América Móvil – Company Information

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América Móvil is a leading multinational wireless communications services provider, based in Mexico City, Mexico.

Its main business focuses are mobile and landline telephony services, broadband access, and cable and satellite television services.

The company is the largest mobile network operator in Latin America and the fourth largest in the world in terms of equity subscribers, with a total of approximately 246 million subscribers across 18 countries.

It has more than 31 million fixed lines, 19 million fixed broadband accesses, around 19 million television subscribers, and coverage for a combined population of 852 million.

The company operates in Mexico under its subsidiaries Telmex and Telcel – the largest mobile operator in Mexico.

It operates in other Latin American countries under its Claro subsidiaries.

América Móvil also has a presence in the US through its subsidiary TracFone Wireless, which operates the brands TracFone, Straight Talk, NET10 Wireless, Telcel América, and SIMPLE Mobile.

The company is publicly listed on the Mexican Stock Exchange and the New York Stock Exchange, under the stock ticker symbol ‘AMX’.

Overview

America Movil logo


América Móvil Financial Results, Years Ended December 31

Operating data (in $ millions) 2014 2013
Net revenue $57,635 $60,115
Operating costs and expenses $46,997 $48,320
Operating income $10,638 $11,795
Profit before income tax $5,926 $8,056
Net profit for the year $3,227 $5,734
Total comprehensive income for the year $2,318 $3,435
Balance sheet data (in $ millions)
Total assets $86,856 $78,430
Total liabilities $70,913 $62,348
Total equity $15,943 $16,082
Common share data (in $)
Basic earnings (loss) per common share $0.05 $0.0776
Diluted earnings (loss) per common share $0.05 $0.0776
Cash flow data (in $ millions)
Net cash provided by operating activities $16,346 $14,361
Net cash used in investing activities $(10,029) $(10,270)
Net cash used in financing activities $(5,079) $(3,566)
Cash and cash equivalents at beginning of period $3,272 $3,478
Cash and cash equivalents at end of period $4,516 $3,683

Source: “América Móvil Form 20-F 2014”


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