América Móvil Profit Rises 9.2% Driven by Brazil, Colombia Growth
América Móvil posted a 9.2% rise in second-quarter net profit as a strategic shift toward lucrative postpaid mobile subscribers in Brazil and Colombia helped offset regulatory headwinds in its Mexican home market.
América Móvil reported a 9.2% increase in second-quarter net profit to MXN 24,332 million, driven by a strong push into postpaid mobile contracts and 5G services. Total revenue for the quarter rose 3.1% to MXN 241,000 million, while EBITDA grew 11% to MXN 92,410 million. The operator added 3.5 million postpaid subscribers and 531,000 fixed-line broadband accesses during the period.
The double-digit EBITDA growth outpacing revenue signals improving operating efficiency in a capital-intensive sector. This margin expansion stems directly from a strategic shift away from low-value prepaid users toward contract-based postpaid customers, who generate higher average revenue per user. Across Latin America, securing these predictable cash flows is critical for funding ongoing 5G and fiber-optic network upgrades.
Brazil and Colombia have emerged as the group's primary growth engines, effectively reducing its reliance on the mature Mexican market. The Brazilian unit, operating as Claro, saw revenue climb 5.4% and EBITDA increase 5.1%. Colombia delivered an even stronger performance, with revenue up 5.8% and EBITDA surging 12.5%, fueled by a growing middle class upgrading to data-heavy plans.
In contrast, the Mexican home market presented a mixed picture. Revenue grew 3.2%, but EBITDA inched up just 0.6% due to a regulatory fine levied against the fixed-line subsidiary Telmex. Stripping out the one-time penalty, Mexican EBITDA would have risen 4.3%, though the intervention underscores the persistent regulatory risks associated with the company's legacy market dominance.
América Móvil did not issue formal full-year guidance, leaving the second-half outlook dependent on continued postpaid momentum and regional currency stability. For investors, the underlying narrative is a geographic rebalancing act. The company is leveraging its scale as Latin America's largest telecom operator to build a competitive moat abroad, insulating the broader business from domestic regulatory friction.
