| Type | Public |
|---|---|
| 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 | US$ 49.282 billion (2010)[1] |
| Operating income | US$ 12.349 billion (2010)[1] |
| Net income | US$ 8.018 billion (2010)[1] |
| Total assets | US$ 71.079 billion (2010)[1] |
| Total equity | US$ 24.943 billion (2010)[1] |
| Employees | 150,618 (2011) |
| Subsidiaries | Telmex, Claro, Telcel, TracFone Wireless |
| Website | Americamovil.com |
América Móvil is a Mexican telecommunication company headquartered in Mexico City, Mexico. It is the fourth 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]
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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.
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]
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.
America 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]
As of January 2010, (except Mexico Telcel)[6]
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