America Movil Targets Steady Growth and Stable Capex

The Mexican telecommunications giant expects service revenue to grow up to 5% annually through 2028 while maintaining capital expenditure at 7 billion dollars per year. Management plans to use the resulting cash flow for debt reduction and potential acquisitions in Brazil and Eastern Europe.

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Insights:

AMERICA MOVIL SAB DE C-SER B will hold annual capital expenditure stable at around $7 billion through 2028 while targeting service revenue growth of 4.0% to 5.0%. The Mexico-based telecom leader aims to maintain stable spending following the completion of major 5G spectrum acquisitions. This disciplined fiscal approach signals a shift toward cash generation for debt reduction and potential acquisitions in emerging markets.

Growth Targets and Capex Discipline

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