America Movil SA De C.V - ADR
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About America Movil SA De C.V - ADR
America Movil is the largest telecom carrier in Latin America, serving about 300 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm’s largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with about 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the US to Verizon in 2021 and now owns a 1.4% stake in the US telecom giant. The firm also holds a 61% stake in Telekom Austria.
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Frequently asked questions
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The ticker symbol for America Movil SA De C.V - ADR is AMX:xnys. You can use this code to quickly find the stock in Saxo’s platforms and track its price and performance.
America Movil SA De C.V - ADR has its primary listing on New York Stock Exchange. You can trade America Movil SA De C.V - ADR with a Saxo account, alongside thousands of other stocks worldwide.
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