América Móvil
América Móvil is a Mexico-based multinational telecommunications group operating mobile, fixed-line, broadband, pay-TV, and enterprise connectivity businesses across the Americas and parts of Europe.
Last updated August 25, 2026
Overview
América Móvil is a Mexican telecommunications corporation headquartered in Mexico City and one of the largest communications groups serving Latin America. The company was created in 2000 when Telmex separated its wireless activities from its fixed-line and internet operations; shares were subsequently distributed to Telmex shareholders. From that origin, América Móvil developed into a multinational operator through organic network investment, acquisitions, integration of local businesses, and the creation of a common regional brand architecture. The group’s principal activities include mobile voice and data, fixed-line telephony, broadband internet, pay television, enterprise communications, wholesale connectivity, and related digital services. Its consumer operations are generally conducted through country-specific brands rather than under the América Móvil name itself. Telcel is the company’s principal Mexican mobile brand, while Claro is used across numerous Latin American and Caribbean markets. In Brazil, the group operates Claro alongside Embratel-related fixed and enterprise activities. Its European presence has been connected especially with Telekom Austria Group, which operates under brands including A1 in several Central and Eastern European markets. América Móvil expanded rapidly during the 2000s. It unified several Latin American wireless operations under the Claro identity, pursued assets previously associated with Verizon in the region, entered Jamaica through Oceanic Digital, and introduced major handset and mobile-service developments in Latin America. The group later broadened its fixed and converged-service footprint through transactions involving Telmex-related assets. It also pursued international opportunities beyond the Americas, including a proposed increase in its stake in Dutch operator KPN and the consolidation of Telekom Austria Group. The company has historically been closely associated with Carlos Slim and the wider Slim business network. Its scale has made it a significant participant in telecommunications policy debates, particularly in Mexico, where regulators and competition authorities have addressed market concentration, interconnection pricing, access conditions, and the position of the country’s largest operator. Regulatory reforms introduced during the 2010s sought to increase competition and impose obligations on dominant participants. América Móvil’s portfolio has changed over time. TracFone Wireless and related prepaid brands were formerly part of its United States operations but were acquired by Verizon Communications. The company also announced the purchase of Telefónica operations in Guatemala and El Salvador in 2019; the El Salvador transaction was later cancelled by mutual agreement in 2020 after competition-monitoring conditions. As of 31 December 2023, the group reported 310.1 million wireless subscribers and 73.7 million fixed revenue-generating units, comprising fixed voice, fixed data, and pay-TV connections. Its present identity is therefore that of a multi-market connectivity group whose local brands, network assets, and regulatory position vary by country.
History
América Móvil was established in late 2000 through the separation of Telmex's wireless mobile activities from its fixed-line and internet businesses. The company initially inherited a major Mexican mobile operation and then used that platform to expand across Latin America. Its shares were delivered to Telmex shareholders early in 2001, making the new company distinct from its former parent while retaining a close historical connection to Mexico's telecommunications sector. During the middle of the 2000s, América Móvil pursued international scale through acquisitions, partnerships, and brand consolidation. In 2005 it entered an international-services pact with Ooredoo. In 2006 it bid for Verizon's Latin American and Caribbean operations and began unifying several country brands, including Comcel in Colombia, Porta in Ecuador, Telcel in Mexico, TracFone in the United States, and CTI Móvil in Argentina, Paraguay, and Uruguay, under the Claro umbrella. In 2007 the company acquired Jamaican operator Oceanic Digital, which operated as MiPhone. These moves established the regional footprint that became central to the group's identity. The company broadened its technology and service portfolio as mobile communications shifted from voice toward data and smartphones. It launched the iPhone in Latin America in 2008, partnered with Nokia on location-based services in 2009, and introduced an early Android device in the region. Alongside mobile services, América Móvil developed fixed broadband, fixed voice, pay television, enterprise communications, and wholesale connectivity. This created a converged-service model in which country subsidiaries could combine wireless and fixed products according to local licenses and infrastructure. In 2010, América Móvil proposed acquiring Carso Telecom and Telmex International. Mexico's competition authority approved the transaction in February of that year. The deal strengthened the group's fixed-line and international platform and reflected the strategic importance of combining mobile and fixed assets. The company also pursued expansion in Europe. It sought to acquire the remaining shares of KPN in 2013, although the proposal encountered opposition from the Dutch government and did not result in full ownership. América Móvil subsequently consolidated Telekom Austria Group in its financial reporting after becoming its controlling shareholder, giving the group an operating base in Austria and Central and Eastern Europe. América Móvil's growth has been accompanied by sustained scrutiny in Mexico. Its large market share and the position of Telcel generated disputes over interconnection fees, competition, and access conditions. The OECD estimated that weak telecommunications competition imposed substantial costs on the Mexican economy, while Mexican authorities introduced reforms during the 2010s aimed at reducing concentration and strengthening oversight of dominant operators. These issues became a defining part of the company's regulatory environment rather than a separate consumer brand proposition. The group continued adjusting its geographic portfolio. In 2019 it announced agreements to acquire Telefónica's operations in Guatemala and El Salvador, but the El Salvador transaction was cancelled by mutual agreement in 2020 after competition-monitoring conditions. Its former U.S. wireless portfolio, including TracFone and associated prepaid brands, was acquired by Verizon. By the end of 2023, América Móvil reported 310.1 million wireless subscribers and 73.7 million fixed revenue-generating units. It remains a diversified telecommunications group whose consumer-facing identity is delivered mainly through Telcel, Claro, Embratel, A1, and other local operating brands.
- 2023Year-end subscriber scale reported
The group reports 310.1 million wireless subscribers and 73.7 million fixed revenue-generating units at year end.
- 2020El Salvador transaction cancelled
The planned acquisition of Telefónica's Salvadoran operations is cancelled by mutual agreement after competition-monitoring conditions.
- 2019Proposed Telefónica acquisitions
América Móvil announces proposed purchases of Telefónica operations in Guatemala and El Salvador.
- 2013KPN takeover proposal
The company offers to acquire the remaining stake in Dutch operator KPN, but the proposal faces Dutch government opposition.
- 2010Telmex-related acquisition approved
Mexico's competition authority approves América Móvil's acquisition proposal involving Carso Telecom and Telmex International.
- 2009Mobile-location and Android initiatives
América Móvil partners with Nokia on mapping services and launches an early Android phone in Latin America.
- 2008iPhone introduced in Latin America
The group launches iPhone services in Latin American markets.
- 2007Entry into Jamaica
América Móvil acquires Oceanic Digital in Jamaica, operated under the MiPhone brand.
- 2006Claro brand consolidation begins
The company pursues Verizon's Latin American and Caribbean assets and begins bringing multiple wireless operations under the Claro identity.
- 2005International-services pact with Ooredoo
América Móvil and Ooredoo agree to cooperate in delivering international telecommunications services.
- 2001Shares distributed to Telmex shareholders
Shares in the newly separated company are delivered to Telmex shareholders, completing the corporate separation process.
- 2000América Móvil is established
Telmex separates its wireless mobile activities from its fixed-line and internet businesses, creating América Móvil.
Products and positioning
A large-scale, multi-country telecommunications operator providing mobile and fixed connectivity through strong local brands, converged services, and extensive network infrastructure.
TelcelMobile telecommunications
Telcel is América Móvil's principal consumer mobile brand in Mexico. It provides prepaid and postpaid voice, messaging, mobile data, handset connectivity, and related digital services. The brand is central to América Móvil's Mexican operations and is supported by the group's national wireless infrastructure. Telcel has also been the focus of competition and market-concentration scrutiny because of its historically strong position in Mexico.
ClaroIntegrated telecommunications
Claro is América Móvil's principal regional consumer telecommunications brand. It operates in many Latin American and Caribbean markets and may provide mobile voice and data, fixed telephony, broadband, pay television, and enterprise or digital services depending on the country. The brand was developed by consolidating multiple local wireless identities and gives the group a more recognizable regional presence while allowing services and regulatory arrangements to remain market-specific.
EmbratelFixed, enterprise, and wholesale telecommunications
Embratel is associated with América Móvil's Brazilian fixed-line, enterprise, wholesale, and telecommunications infrastructure activities. It complements the Claro consumer business by serving corporate, government, carrier, data-network, and long-distance requirements. Its role illustrates the group's combination of consumer wireless operations with fixed and business connectivity assets.
A1 and Telekom Austria Group operationsEuropean telecommunications
Through Telekom Austria Group, América Móvil has operated telecommunications businesses in Austria and several Central and Eastern European markets. The portfolio includes A1-branded operations and related national subsidiaries offering mobile, fixed broadband, voice, television, and enterprise connectivity. These businesses provide the group with a European operating platform distinct from its Latin American Claro and Telcel activities.
TracFonePrepaid wireless telecommunications
TracFone was América Móvil's principal United States wireless business and included a portfolio of prepaid and value-oriented brands such as TracFone, NET10 Wireless, Straight Talk, SafeLink Wireless, SIMPLE Mobile, Total Wireless, and Telcel América. The business was subsequently acquired by Verizon Communications and is therefore a former rather than current América Móvil offering.
Flagship businesses
- Telcel
- Claro
- Embratel
- A1
- Telekom Austria Group
Marketing campaigns
- 2006Claro regional brand unification
Latin America · Caribbean · United States
América Móvil brought several country-level wireless businesses under the Claro umbrella, creating a more consistent regional consumer identity while retaining local operating structures.
Outcome. Claro became the group's principal consumer telecommunications brand across numerous markets.
Brand decisions
- 2019Propose acquisitions of Telefónica's Guatemala and El Salvador operationsM&A
The company sought to expand its Central American telecommunications footprint.
What changed. América Móvil announced agreements to acquire Telefónica's operations in Guatemala and El Salvador.
Aftermath. The El Salvador agreement was cancelled by mutual agreement in 2020 after competition-monitoring conditions.
- 2013Attempt to acquire the remaining KPN stakeM&A
América Móvil held a substantial minority position in KPN and sought greater control of the Dutch operator.
What changed. The company offered to acquire the remaining shares in KPN.
Aftermath. The proposal encountered resistance from the Dutch government, which raised national-security concerns, and did not lead to full acquisition.
- 2010Pursue Carso Telecom and Telmex InternationalM&A
The company sought greater scale and a stronger combination of mobile, fixed-line, and international communications assets.
What changed. América Móvil made an acquisition proposal involving Carso Telecom and Telmex International, which received Mexican competition-authority approval.
Aftermath. The move strengthened the group's converged and international telecommunications platform.
- 2008Launch iPhone services in Latin AmericaProduct launch
Smartphones were beginning to shift mobile competition toward data services and device ecosystems.
What changed. The company introduced Apple's iPhone through its Latin American operations.
Aftermath. The launch supported the development of mobile-data and smartphone usage in the group's regional markets.
- 2006Adopt the Claro umbrella across multiple marketsStrategy
The group had accumulated wireless businesses operating under several local names and sought a more coherent regional identity.
What changed. América Móvil consolidated a number of operations under the Claro brand while retaining country-specific companies and licenses.
Aftermath. Claro became the main regional consumer brand for much of the group's Latin American and Caribbean footprint.
Leadership
| Name | Title | Tenure |
|---|---|---|
| Carlos Slim Domit | Chairman of the Board | — |
| Daniel Hajj Aboumrad | Chief Executive Officer | — |
| Carlos Slim Helú | Principal controlling shareholder and business leader associated with América Móvilformer | — |
Controversies
- 2013Mexican antitrust and telecommunications reformControversy
América Móvil's dominant position in Mexico was a central issue in major regulatory reforms. The measures sought to impose stronger obligations on dominant operators and create more favorable conditions for competing telecommunications providers.
- 2012Market dominance and interconnection-fee criticismControversy
América Móvil and its Mexican mobile subsidiary Telcel faced sustained criticism over market concentration and allegations that interconnection pricing could disadvantage competitors. OECD analysis and Mexican policy debates contributed to later reforms intended to improve competition.
Recent events
- 2023América Móvil reports 310.1 million wireless subscribers and 73.7 million fixed revenue-generating units
The company reported its year-end subscriber and fixed-unit totals in its corporate and public reference materials.
Other - 2019América Móvil announces agreement to acquire Telefónica operations in Guatemala and El Salvador
The group announced proposed acquisitions of Telefónica's Guatemalan and Salvadoran operations for approximately $333 million and $315 million respectively. The El Salvador agreement was later cancelled by mutual agreement in 2020 after competition-monitoring conditions.
M&ARegulation - 2018América Móvil seeks a television license in Mexico
Chief executive Daniel Hajj said the company was seeking authorization to offer television services in Mexico.
RegulationOther - 2013América Móvil makes an offer for the remaining stake in KPN
The company offered to acquire the remaining shares of Dutch telecommunications operator KPN. The proposal prompted objections from the Dutch government, which cited national-security concerns.
M&ARegulation - 2010América Móvil acquires Telmex-related assets
The group offered to acquire Carso Telecom and Telmex International as part of a strategy to combine mobile, fixed-line, and international operations and compete more effectively with regional rivals.
M&A - 2009América Móvil and Nokia cooperate on location services
The group partnered with Nokia to use Nokia Maps for location-based services in Latin America and also launched an early Android phone in the region.
Product launchOther - 2008América Móvil launches iPhone services in Latin America
The company introduced Apple's iPhone in Latin American markets, supporting the transition toward smartphone-based mobile data consumption.
Product launchProduct generation
Sources
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