America Movil SAB de CV (AMX)

NYSE Content Update: Lynn Martin on 2026 Most Powerful Women in Business ListMay 27, 2026 8:55 AM
PR Newswire (US) NYSE issues a pre-market daily advisory direct from the trading floor.NEW YORK, May 27, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.  Ashley Mastronardi delivers the pre-market update on May 27thThe S&P 500 looks to build off a record as investors closely monitor the latest developments in the Middle East.Global X NYSE 100 ETF component Micron reached a $1 trillion valuation for the first time on Tuesday after shares rose by more than 19% during the session.NYSE Group President Lynn Martin was named in the 2026 edition of Fortune's Most Powerful Women in Business list.Opening Bell
America Movil (NYSE: AMX) celebrates its 25th listing anniversaryClosing Bell
Fortune Magazine celebrates this year's 100 Most Powerful Women in Business listFor market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com  Video - https://mma.prnewswire.com/media/2988796/NYSE_Content_Update_May_27.mp4 
Photo - https://mma.prnewswire.com/media/2988795/NYSE_Mastercard.jpg 
Logo - https://mma.prnewswire.com/media/2581322/5989843/New_York_Stock_Exchange_Logo.jpg  View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-update-lynn-martin-on-2026-most-powerful-women-in-business-list-302783124.html Original: NYSE Content Update: Lynn Martin on 2026 Most Powerful Women in Business List

H.I.G. Capital Announces Sale of Brazilian Portfolio Company Desktop to ClaroMarch 26, 2026 11:00 AM
PR Newswire (US)

RIO DE JANEIRO, March 26, 2026 /PRNewswire/ -- H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $74 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to sell its portfolio company Desktop S.A. ("Desktop" or the "Company"), a leading internet service provider in the state of São Paulo, to Claro Telecom Participações S.A. ("Claro"), a subsidiary of América Móvil (BMV: AMX; NYSE: AMX), a leading telecommunications carrier in Latin America. The closing of the transaction is subject to customary conditions precedent and approvals from the Brazilian regulatory authorities. The transaction is valued at R$4.0 billion (c. $750mm, inclusive of debt), implying a price per share of R$20.82, based on Desktop's net debt as of September 30.







Since H.I.G.'s acquisition, Desktop has successfully executed on a robust growth strategy, combining accelerated organic expansion with 10 strategic acquisitions, to build one of the leading fiber platforms in Brazil. During this period, the Company has grown from approximately 150,000 subscribers to over 1.2 million subscribers, now serving more than 200 cities in the state of São Paulo, supported by a fiber network spanning over 58,000 km.H.I.G. also played a key role in supporting Desktop's successful initial public offering in February 2021 on the Brazilian Stock Exchange (B3) under the ticker B3: DESK3, marking the first publicly listed ISP in Brazil.Fernando Marques Oliveira, Managing Director and Head of H.I.G. Latin America, commented: "Desktop's trajectory is a strong example of H.I.G.'s hands-on approach to accelerating growth. Working closely with an outstanding senior management team, we supported the Company's expansion to become a leading fiber platform in Brazil, while also positioning the business as a highly strategic asset for industry players. This transaction underscores our ability to identify and execute on compelling value creation opportunities and we are gratified to have generated a very attractive result for our investors."About DesktopFounded in 1997 and headquartered in Sumaré, São Paulo, Desktop is a leading internet service provider in Brazil, with a strong and focused footprint in the state of São Paulo. The Company delivers high-speed connectivity to residential and business customers, supported by a scalable fiber infrastructure. As of year-end 2025, Desktop serves over 1.2 million subscribers across more than 200 cities, with a network spanning over +58,000 km and reaching approximately 4.8 million homes passed. For more information, visit ri.desktop.com.About ClaroClaro is a leading telecommunications operator in Latin America, offering mobile, broadband, pay TV, and digital services. In Brazil, the Company operates a fully integrated platform with nationwide coverage and leading market positions and ranks among the country's largest telecom providers. Established in 2003 through the consolidation of multiple regional operators, Claro is a subsidiary of América Móvil, a publicly traded company (BMV: AMX; NYSE: AMX) and one of the largest telecom carriers in the world, with operations in more than 20 countries and over 300 million wireless subscribers. For more information, visit claro.com.About H.I.G. CapitalH.I.G. is a leading global alternative investment firm with $74 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach:H.I.G.'s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.H.I.G.'s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices.H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm's current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.*Based on total capital raised by H.I.G. Capital and its affiliatesContact:Fernando Marques Oliveira
Head of H.I.G. Latin America
Managing Director
foliveira@hig.comH.I.G. Capital
Av. Ataulfo de Paiva 1251
9th and 10th Floors – Leblon
Rio de Janeiro – RJ, 22440-034
Brazil
P: +55 21 2529-3550
hig.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/hig-capital-announces-sale-of-brazilian-portfolio-company-desktop-to-claro-302726355.htmlSOURCE H.I.G. Capital

Original: H.I.G. Capital Announces Sale of Brazilian Portfolio Company Desktop to Claro

$AMX & $SWIS.CN GlobeX Data Readies Latin America Launch of SekurMessenger with America Movil’s Telcel – Aims to Replace WhatsApp for Business Users https://finance.yahoo.com/news/globex-data-readies-latin-america-110000718.html

News: $AMX SparkCognition and Global HITSS offer artificial intelligence solutions to advance digital transformation in various industries

AUSTIN, Texas , Jan. 23, 2019 /PRNewswire/ -- Global HITSS, an América Móvil company, and SparkCognition announce a strategic alliance to expand the use of artificial intelligence applications in companies throughout 25 countries. Global HITSS, a company dedicated ...

In case you are interested https://marketwirenews.com/news-releases/sparkcognition-and-global-hitss-offer-artificial-intelligence-solutions-to-advance-digital-transformation-in-various-industries-7517624.html

I CALLED THAT BEAUTIFUL BOUNCE OFF $15



YES, I DID, SIR(s)!

I know this stock like the back of my hand. Everything from the ADR SPonsor, to who the largest player in America Movil, SA the ordinary. My ARBTIGRAGE boyz were hungry for electronic trading....and I was the FIRST to give it to them. I was the first to INTRODUCE AN ELECTRONIC MACHINE on the decks of the TOP 10 BANKS IN MEXICO!!!!!!! I was paid good money for this business, and I can do it again. I will get in through the top. TOP DOWN APPROACH much better than BOTTOMs UP APPROACH.

Always.

Hit that send button, and in milliseconds, the REPORT back. BAMM! FAST!!

ALL MY OLD ARBITRAGE BUDDIES - HI - IT IS ME PATRICIO, EL LOCCO!

GO AMX - I CALLED IT POPPING AT $15!!!!!!!!!!!!!!!!!!!!!!

AMX is a LONG TERM PLAY......LONG TERM!

NICE POP - 200day WAY UP THERE $18 - THAT IS WHERE AMX IS HEADED!

AMX - victim of ITALY bashing, and emerging markets in general with RISK OFF THE TABLE,
HAS OPTIONS IF I RECALL AT $15, WHERE SLIM BUYS AT $15.....SO, IF HE BUYS @ $15, THEN I WILL BUY TOO HERE AT $15 - THIS IS MY STOCK GOOD CALL TO BUY!!!!!!!

Sold today. Was thinking of staying in longer but I'll take what's on the table with this one.

Bought today. Now I'm feeling a little too early. Guess I'll see.

Won't their SATS relationship help them everywhere?

The company's prospects have been discussed in a report by Zacks. The analysts have maintained their neutral recommendation on America Movil. The company is expected to do well based on increased penetration of 4G mobile services and expansion of its PayTV platform. However, it is likely to face regulatory challenges especially in Mexico. Stiff competition in markets like Brazil and high promotional spending can lead to lower margins. Huge customer churn may also hurt topline growth. The PayTV business is doing very well and has become a significant revenue contributor for the company. However, being a low margins business, increase in PayTV's weightage can put pressure on the overall margins. It remains the largest player in Latin America, and is making investments for expansion of its network to serve the customers better. Launch of the 4G mobile services in Mexico will help the growth prospects of the company. Revenue growth is expected to be good in regions like Brazil and Mexico where the focus is on winning contract subscribers, thereby reducing the churning. The growth prospects are relatively better compared to some other players operating in more saturated markets. AT&T (T) and Verizon (VZ) are facing competition from old and new players like America Movil (AMX) and Deutsche Telekom (DTEGF.PK) who are giants in their respective countries. They are offering lower priced, less restrictive contracts which makes the competition more cost based. Availability of handsets without contracts e.g. at Wal-Mart (WMT) stores, and an increasing demand for used handsets is likely to make top-line growth difficult. Usell (USEL), which provides a platform for buying / selling used phones, reported phenomenal growth in revenues in the first half of 2013. These markets may undergo some consolidation, but the short term growth prospects are not that robust. For America Movil, the telecom bill in Mexico is likely to adversely impact the company’s performance. Going forward, the company is likely to face challenges, but the revenue growth prospects are relatively better.

Between AMX and IVOI, I'm bound to make a lot of money.

Recent news:

Another company to see shares rise this week was Carlos (world’s richest man) Slim’s America Movil (AMX) which saw shares gain 0.2% to 34.04 pesos. The company -- Latin America’s largest cellphone provider -- is expecting growth to slow by a third in 2011 as its Latin American market becomes saturated. Fourth-quarter results for the company were “solid but unspectacular”. Revenue was up 6% from the same period in 2009 pushing full year sales to over $50 billion.

Attempting to stave off competition authorities, Slim’s Telcel -- the commercial arm of America Movil -- has today lowered its charges to rivals who want to connect to its network. In 2004, the connection fee per minute was 1.90 pesos. This decreased gradually until it hit 1 peso per minute in 2010. The rates which come in today are unknown.

Link:
http://www.minyanville.com/businessmarkets/articles/top-gear-mexico-news-jeremy-clarkson/2/11/2011/id/32755?camp=syndication&medium=portals&from=yahoo

Here is an interesting interview with Carlos Slim. It shows more about the man than just the Telephone industry coverage:

http://www.bloomberg.com/news/2010-10-29/slim-calls-on-china-to-spur-domestic-market-rather-than-revalue-currency.html

America Movil 3rd-qtr net seen up 35 pct on merger

Thu Oct 21, 2010 1:49pm EDT

MEXICO CITY, Oct 21 (Reuters) - Mexico's America Movil, one
of the world's top telecommunications companies, is seen
posting a 35 percent jump in third quarter profit next
Wednesday as billionaire Carlos Slim's flagship consolidates
his Americawide fleet of firms.

America Movil (AMXL.MX) (AMX.N) probably had net earnings
of 25.239 billion pesos ($1.999 billion) in the July to
September period, according to the average estimate of eight
analysts consulted by Reuters.

America Movil's report next week will be the first to
showcase the results of this year's consolidation of Slim's
wireless, fixed line and cable assets across Latin America, the
United States and the Caribbean.

Analysts expect revenue from data services, such as
streaming video, to pad growth from mobile companies even as
margins will be crimped due to the inclusion this quarter of
results from fixed-line firms.

After years of fast growth, Slim has strung up a network
that UBS said in a recent report is unrivaled on the planet,
wiring the hemisphere from north to south.

Third quarter revenue was expected to surge 57 percent to
156.902 billion pesos. Earnings before interest, tax,
depreciation and amortization (EBITDA) was seen 52 percent
higher for the period, compared to last year, at 61.305 billion
pesos.

Goldman Sachs analyst Lucio Aldworth expects EBITDA margins
to be 3 percent lower as fixed-line assets pressure the
profitability of the mobile business. Slim's Mexican fixed-line
company Telmex has been hurt by increasing competition.

The company likely added 4.58 million mobile clients during
the third quarter, up nearly 15 percent from the same period a
year ago.

In June, America Movil acquired dominant Mexican fixed-line
operator Telmex (TELMEXL.MX) and regional fixed-line operator
Telmex Internacional (TELINTL.MX), both of which Slim had
majority-owned.

Slim is aiming to improve efficiencies as competition heats
up with Spain's Telefonica (TEF.MC) to dominate Latin America's
market.

http://www.reuters.com/article/idCNN2123456320101021?rpc=44

Looks to me like it cycles over a several week period.

Over time, a string of higher lows then higher highs. Interesting.

Looks like it may be a candidate for swing trading.

Interesting pattern lately. Looks like it is swinging about 4% in a channel. Might be a good candidate for a little swing trade action.

It also helps that I like their Tracfone and Net10 products. Not a bad option for high priced binding cell phone contracts.

nice chart -- ready to buy on the breakout...if no breakout, may pick some up at about $60 as an investment if it keeps drifting lower....