América Móvil reported a 7% increase in third-quarter net profit, reaching 24.28 billion Mexican pesos ($1.32 billion) for the July-September period, up from MXN22.7 billion in the third quarter of 2025. Profit was equivalent to MXN0.41 a share or $0.47 an American depositary receipt.
Revenue for the quarter rose 7.6% to 250.63 billion pesos, partly boosted by the depreciation of the Mexican peso in September. The telecommunications company, based in Mexico City, saw operating gains increase from the year-earlier period.
During the quarter, América Móvil added 3.1 million mobile subscribers, with growth led by Brazil. The company continues to expand its footprint across Latin America, supported by strong demand and favorable currency movements.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing