América Móvil, S.A.B. de C.V. (AMX)
After hours:
| Previous close | 17.75 |
| Open | 17.58 |
| Bid | 0.00 x 1800 |
| Ask | 0.00 x 1400 |
| Day's range | 17.53 - 18.33 |
| 52-week range | 16.00 - 23.07 |
| Volume | |
| Avg. volume | 1,399,501 |
| Market cap | 57.428B |
| Beta (5Y monthly) | 0.28 |
| PE ratio (TTM) | 12.77 |
| EPS (TTM) | 1.43 |
| Earnings date | N/A |
| Forward dividend & yield | 0.53 (3.00%) |
| Ex-dividend date | 09 Nov 2023 |
| 1y target est | 22.15 |
- Reuters
UPDATE 1-Mexico's Slim eyes $7.7 billion investment in Brazil in coming years
Mexican magnate Carlos Slim is considering investing more than 40 billion reais ($7.70 billion) in Brazil in the coming years, he said on Friday, after meeting with President Luiz Inacio Lula da Silva in Brasilia. Slim, whose family controls telecommunications giant America Movil, said the investments would be made in Brazil's 5G and fiber-optic networks. America Movil-owned Claro is a huge player in the South American country's telecom sector.
- Reuters
UPDATE 1-America Movil says 5G in focus as $7 bln capex plan on track
Mexican telecommunications giant America Movil said it is investing in 5G across its markets as it remains on track to implement its $7.1 billion capital expenditure plan set for this year. The company had in February warned of reduced spending following years of significant output on buying spectrum and refreshing its network infrastructure. This comes a day after America Movil showed first quarter net profit down 55% year on year, weighed by a stronger peso and lack of extraordinary income from selling cell phone towers, as it had done in the same quarter a year earlier.
ReutersAmerica Movil says 5G in focus as $7 billion capex plan on track
MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil said it is investing in 5G across its markets as it remains on track to implement its $7.1 billion capital expenditure plan set for this year. The company had in February warned of reduced spending following years of significant output on buying spectrum and refreshing its network infrastructure. This comes a day after America Movil showed first quarter net profit down 55% year on year, weighed by a stronger peso and lack of extraordinary income from selling cell phone towers, as it had done in the same quarter a year earlier.
