America Movil eyes capital expenditure target of fifteen percent of revenues
The Mexican telecom giant aims to spend 14 to 15 percent of its revenue on capital projects through 2026. CFO Carlos Garcia noted plans to invest in Chile.
Insights:
América Móvil, S.A.B. de C.V. , the Mexico 
MX-based telecommunications giant, has set a preliminary target for its capital expenditures at 14%–15% of revenues for 2026 and the coming years. This guidance, announced today following the company’s fourth-quarter results, specifies a sizeable scale for future spending and includes a commitment to invest as necessary to remain competitive in Chile 
CL. The move comes after NJJ, a firm based in France 
FR, and Millicom International Cellular S.A. , headquartered in Luxembourg 
LU, succeeded in talks to buy the local unit of Telefónica, S.A. .
MX-based telecommunications giant, has set a preliminary target for its capital expenditures at 14%–15% of revenues for 2026 and the coming years. This guidance, announced today following the company’s fourth-quarter results, specifies a sizeable scale for future spending and includes a commitment to invest as necessary to remain competitive in Chile CL. The move comes after NJJ, a firm based in France FR, and Millicom International Cellular S.A. , headquartered in Luxembourg LU, succeeded in talks to buy the local unit of Telefónica, S.A. .
