Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Mexican Stock Exchange  >  América Móvil, S.A.B. de C.V.    AMX L   MXP001691213

AMÉRICA MÓVIL, S.A.B. DE C.V.

(AMX L)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector news

America Móvil B de C : América Móvil informs to the market

share with twitter share with LinkedIn share with facebook
07/28/2020 | 01:05am EDT

"América Móvil informs to the market"

Mexico City, July 27, 2020. América Móvil, S.A.B. de C.V. ("AMX") [BMV: AMX]

[NYSE: AMX | AMOV], informs that its Brazilian subsidiary, Claro S.A. ("Claro"), agreed to extend and amend the binding offer submitted, jointly with Telefónica Brasil S.A. ("Telefonica") and TIM S.A. ("TIM"), for the acquisition of the mobile business owned by Oi Group, in the amount of R$16,500 million. Such joint offer considers, aditionally, the possibility of entering into long term agreements for the use of infrastructure with Oi Group.

The offer was submitted by the parties, and is subject to certain conditions, including their right to make a higher bid than other offer potentially presented by a third party ("right to top") in the competitive process of Oi Group's mobile business sale.

Therefore, Claro believes that the joint offer with TIM and Telefônica is the one that best serves the interests of current customers of Oi, as it provides long-term experience in the Brazilian market, investment capacity and technical innovation to the sector as a whole; besides being in line with current regulation.

This press release contains certain forward-looking statements that reflect the current views and/or expectations of AMX and its management with respect to its performance, business and future events. We use words such as "believe," "anticipate," "plan," "expect," "intend," "target," "estimate," "project," "predict," "forecast," "guideline," "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. AMX is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Disclaimer

América Móvil SAB de CV published this content on 28 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2020 05:05:19 UTC

share with twitter share with LinkedIn share with facebook
All news about AMÉRICA MÓVIL, S.A.B. DE C.V.
09/22GLOBEX DATA : Update on Latin America Sales
AQ
09/18AMERICA MÓVIL B DE C : América Móvil and Telefónica terminate agreement to acqui..
PU
09/15VERIZON COMMUNICATIONS : Launches $7 Billion Prepaid Push
DJ
09/15Tech leads crisis-driven M&A boom with $350 billion deal rush
RE
09/14Communications Services Up As Verizon Agrees To Buy Tracfone -- Communication..
DJ
09/14VERIZON COMMUNICATIONS : to Buy TracFone in Deal Valued at Nearly $7 Billion -- ..
DJ
09/14Tech leads crisis-driven M&A boom with $350 billion deal rush
RE
09/14AMERICA MÓVIL B DE C : Verizon to buy pre-paid mobile service Tracfone in $6.25 ..
RE
09/14AMERICA MÓVIL B DE C : Verizon to buy prepaid phone seller Tracfone for up to $6..
AQ
09/14VERIZON COMMUNICATIONS : to Buy TracFone in Deal Worth Up to $7 Billion -- 2nd U..
DJ
More news
Financials
Sales 2020 1 022 B 45 607 M 45 607 M
Net income 2020 41 492 M 1 852 M 1 852 M
Net Debt 2020 711 B 31 757 M 31 757 M
P/E ratio 2020 25,2x
Yield 2020 2,50%
Capitalization 869 B 39 298 M 38 785 M
EV / Sales 2020 1,55x
EV / Sales 2021 1,42x
Nbr of Employees 186 835
Free-Float 47,8%
Chart AMÉRICA MÓVIL, S.A.B. DE C.V.
Duration : Period :
América Móvil, S.A.B. de C.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AMÉRICA MÓVIL, S.A.B. DE C.V.
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 17,76 MXN
Last Close Price 13,08 MXN
Spread / Highest target 68,2%
Spread / Average Target 35,8%
Spread / Lowest Target 14,7%
EPS Revisions
Managers
NameTitle
Daniel Hajj Aboumrad Chief Executive Officer & Executive Director
Carlos Slim Domit Chairman
Carlos José García Moreno Elizondo Chief Financial Officer
Luis Alejandro Soberón Kuri Director
David Antonio Ibarra Muñoz Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AMÉRICA MÓVIL, S.A.B. DE C.V.-13.38%40 520
AT&T INC.-27.05%203 143
T-MOBILE US43.32%139 117
CHINA MOBILE LIMITED-22.29%136 060
SOFTBANK GROUP CORP.34.04%117 372
NTT DOCOMO, INC.-10.96%82 962