America Movil S.A.B.DE C.V. - ADR - Series B

Strong Revenue Growth: América Móvil reported a second quarter revenue of MXN 234 billion, representing a 13.8% year-on-year increase. The company experienced its strongest revenue performance in over a year, driven by an increase in both service revenue (up 7.3%) and equipment revenue (up 12.5%).

Subscriber Gains and Growth in Postpaid: The company added 2.9 million postpaid clients in the quarter, with Brazil contributing 1.4 million. Postpaid service revenue in Brazil grew 9.5%, highlighting the effectiveness of strong network quality and improved customer service strategies.

Broadband Acceleration: Fixed line broadband access increased by 462,000, with significant contributions from Mexico (231,000) and improvements seen in the fixed corporate segment. This reflects a strong commercial effort and suggests continued momentum in broadband service growth.