Mexican telecoms giant America Movil targets steady growth, holds capex at $7 billion
MEXICO CITY: Mexican telecommunications giant America Movil on Wednesday outlined its financial outlook through 2028, according to a J.P. Morgan analyst note, targeting steady growth in revenue and core earnings while holding capital expenditure stable at around $7 billion per year.
The firm’s investor day event was closed to press. A spokesperson for America Movil did not immediately respond to a request for comment confirming the figures.
