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.