America Movil SAB de CV (ADR) (NYSE:AMX) Stock Trading Up

953

Dallas, Texas 11/20/2013 (Financialstrend) – In Tuesday’s trading session, America Movil SAB de CV (ADR) (NYSE:AMX) rose by 0.91%. The shares opened at $21.92, touched an intraday high of $22.20 and headed to close at $22.12. Around 7.64 million shares were traded on Tuesday and an average volume of 8.53 million shares were traded over a 30 day period. The 52-week low of America Movil SAB de CV (ADR) (NYSE:AMX) shares is $18.26 and its 52-week high is $25.71. The company has a market capitalization of $83.88 billion.

About the company
America Movil SAB de CV (ADR) (NYSE:AMX) is a Mexico-based company that is primarily involved in providing wireless-communications services in Latin America. Its activities include offering mobile & landline telephony-services, broadband access and satellite and cable television. America Movil SAB de CV (ADR) (NYSE:AMX) distributes its services under its Telmex, Telcel, Comcel, Embratel, Claro, Net & TracFone brand names. It also has its operations established in 18 different countries, like Mexico, Argentina, Brasil, Columbia, Chile, Uruguay, Paraguay, Panama, Ecuador, Peru & the United States, amongst others.

The company’s main subsidiaries are Telefonos-de-Mexico SAB de CV and Radiomovil Dipsa SA de CV, Net-Servicos de Comunicacao S, Comunicacion-Celular SA, Empresa Brasileira-de Telecomunicacoes SA as well as TracFone Wireless Inc (TracFone). As of 30th April 2011, the Control Trust held a 46.5 percent -stake in America Movil SAB de CV (ADR) (NYSE:AMX). On 30th November 2011, the company announced the acquisition of Digicel’s operations in Honduras 7 the sale of operations in Jamaica.

America Movil SAB de CV (ADR) (NYSE:AMX) provides wireless-services in Colombia under its Comcel brand. As of 31st December 2009, it had 27.7M wireless-subscribers in Colombia & Panama. The company provides wireless-services in Peru & Ecuador. As of 31st December 2009, it had 17.8M subscribers in the Andean area. America Movil SAB de CV (ADR) (NYSE:AMX) operates under its Porta brand in Ecuador.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.