America Movil, which has a strong presence in the telecom markets in the Latin America, has revealed its achievements during the second-quarter of 2024.
America Movil has 313.995 million mobile phone customers on its telecom network.
Argentina, Paraguay and Uruguay – 28.531 million
Austria – 10.887 million
Brazil – 88.328 million
Central America – 16.786 million
The Caribbean – 7.743 million
Colombia – 40.187 million
Eastern Europe – 15.062 million
Ecuador – 9.61 million
Mexico – 84.199 million
Peru – 12.662 million
America Movil has 32.897 million broadband customers.
Argentina, Paraguay and Uruguay – 1.587 million
Austria – 1.268 million
Brazil – 10.145 million
Central America – 1.603 million
The Caribbean – 1.073 million
Colombia – 3.406 million
Eastern Europe – 1.493 million
Ecuador – 333,000
Mexico – 10.962 million
Peru – 1.027 million
Capex
America Movil has incurred 56.2 billion pesos in capital expenditures (Capex) during the six months to June, 2024.
5G subscribers
America Movil has revealed that Telcel Mexico has 12.8 million 5G subscribers and Claro Brazil has 10 million 5G customers at the end of June 2024.
Claro Colombia launched 5G network in the first quarter of the year. Claro Colombia also conducted a major overhaul of its 4G network that contributed to revenue growth.
America Movil added 2.4 million subscribers in the second quarter including 1.8 million postpaid connections, with Brazil contributing 907 thousand, Colombia 183 thousand and Mexico 99 thousand.
America Movil’s prepaid business added 599 thousand customers, with Colombia gaining 261 thousand subscribers, followed by Argentina with 191 thousand.
America Movil has added 376 thousand broadband accesses, including 148 thousand in Mexico and approximately 63 thousand each in Argentina and Brazil. Voice lines and PayTV units registered losses in the period, and were down 63 thousand and 56 thousand, respectively.
America Movil’s second-quarter revenue rose 1.5 percent to 206 billion pesos.
America Movil’s mobile service revenue growth accelerated to 5.1 percent from 4.9 percent the prior quarter on the back of stronger postpaid revenue growth of 6.2 percent.
Baburajan Kizhakedath
