and Telmex International in order to better compete against Spain's Telefonica. The acquisition was approved by the CFC (Comisión Federal de Competencia) Antitrust Office in Mexico on February 11, 2010.

Spanish Movil was once the mobile arm of Telmex, but since 2001 America Movil was split off and grew bigger than the former parent company.[5]

[edit] América Móvil global wireless customers

As of January 2010:[6]

  • Global Wireless Customers 211,296,669

[edit] América Móvil in the World

América Móvil in the World

[edit] América Móvil Wireless Technology by Country

[edit] South America

[edit] Caribbean

[edit] Central America

[edit] North America

[edit] See also

Portal icon Mexico portal
Portal icon Companies portal


[edit] External links

[edit] References

  1. ^ a b [1]
  2. ^ WSJ.com
  3. ^ AMX buys Jamaican operator Oceanic Digital
  4. ^ Buzz in the air as AMX comes of age
  5. ^ WSJ.com
  6. ^ "2009.pdf (application/pdf Object)". americamovil.com. http://www.americamovil.com/amx/en/cm/reports/Y/2009.pdf. Retrieved 26 January 2011. 
América Móvil Group
Claro-branded
Argentina  · Brazil  · Chile  · Dominican Republic  · Ecuador  · El Salvador  · Guatemala  · Honduras  · Jamaica  · Nicaragua  · Panama  · Paraguay  · Peru  · Puerto Rico  · Uruguay
Telmex-branded
Colombia  · Mexico  · Uruguay  · USA
Other AMX Group brands
Retrieved from "http://en.wikipedia.org/w/index.php?title=Am%C3%A9rica_M%C3%B3vil&oldid=477807905"
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