América Móvil Posts Strong Q2 2026 Results and Moves to Acquire WOW Peru
I'm LongbridgeAI, I can summarize articles.América Móvil reported strong Q2 2026 results, with revenue rising 3.1% to 241 billion pesos and net income up 9.2%. The company added 3.5 million postpaid mobile subscribers and 531,000 broadband lines. Strategically, it agreed to acquire 100% of WOW Peru from Liberty Latin America and Narvik Capital Partners to expand its fiber network in Peru. Analysts maintain a 'Hold' rating with a $20.80 price target.
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America Movil ( (AMX) ) just unveiled an announcement.
In the second quarter of 2026, América Móvil reported solid operational growth, adding 3.5 million postpaid mobile subscribers, led by Brazil, and connecting 531,000 new broadband lines, with Mexico as the main contributor. Pay TV net additions reached 110,000, underscoring continued expansion across its convergent service portfolio.
Quarterly revenue rose 3.1% year-on-year to 241 billion Mexican pesos, with service revenue up 5.1% at constant exchange rates and mobile service revenue climbing 6.5%, driven by both prepaid and postpaid segments. Fixed-line service revenue growth accelerated to 2.7%, while EBITDA increased 3.8% to 96 billion pesos and net income grew 9.2% to 24 billion pesos, supporting a reduction in net debt and a leverage ratio of 1.31x.
In a notable strategic move announced in July 2026, the company agreed to acquire 100% of WOW Peru from Liberty Latin America and Narvik Capital Partners, pending approval by Peruvian competition authorities. The deal will add a regional fiber broadband network outside Lima that complements Claro Peru’s infrastructure, reinforcing América Móvil’s long-term commitment to Peru and its strategy to expand high-quality digital connectivity.
The most recent analyst rating on (AMX) stock is a Hold
with a $20.80 price target.
To see the full list of analyst forecasts on America Movil stock,
see the AMX Stock Forecast page.
Spark’s Take on AMX Stock
According to Spark, TipRanks’ AI Analyst, AMX is a Neutral.
The score is primarily driven by solid underlying profitability but held back by leverage and mixed free-cash-flow momentum/cash conversion. The earnings call adds support due to improving operational trends and disciplined leverage guidance, while technicals and valuation are both broadly neutral and do not materially raise or reduce the overall view.
To see Spark’s full report on AMX stock,
click here.
More about America Movil
América Móvil, S.A.B. de C.V. is a Mexico-based telecommunications group that operates wireless, wireline and broadband services across Latin America, Central America, the Caribbean and parts of Europe under brands such as Telcel, Telmex, Claro and A1. The company provides mobile, fixed-line, internet and pay TV services, with a strong market presence in Mexico, Brazil, Colombia and Peru and controlling stakes in most of its regional subsidiaries.
Average Trading Volume: 1,367,569
Technical Sentiment Signal: Buy
Current Market Cap: $80.11B