Top 10 Telecom Companies in the World 2017

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8. America Movil

America Movil is the leading provider of integrated telecommunication services in Latin America.

Image: company website

It has customers spread over 25 countries in America and Europe and provides a vast portfolio of communications solutions and value added services. The company operates under the brands: Telmex, Telcel and Claro, which are all popular with a strong brand presence.

The company’s headquarters are based out of Mexico City, Mexico and its Mexican subsidiary (Telcel) is Mexico’s largest mobile operator. The company’s current CEO is Daniel Hajj Aboumrad and Carlos Slim Domit is the Chairman.

The company had a subscriber base of approximately 280.57 million at the end of Quarter 4 of 2016. The company ended the year 2016 with a total of 82.9 million fixed Revenue Generating Units. The company’s Revenues stood at $13.6 billion in the 4th Quarter of 2016 and a Net Income of $5.58 billion for the Financial Year 2016. During the Financial Year 2016, the company underwent a crucial deleveraging process which helped the company to bring down its outstanding debt by $6.1 billion.

In the 4th Quarter of 2016, the company disconnected 3.3 million subscribers (mostly prepaid) due to stricter churn policies. The disconnected subscribers were mostly from Brazil, Panama, Costa Rica, Croatia and Macedonia. However, the post-paid segment experienced 1.3 million additions in the same quarter.

Subs (Mn): 280.57

Rev ($Bn): 49.74

Net Income ($Bn): 5.58

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