América Móvil, S.A.B. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging, and other wireless entertainment and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services. In addition, the company offers residential broadband services; IT solutions for small businesses and large corporations; and cable and satellite pay television subscriptions. Further, it sells equipment, accessories, and computers; and offers telephone directories, publishing, wireless security, call center, advertising, media, and software development services. Additionally, the company provides video, audio, and other media content through the internet directly from the content provider to the end user. It sells its products and services under the Telcel, Telmex Infinitum, TracFone, Straight Talk, and A1 brands through a network of retailers and service centers to retail customers; and through sales force to corporate customers. As of December 31, 2020, the company had approximately 287 million wireless voice and data subscribers. América Móvil, S.A.B. de C.V. was incorporated in 2000 and is based in Mexico City, Mexico.
IPO Year:
Exchange: NYSE
Website: americamovil.com
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ClaroVTR plans to offer greater connectivity solutions and accelerate digital development in Chile Liberty Latin America Ltd. ("Liberty Latin America" or "LLA") (NASDAQ:LILA, OTC Link: LILAB))) and América Móvil S.A.B. de C.V. ("América Móvil" or "AMX") (BMV:AMX, NYSE:AMX) confirm that the Chilean National Economic Prosecutor's Office (FNE) has approved the announced agreement to combine their respective Chilean operations, VTR and Claro Chile, to form a 50:50 joint venture (the "JV"). The operators have met all contractual obligations and have completed the transaction. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2022100600556
Liberty Latin America Ltd. ("Liberty Latin America" or "LLA") (NASDAQ:LILA, OTC Link: LILAB))) and América Móvil S.A.B. de C.V. ("América Móvil" or "AMX") (BMV:AMX, NYSE:AMX) announced an agreement to combine their respective Chilean operations, VTR and Claro Chile, to form a 50:50 joint venture (the "JV"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210929005566/en/ Strategic Rationale & Value Creation The proposed transaction combines the complementary operations of VTR, a leading provider of high-speed consumer fixed products, such as broadband and Pay TV services, where it connects close to 3 million subscribers nationwid
The most overbought stocks in the communication services sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. Gravity Co., Ltd. (NASDAQ:GRVY) Gravity Co, during November, posted Q3 earnings of $1.62 per share. The company’s stock has a 52-week high of $64.80 . RSI Value: 70.
If history is any guide, there may be good fortune ahead for shares of America Movil (NYSE:AMOV). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term average price, it means the trend is lower. Why It's Important: The 50-day and the 200-day simple moving averages are commonly used. The golden cross occurs when the 50-day crosses above the 200-day. This could mean the
JP Morgan analyst Marcelo Santos maintains America Movil (NYSE:AMOV) with a Neutral and lowers the price target from $20.5 to $19.
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If history is any guide, there may be trouble ahead for shares of America Movil (NYSE:AMOV). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term average price, it means the trend is lower. Why It's Important: The 50-day and the 200-day simple moving averages are commonly used. The death cross occurs when the 50-day moves below the 200-day. This could mean the lon
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