Fourth Quarter Revenue Growth
América Móvil's revenue increased by 18% in Mexican peso terms to MXN237 billion, with service revenue up by 19.1% and EBITDA rising 16.4% to MXN91 billion.
Postpaid and Broadband Growth
Postpaid subscriber base grew by 5.3% year-on-year, while fixed broadband accesses increased by 4.7%. Broadband revenue growth accelerated to 9.8% from 7.4% in the prior quarter.
Expansion in Chile
The consolidation of the Chilean operation contributed MXN3.3 billion to the consolidated revenue over the last two months of the year.
Corporate Networks Revenue Increase
Corporate networks revenue grew 12.3% from 10.1%, showing a significant acceleration.
Positive Outlook for Brazil
América Móvil holds a 38% to 40% market share in 5G in Brazil and expects continued growth and strong performance in the market.