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America Movil reported a disappointing 4Q17 but positive yearly financial results. The company saw its year-on-year net loss nearly double as the Mexican peso depreciated against the US dollar and the euro.


  • The losses due to exchange rate movements and natural disasters have offset the revenue growth from prepaid data and postpaid subscriptions. The overall subscriber base remained flat for America Movil, while the general trend of increased data consumption helped to increase mobile ARPU.

Features and Benefits

  • Analyzes America Movil's financial and operational performance in 2017.
  • Provides an overview of America Movil's position in Mexico five years after the telecoms reform was passed.

Key questions answered

  • What factors have impacted America Movil's performance in 2017?
  • What impact did foreign exchange movements have on America Movil's overall performance?

Table of contents

Ovum view

  • Summary
  • Losses due to exchange rate movements and natural disasters offset revenue growth from prepaid data and postpaid subscriptions
  • America Movil's overall subscriber base remained flat, while Claro Brasil registered strong postpaid growth
  • Mexico continues to be America Movil's playground
  • Mobile ARPU is growing with the rise in data consumption
  • America Movil is slow on Internet of Things (IoT) initiatives


  • Further reading
  • Author

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