Report
Michael Hodel
EUR 147.86 For Business Accounts Only

Sheer scale should prevent competitors--and regulators--from diminishing Movil's strong position.

America Movil continued to struggle in Mexico during the second quarter as it defends market share amid aggressive competition from AT&T and Telefonica. We believe conditions in the country, which produces nearly 30% of Movil’s revenue, are clearly unsustainable for its two smaller rivals, and we suspect the firm is attempting to demonstrate that it won’t be bullied on price. Management isn’t holding a call to discuss results until next week, but we suspect the long-term outlook in Mexico wi...
Underlying
America Movil S.A.B. de C.V. ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Hodel

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