New Street Research - America Movil S.A.B. de C.V. ADS (AMX) ... AMX (Neutral, TP: $21, +0%) America Movil - CFO meeting notes: 5G / FTTH / Pension

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New Street Research

Soomit Datta

EUR 9284.00 For Business Accounts Only

AMX (Neutral, TP: $21, +0%) America Movil - CFO meeting notes: 5G / FTTH / Pension

We held a call with Carlos Garcia Moreno, CFO of AMX, earlier this week. The story at AMX is improving on the fixed side whilst mobile continues to hum along quite happily, with 5G particularly supportive in Mexico.

05/05/2023 1 EN

Underlyings

America Movil S.A.B. de C.V. ADS

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US02364W1053 New York Stock Exchange Mexico

AMERICA MOVIL SAB DE CV

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ARDEUT112646 Buenos Aires Stock Exchange Mexico

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Pan European Telecom Services and Cable

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Analysts

Soomit Datta

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AMX (Neutral, TP: $21, +0%) America Movil - CFO meeting notes: 5G / FTTH / Pension

AMX (Buy, TP: $24, +25%) Why a seemingly (quite) healthy Telco just filed for Chapter 11. Twice.

AMX(Buy, TP: $24, +24%) Televisa (Neutral, $3.5, +11%) Megacable (Neutral, MXN55, +9%) Mexican FTTH/Cable - Megacable to Neutral on Valuation, AMX top pick into Investor Day

AMX (Buy, TP: $24, +40%) AMX - Q1 24: Accelerating revenue and EBITDA trends

Autumn for Broadband 1Q24

Frontier Model Update

FYBR: quick thoughts following the call Part 2

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