América Móvil, S.A.B. de C.V. (AMXVF) Stock Analysis
DELISTED 2023
What happened to América Móvil, S.A.B. de C.V. (AMXVF) stock?
América Móvil, S.A.B. de C.V. (AMXVF) no longer trades on public markets. It was delisted in March 2023. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
América Móvil, S.A.B. de C.V. (AMXVF) trades at $1.05. América Móvil, S. A. B. Market cap: $73.6B, Sector: Communication services.
Last analyzed: Jun 14, 2026Analyst Coverage for AMXVF: AMXVF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates AMXVF against Communication Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
América Móvil, S.A.B. de C.V. (AMXVF) Media & Communications Profile
América Móvil, S.A.B. de C.V. is a prominent telecommunications services provider operating across Latin America and globally. The company delivers a comprehensive suite of wireless and fixed-line voice, data, and entertainment solutions, including broadband and pay TV, serving a vast subscriber base with extensive network infrastructure.
What Is the Investment Thesis for AMXVF?
América Móvil, S.A.B. de C.V. presents a significant position within the Latin American telecommunications sector, characterized by its extensive network infrastructure and diversified service portfolio. With a market capitalization of $73.6B and a P/E ratio of 15.45, the company demonstrates established profitability with a 9.2% profit margin and a strong gross margin of 57.6%. A key value driver is its vast subscriber base, which stood at approximately 286.5 million wireless voice and data subscribers as of December 31, 2021, providing a stable recurring revenue stream. Growth catalysts include the ongoing digital transformation across Latin America, driving increased demand for high-speed data, broadband, and value-added services like content streaming and M2M solutions. The company's strategic focus on expanding its IT solutions for businesses also positions it to capitalize on enterprise digital adoption. However, potential risks include exposure to currency fluctuations and political instability inherent in operating across numerous emerging markets. Regulatory changes within the Latin American telecommunications landscape and intense competitive pressures also represent ongoing considerations for the company's operational environment and profitability. The dividend yield of 2.18% indicates a return to shareholders.
Based on FMP financials and quantitative analysis
AMXVF Key Highlights
Market Capitalization: $73.58 billion, reflecting its substantial presence as a leading telecommunications provider.
- Profit Margin: 9.2%, indicating operational efficiency in a competitive industry.
- Gross Margin: 57.6%, demonstrating strong control over direct costs of services.
- Wireless Subscribers: Approximately 286.5 million as of December 31, 2021, underscoring its extensive customer reach across Latin America.
- Dividend Yield: 2.18%, providing income for shareholders.
Who Are AMXVF's Competitors?
AMXVF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AVIKF Advanced Info Service Public Company Limited | $12.00 | +0.00% | $35.7B | 52 |
| CTOWY China Tower Corporation Limited | $14.93 | +0.00% | $28.0B | 53 |
| SJRWF Shaw Communications Inc. | $30.01 | +0.27% | $14.7B | — |
| BCEFF BCE Inc. | $15.40 | +0.00% | $14.4B | 56 |
| SHNUF Intouch Holdings Public Company Limited | $1.20 | +0.00% | $7.78B | — |
| AMXOF América Móvil, S.A.B. de C.V. | $1.18 | +0.00% | $70.8B | 54 |
| AMX América Móvil | $23.55 | +0.02% | $70.7B | 57 |
| CMCSA Comcast Corporation | $26.39 | -0.75% | $93.7B | 77 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are AMXVF's Key Strengths?
Extensive and diversified telecommunications network infrastructure across Latin America.
- Large subscriber base of approximately 286.5 million wireless users as of December 2021.
- Comprehensive service portfolio including voice, data, broadband, pay TV, and IT solutions.
- Strong profitability metrics with a 9.2% profit margin and 57.6% gross margin.
What Are AMXVF's Weaknesses?
Exposure to currency fluctuations across multiple operating countries.
- Reliance on emerging markets, which can entail political and economic instability.
- Significant capital expenditure requirements for network upgrades and expansion.
- Potential for regulatory intervention and increased scrutiny in various markets.
What Could Drive AMXVF Stock Higher?
AMXVF catalyst: Continued expansion of 5G network coverage and services across Latin American markets, driving increased data usage and ARPU.
- Strategic investments in fiber-to-the-home (FTTH) infrastructure to capture growing demand for high-speed residential broadband.
- Potential for new regulatory frameworks in key operating countries that could impact market competition or spectrum allocation.
- Diversification into enterprise IT solutions and cloud services, capitalizing on digital transformation trends among businesses.
- Introduction of new value-added mobile services, such as enhanced mobile payment platforms and IoT applications, to existing subscriber base.
What Are the Key Risks for AMXVF?
Exposure to currency fluctuations across its diverse operating geographies, impacting reported earnings when translated to USD.
- Intense competitive pressures from other regional and international telecommunications providers, potentially leading to price wars and margin erosion.
- Regulatory changes and interventions in Latin American markets, which could impose new fees, restrict market share, or mandate infrastructure sharing.
- Political and economic instability in certain emerging markets where the company operates, affecting consumer spending and business investment.
- High capital expenditure requirements for maintaining and upgrading network infrastructure, including the ongoing rollout of 5G technology.
What Are the Growth Opportunities for AMXVF?
- Expansion of High-Speed Broadband and Fiber-Optic Networks: The demand for high-speed internet connectivity continues to surge across Latin America, driven by remote work, online education, and digital entertainment. América Móvil's ongoing investment in expanding its fiber-optic infrastructure and residential broadband services positions it to capture a larger share of this market. This involves upgrading existing networks and deploying new infrastructure in underserved areas, enhancing service quality and capacity. The market for fixed broadband services in Latin America is projected to grow steadily over the next five years, with increasing penetration rates offering substantial revenue potential.
- Growth in Enterprise IT Solutions and Cloud Services: As businesses across Latin America undergo digital transformation, the demand for sophisticated IT solutions, data centers, and cloud services is escalating. América Móvil's offerings in IT solutions for small businesses and large corporations, including data administration and hosting services, represent a significant growth avenue. By providing integrated connectivity and IT infrastructure, the company can become a crucial partner for enterprises seeking to optimize operations and enhance digital capabilities. This market segment is expected to see robust growth, driven by cloud adoption and cybersecurity needs, offering long-term revenue diversification.
- Increased Penetration of Value-Added Mobile Services: The mobile market in Latin America, while mature in terms of basic connectivity, still offers substantial growth in value-added services. América Móvil's portfolio, including mobile payment solutions, machine-to-machine (M2M) services, mobile banking, and content streaming, caters to evolving consumer needs. Expanding the adoption and usage of these services among its vast subscriber base can drive higher average revenue per user (ARPU). The M2M and IoT market, in particular, is an emerging opportunity with significant potential for industrial and smart city applications over the next decade.
- Development of 5G Network Capabilities: The rollout and commercialization of 5G networks across its operating regions present a major growth opportunity. 5G technology promises significantly faster speeds, lower latency, and greater capacity, enabling new applications and services that are currently not feasible. América Móvil's strategic investments in 5G infrastructure will allow it to offer premium connectivity, attract new high-value subscribers, and support advanced enterprise solutions. The transition to 5G is a multi-year process, with substantial revenue generation expected as adoption increases and new use cases emerge over the next 3-7 years.
- Content and Media Distribution via Internet: The shift towards over-the-top (OTT) content consumption continues globally. América Móvil's provision of video, audio, and other media content through the Internet directly from content providers to end-users positions it to capitalize on this trend. By enhancing its content offerings and potentially forming strategic partnerships, the company can strengthen its position as a comprehensive digital entertainment provider. This area offers opportunities for subscription growth and advertising revenue, particularly as streaming services become more integrated into telecommunications bundles over the medium term.
What Threats Does AMXVF Face?
- Intense competition from local and international telecommunications providers.
- Evolving regulatory frameworks and potential for increased taxes or fees.
- Technological obsolescence and the need for continuous investment in new technologies.
- Economic downturns or political instability in key operating markets impacting consumer spending.
What Are AMXVF's Competitive Advantages?
- Extensive network infrastructure across Latin America, creating high barriers to entry for new competitors.
- Vast subscriber base (286.5 million wireless as of Dec 2021) providing significant scale and market power.
- Diversified service portfolio catering to both consumer and enterprise segments, reducing reliance on a single revenue stream.
- Strong brand recognition (Telcel, Telmex Infinitum, A1) and established distribution channels.
- Economies of scale in procurement, operations, and technology investments due to its large size.
What Does AMXVF Do?
Incorporated in 2000 and headquartered in Mexico City, Mexico, América Móvil, S.A.B. de C.V. has evolved into a leading telecommunications services provider with a significant presence across Latin America and internationally. The company's extensive portfolio encompasses a broad spectrum of services designed for both residential and corporate clients. Core offerings include wireless and fixed voice services, such as local, domestic, and international long-distance communication, alongside critical network interconnection services. Beyond traditional voice, América Móvil is a substantial provider of data services, managing data centers, offering data administration, and hosting services. Its value-added services are diverse, ranging from Internet access, messaging, and various wireless entertainment options to advanced corporate services. These include data transmission, email, instant messaging, content streaming, and interactive applications. The company also addresses modern connectivity needs with wireless security services, mobile payment solutions, machine-to-machine (M2M) services, mobile banking, virtual private network (VPN) services, and video calls, alongside personal communications services. In the residential sector, América Móvil provides robust broadband services and a variety of cable and satellite pay television subscriptions, catering to the growing demand for home entertainment and connectivity. For businesses, it delivers comprehensive IT solutions tailored for both small enterprises and large corporations. The company's commercial activities extend to the sale of equipment, accessories, and computers, complementing its service offerings. Furthermore, América Móvil engages in specialized services such as telephone directories, call center operations, advertising, media content provision, and software development. A key aspect of its strategy involves delivering video, audio, and other media content directly from providers to end-users via the Internet. The company markets its products and services under well-recognized brands like Telcel, Telmex Infinitum, and A1, utilizing a broad network of retailers and service centers for retail customers, and a dedicated sales force for corporate clients. As of December 31, 2021, América Móvil reported an impressive subscriber base of approximately 286.5 million wireless voice and data subscribers, underscoring its significant market penetration and operational scale.
What Products and Services Does AMXVF Offer?
- Provides wireless voice and data services, including local, domestic, and international long-distance.
- Offers fixed voice services and network interconnection.
- Delivers data services like data centers, administration, and hosting for residential and corporate clients.
- Supplies value-added services such as internet access, messaging, content streaming, and mobile payment solutions.
- Provides residential broadband services and cable/satellite pay television subscriptions.
- Offers IT solutions for small businesses and large corporations.
- Sells telecommunications equipment, accessories, and computers.
- Provides specialized services including telephone directories, call centers, and software development.
How Does AMXVF Make Money?
- Generates revenue from monthly subscriptions and usage fees for wireless and fixed voice services.
- Earns income from data services, including internet access, data center hosting, and value-added mobile services.
- Collects fees from residential broadband and pay television subscriptions.
- Derives revenue from selling telecommunications equipment, accessories, and IT solutions to consumers and businesses.
- Monetizes specialized services such as advertising, media content distribution, and software development.
What Industry Does AMXVF Operate In?
América Móvil operates within the dynamic and essential Telecommunications Services industry, a sub-sector of Communication Services. This industry is characterized by continuous technological advancements, increasing demand for data, and intense competition. The company is positioned as a dominant player in Latin America, leveraging its extensive network infrastructure to offer a comprehensive suite of services, from traditional voice and data to advanced IT solutions and pay television. Key market trends include the accelerating adoption of 5G technology, the proliferation of IoT devices driving M2M services, and the growing demand for content streaming and digital services. The competitive landscape is shaped by both regional and international telecommunications giants, with continuous pressure on pricing and service innovation. América Móvil's scale and diversified offerings allow it to compete effectively, but it must navigate evolving regulatory environments and infrastructure investment demands across its diverse operational geographies.
Who Are AMXVF's Key Customers?
- Residential customers seeking wireless voice, data, internet, and pay TV services.
- Small businesses requiring IT solutions, connectivity, and communication services.
- Large corporations needing extensive data centers, network solutions, and advanced IT support.
- Content providers utilizing their network for media distribution.
- Other telecommunication carriers requiring network interconnection services.
Company Profile
América Móvil, S.A.B. de C.V. operates in the Telecommunications Services industry within the Communication Services sector. It is headquartered in Mexico City, MX. The company is led by CEO Daniel Hajj Aboumrad. AMXVF has traded publicly since 2010.
AMXVF Valuation & Market Position
With a $73.6B market cap, América Móvil, S.A.B. de C.V. sits in the large-cap segment of the market.
Key Financial Metrics
Return on equity for América Móvil, S.A.B. de C.V. stands at 20.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 4.7%, showing how much profit it generates from its asset base. AMXVF trades at a trailing price-to-earnings ratio of 15.45, below the Communication Services sector average of ~18x. Its free cash flow yield is 12.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.72 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 6.5%, the inverse of the P/E and a quick read on earnings relative to price.
AMXVF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Extensive and diversified telecommunications network infrastructure across Latin America.
- Large subscriber base of approximately 286.5 million wireless users as of December 2021.
- Comprehensive service portfolio including voice, data, broadband, pay TV, and IT solutions.
- Strong profitability metrics with a 9.2% profit margin and 57.6% gross margin.
Bear Case
- Exposure to currency fluctuations across multiple operating countries.
- Reliance on emerging markets, which can entail political and economic instability.
- Significant capital expenditure requirements for network upgrades and expansion.
- Potential for regulatory intervention and increased scrutiny in various markets.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
AMXVF Latest News
No recent news available for AMXVF.
Leadership: Daniel Hajj Aboumrad
Chief Executive Officer
Daniel Hajj Aboumrad serves as the Chief Executive Officer of América Móvil, S.A.B. de C.V., overseeing its vast operations and a workforce of 178,399 employees across Latin America and internationally. His career has been deeply rooted within the telecommunications sector, particularly within the América Móvil group. Prior to his current role, he held various leadership positions, gaining extensive experience in managing large-scale telecommunications infrastructure, market expansion strategies, and service development. His long tenure within the company demonstrates a profound understanding of its operational complexities, market dynamics, and strategic imperatives in a rapidly evolving industry.
Track Record: Under Daniel Hajj Aboumrad's leadership, América Móvil has solidified its position as a dominant force in Latin American telecommunications, significantly expanding its subscriber base to approximately 286.5 million wireless users by December 2021. He has overseen the diversification of the company's service offerings, including the growth of data, broadband, and IT solutions, while navigating competitive pressures and regulatory changes across multiple markets. His strategic decisions have contributed to the company's consistent profitability and extensive network build-out.
AMXVF OTC Market Information
América Móvil, S.A.B. de C.V. trades on the OTC market under the "OTC Other" tier. This classification signifies that the company does not meet the listing requirements for major exchanges like the NYSE or NASDAQ, nor does it qualify for the higher OTCQX or OTCQB tiers. The "OTC Other" tier, sometimes referred to as the Pink Market, is the lowest tier for OTC-traded securities. Companies in this tier are not required to meet minimum financial standards or file regular reports with the SEC, which can result in less transparency compared to exchange-listed or higher-tier OTC stocks.
- OTC Tier: OTC Other
- Limited Public Information: "OTC Other" tier companies have minimal or no SEC reporting requirements, leading to less available financial and operational data for investors.
- Lower Liquidity: Trading volumes can be significantly lower than exchange-listed stocks, resulting in wider bid-ask spreads and difficulty in buying or selling shares quickly at desired prices.
- Price Volatility: Reduced transparency and lower liquidity can contribute to higher price volatility, making the stock more susceptible to large price swings.
- Fraud Risk: The lack of stringent reporting requirements can expose investors to a higher risk of fraud or manipulation, though this is not specific to AMXVF.
- Difficulty in Valuation: Limited financial disclosures can make it challenging for investors to accurately assess the company's intrinsic value and financial health.
- Verify the company's primary listing and its financial reporting requirements in its home country.
- Examine available financial statements directly from the company's investor relations website.
- Research any news or press releases issued by the company or its primary listing.
- Assess the company's business fundamentals, competitive landscape, and growth prospects independently.
- Understand the specific risks associated with investing in foreign companies and OTC markets.
- Consult with a financial advisor experienced in international and OTC investments.
- América Móvil is a large, established company with a significant market capitalization ($73.58B) and a substantial employee base (178,399).
- It has a known CEO, Daniel Hajj Aboumrad, indicating clear leadership and corporate structure.
- The company operates under well-known brands (Telcel, Telmex Infinitum, A1) across multiple countries.
- The company provides detailed business descriptions and subscriber numbers (286.5 million wireless subscribers as of Dec 2021), suggesting operational transparency.
- Its significant market presence implies a primary listing on a recognized international exchange, despite its OTC trading in the US.
AMXVF Communication Services Stock FAQ
What happened to América Móvil, S.A.B. de C.V. (AMXVF) stock?
América Móvil, S.A.B. de C.V. (AMXVF) no longer trades on public markets. It was delisted in March 2023. The figures below are historical and are not a current quote.
Can I still buy AMXVF shares?
No. AMXVF stopped trading on public markets in March 2023, so the shares are not available through a broker. Anything you see quoted for AMXVF elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before AMXVF stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to América Móvil, S.A.B. de C.V.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does América Móvil, S.A.B. de C.V. do?
América Móvil, S.A.B. de C.V. is a comprehensive telecommunications services provider primarily operating across Latin America and internationally. The company delivers a wide array of services including wireless and fixed voice communication, high-speed data services, and network interconnection. Its offerings extend to residential broadband, cable and satellite pay television, and advanced IT solutions for businesses, encompassing data centers and hosting.
How does América Móvil, S.A.B. de C.V. compare to competitors in its industry?
América Móvil operates in a highly competitive global telecommunications landscape, facing rivals such as Advanced Info Service Public Company Limited (AVIKF), China Tower Corporation Limited (CTOWY), Shaw Communications Inc. (SJRWF), BCE Inc. (BCEFF), and Intouch Holdings Public Company Limited (SHNUF).
What are the key financial metrics investors watch for AMXVF?
Investors monitoring América Móvil, S.A.B. de C.V. typically focus on several key financial metrics to assess its performance and valuation. The company's market capitalization, currently $73.58 billion, provides an indication of its overall size and market value.
What are the main risks for AMXVF?
América Móvil faces several significant risks inherent to its operations in the telecommunications sector, particularly across diverse emerging markets. Ongoing exposure to currency fluctuations across its Latin American operating countries can materially impact reported financial results when translated into its reporting currency.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- All information is derived directly from the provided source data as of the specified dates. No external information or speculation was used.