Business · Companies · 1 hr ago
América Móvil's third-quarter profit rises 7% to 24.3 billion pesos
América Móvil's net profit rose 7% in the third quarter of 2026, reaching 24.3 billion pesos.
The Mexican telecommunications company also reported operating cash flow of 102 billion pesos, up 8.9% from a year earlier.
Revenue increased 7.6% to 251 billion pesos, driven mainly by mobile services in Brazil, Colombia, Peru and Mexico.
The company reported 3.1 million net mobile customer additions during the quarter, led by Brazil with 743,000.
In its fixed-line business, it recorded 390,000 broadband connections by the end of September.
Investment spending reached 76 billion pesos in the first nine months, funded from cash flow, while net debt fell by 34 billion pesos.
The company gave no further plans or next steps in its results statement.
América Móvil reported third-quarter 2026 net profit of 24.28 billion Mexican pesos, up 7% from a year earlier.
Revenue rose 7.6% to 250.63 billion pesos, while EBITDA increased 8.9% to 102.16 billion pesos.
The company added 3.1 million mobile subscribers during the quarter, led by Brazil.
It ended the quarter with 332.4 million mobile subscribers and 38.2 million broadband customers.
- Who
- América Móvil, the telecommunications company that controls Claro in Brazil.
- What
- It reported third-quarter net profit of 24.28 billion Mexican pesos, up 7% year over year.
- When
- The results covered July to September 2026 and were reported on October 21, 2026.
- Where
- The company operates in multiple countries; the sources highlight Brazil, Colombia, Peru and Mexico.
- Why
- Higher revenue and operating earnings contributed to the profit increase.
This story does not have two clearly opposing sides.
América Móvil recorded net profit of 24.28 billion pesos and added 3.1 million mobile subscribers.
Reports on the company’s third-quarter results were published.
- Net profit
- 24.28 billion Mexican pesos
- Profit growth
- 7% year over year
- Revenue
- 250.63 billion pesos
- EBITDA
- 102.16 billion pesos
- Mobile subscribers added
- 3.1 million
- Mobile subscriber base
- 332.4 million at quarter-end
2 sources
What people are saying
In the nine months to September our total investment expenditure amounted to 76 billion pesos. These investments were fully financed with our cash flow, which also allowed us to reduce our net debt by 34 billion pesos
EBITDA of 102 billion pesos increased 8.9 percent year over year in Mexican pesos and 6.7 percent at constant exchange rates. Our EBITDA margin was 40.8 percent of revenue, an increase of 0.5 percentage points from the previous year