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Veea Begins Generating Revenue from SecureConnect Sales Through Telcel's Internet Gestionado Service
Globe Newswire (Tue, 14-Jul 10:43 PM ET)
América Móvil is the largest telecom carrier in Latin America, serving about 335 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Móvil dominates the Mexican wireless market with about 60% customer share and also serves about half of the country's fixed-line internet access customers. Brazil, its second-most important market, accounts for about 20% of service revenue. Móvil sold its low-margin wireless resale business in the US to Verizon in 2021 and now owns a 1.4% stake in the US telecom giant. The firm also holds a 61% stake in Telekom Austria.
America Movil Sab trades on the NYSE stock market under the symbol AMX.
As of September 9, 2026, AMX stock price climbed to $23.17 with 886,547 million shares trading.
AMX has a beta of -0.09, meaning it tends to be less sensitive to market movements. AMX has a correlation of 0.00 to the broad based SPY ETF.
AMX has a market cap of $69.41 billion. This is considered a Large Cap stock.
Last quarter America Movil Sab reported $14 billion in Revenue and $.47 earnings per share. This beat revenue expectation by $91 million and missed earnings estimates by -$.05.
In the last 3 years, AMX traded as high as $28.46 and as low as $13.10.
The top ETF exchange traded funds that AMX belongs to (by Net Assets): AVEM, FVD, IDVO, TDIV, PID.
AMX has outperformed the market in the last year with a return of +20.7%, while the SPY ETF gained +18.6%. However, in the most recent history, AMX shares have underperformed the stock market with its stock returning -5.6% in the last 3 month period and -2.4% for the last 2 week period, while SPY has returned +3.4% and -0.5%, respectively.
AMX support price is $22.74 and resistance is $23.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMX shares will trade within this expected range on the day.
