America Movil SAB de CV
Telecommunications Services
Company Summary
America Movil SAB de CV is a leading Telecommunication Services company operating in Mexico and serving over 285 million wireless customers in Latin America. With a Risk Rating Score of 22.3, the company is classified as having a medium risk. America Movil offers fixed-line phone, internet access, and television services in multiple countries, with Mexico being its largest market accounting for 35% of service revenue. The company holds a dominant position in the Mexican wireless market with over 60% customer share and is a major player in the fixed-line internet access sector. Brazil is its second most important market, contributing about 20% of service revenue. In 2021, America Movil divested its low-margin wireless resale business in the U.S. to Verizon, retaining a 1.4% stake in the U.S. telecom giant. Additionally, the company holds significant stakes in Telekom Austria (58%) and Dutch carrier KPN (15%). With a strong presence in the ESG sector, America Movil is committed to promoting environmental sustainability and good governance practices.
ESG Rating Overview
Sustainalytics
LSEG