America Movil (AMX) has released an update.
América Móvil reported strong financial results for the third quarter of 2024, with a net profit of 6.4 billion pesos, driven by increased operating profit and reduced financing costs. The company added 1.8 million subscribers, with significant contributions from Brazil and Colombia, and saw a notable increase in mobile and fixed-line service revenues. EBITDA grew by 11.9% in Mexican peso terms, reflecting robust revenue expansion and operational efficiency.
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