AMERICA MOVIL SAB DE CV/ Business Summary

América Móvil, S.A.B. de C.V. (AMX) operates as a global telecommunications leader, generating the majority of its revenue through recurring monthly subscriptions for wireless voice and data, fixed-line broadband, and Pay TV services, supplemented by high-volume mobile equipment sales. As of early 2026, the company manages a massive footprint across 23 countries, organized into key geographic segments including Mexico (its largest market via Telcel and Telmex), Brazil (Claro), Colombia, the Southern Cone, and Central Europe through its majority stake in A1 Telekom Austria Group. The firm leverages its extensive fiber-optic and 5G network infrastructure to drive growth in high-margin postpaid and corporate segments, ending 2025 with over 330 million wireless subscribers and 79 million fixed-line units. Its primary direct competitors include Telefónica (Movistar), AT&T, and Millicom (Tigo); América Móvil maintains its position as the dominant telecommunications provider in Latin America and the seventh-largest mobile network operator globally by equity subscribers. Founded in 2000 as a spin-off from Teléfonos de México (Telmex) by billionaire Carlos Slim Helú, the company remains under the strategic control of the Slim family through Grupo Carso. The current leadership team is anchored by long-tenured executives, including Chief Executive Officer Daniel Hajj Aboumrad, who has led the company since its inception, and Chief Financial Officer Carlos José García Moreno Elizondo, who has managed the firm’s capital structure since 2001. Technical operations are overseen by Chief Technology Officer Óscar von Hauske Solís, a veteran of the Slim business empire. The Board of Directors is chaired by Carlos Slim Domit, with Patrick Slim Domit serving as Vice Chairman, ensuring continuity of the founding family’s vision. Notable board members include Vanessa Hajj Slim and independent directors such as Luis Alejandro Soberón Kuri, reflecting a mix of family oversight and institutional governance that has stabilized the company’s aggressive regional M&A strategy.