Recent Updates — AMX

A subsidiary of America Movil closed the acquisition of a 72.83% controlling interest in Desktop, S.A., a Brazilian telecommunications company. The transaction marks a significant expansion of the group's presence in the Brazilian market through its Claro brand. America Movil operates as one of the largest wireless telecommunications companies in Latin America.

América Móvil announced its second quarter 2026 financial results, reporting revenue of 241 billion Mexican pesos, up 3.1% year-on-year. Net income rose 9.2% to 24.3 billion pesos, while EBITDA increased 3.8% to 96 billion pesos. The company added 3.5 million postpaid subscribers and 531 thousand broadband accesses. Additionally, América Móvil announced an agreement to acquire 100% of WOW Peru from Liberty Latin America and Narvik Capital Partners, subject to regulatory approval. The company operates in the telecommunications industry, providing wireless and fixed-line services across the Americas and Europe.