América Móvil Company Description
From the Rio Grande to Tierra del Fuego, América Móvil offers phone services free from wires. Mobile network operator América Móvil is Latin America's top cell phone company with 137 million subscribers in 16 countries. The company's top rival in the mobile market is Spain's Telefónica. Its Telcel unit (Mexico's #1 cellular company) accounts for 46 million of its subscribers and two-thirds of sales. The company also has nearly 4 million fixed lines in service in Central America. América Móvil also owns 98% of Brazil's Telecom Américas. The family of Mexican billionaire Carlos Slim Helú controls the company.
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The Company Description provides a historical perspective of América Móvil's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of América Móvil's evolution in the marketplace.
