Mexican telecoms giant America Movil targets steady growth, holds capex at $7 billion
27/05/2026 21:38
Mexican telecoms giant America Movil targets steady growth, holds capex at $7 billion MEXICO CITY, May 27 (Reuters) - 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.
(Reporting by Kylie Madry; Editing by Brendan O'Boyle)
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