América Móvil, S.A.B. de C.V. is a prominent telecommunications corporation based in Mexico City, recognized as the seventh largest mobile network operator globally by equity subscribers. With a robust subscriber base of over 310 million wireless users and nearly 74 million fixed revenue-generating units, the company stands as a significant player in the telecommunications sector and is included in the Forbes Global 2000 list. América Móvil is committed to enhancing the quality of service and technological innovation, consistently prioritizing investments in infrastructure to meet evolving consumer demands. The company has modernized its operations to be at the forefront of the 5G rollout, emphasizing its role as a pioneer in adopting new technologies across its operational footprint.
In addition to its expansive service offerings, América Móvil is dedicated to sustainability, aiming to connect and empower people worldwide while maintaining high standards of corporate governance and integrity. Recent developments include the filing of its 2025 Form 20-F annual report with U.S. and Mexican regulators, reflecting its commitment to transparency and regulatory compliance. The company continues to navigate the competitive landscape effectively, with recent earnings reports indicating revenue performance that exceeds expectations, although it faced challenges in meeting EPS forecasts. This combination of strong operational performance, commitment to innovation, and focus on sustainability positions América Móvil as a compelling investment opportunity in the telecommunications sector.
Sources: encyclopedia overview, company website, news coverage.
Leadership & Board
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Carlos Slim Domit
— Chairman of the Board
Eldest son of Carlos Slim Helú and chairman of the board of América Móvil; he also chairs Telmex, Grupo Carso and Grupo Sanborns. He has overseen operational expansion of the family's telecom businesses. He holds a business administration degree from Universidad Anáhuac México.
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Patrick Slim Domit
— Vice-Chairman of the Board
Vice-chairman (co-chairman) of América Móvil's board and vice chairman of its executive committee, and CEO of Grupo Sanborns. A son of Carlos Slim Helú, he also sits on the boards of Inmuebles Carso and Telmex. He holds a business administration degree from Universidad Anáhuac México.
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Daniel Hajj Aboumrad
— Chief Executive Officer
CEO and a director of América Móvil since the company's 2000 spin-off from Telmex, having become CEO of Telcel in 1997. Under his leadership América Móvil grew into Latin America's largest telecom operator across more than 18 countries. He holds a business administration degree from Universidad Anáhuac México.
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Carlos Slim Helú
— Founder & controlling shareholder (via Grupo Carso)
Mexican business magnate who founded the holding company Grupo Carso (1980) and built América Móvil, which pioneered prepaid mobile service in 1996 and became Latin America's leading telecom provider. He remains the controlling shareholder of both América Móvil and Grupo Carso, and began assembling his business empire in the 1960s.
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Marco Antonio Slim Domit
— Chairman, Grupo Financiero Inbursa (Slim family)
A son of Carlos Slim Helú, he has chaired Grupo Financiero Inbursa since 1998, leading the family's financial-services arm. He holds a business administration degree from Universidad Anáhuac México.
América Móvil's shares are currently trading steadily on the NYSE, with its valuation drawing renewed attention from investors. Additionally, all cell phone users in Mexico are required to register by June 30, 2026, which may impact the company's operations in its home market. No other notable recent news was found regarding the company.
