America Movil, in its earnings report, revealed that it surpassed 400 million customers — 323 million mobile phone subscribers and 78 million fixed-line RGUs — at the end of 2024.
America Movil has added 2.1 million postpaid clients, mainly in Brazil, Colombia and Mexico.
America Movil registered disconnections of 1.3 million in the prepaid segment following a clean-up of 1 million prepaid subs in Brazil.
America Movil connected 320 thousand new broadband accesses, including 132 thousand in Mexico, 75 thousand in Brazil and 45 thousand in Argentina, to finish the year with 35 million broadband accesses, (+4.7 percent).
America Movil’s fourth-quarter revenue rose 18 percent to 236.9 billion pesos, with service revenue climbing 19.1 percent and EBITDA 16.4 percent, to 91.1 billion pesos. In 2024, America Movil had capital expenditure (Capex) of MXN31 billion.
