MEXICO CITY, May 27 – Latin America’s leading telecommunications company America Movil has revealed its business strategy extending to 2028, projecting consistent financial expansion while maintaining capital investments at roughly $7 billion annually, based on information from a J.P. Morgan analyst note.
The company’s investor presentation took place behind closed doors without media access. A company spokesperson did not provide immediate confirmation of the reported financial projections when contacted for comment.
During the New York investor meeting, America Movil forecasted annual service revenue growth averaging between 4.0% and 5.0% from 2026 through 2028. The company also expects earnings before interest, taxes, depreciation and amortization to climb by 4.5% to 6.0% each year during this timeframe.
The telecommunications leader intends to maintain its yearly capital expenditures near $7 billion, representing a total investment of $21 billion across the three-year span. Company leadership explained this spending level is achievable since America Movil has largely finished acquiring expensive radio spectrum licenses needed for its 5G infrastructure.
This consistent investment approach is projected to produce substantial cash flow, which the company plans to allocate toward corporate acquisitions, debt reduction, and shareholder returns.
Leadership confirmed they are pursuing potential acquisition targets, specifically noting interest in financially distressed internet service providers operating in Brazil and telecommunications companies located in Eastern European nations including Serbia and Slovenia.
Regarding major markets such as Brazil and Colombia, company executives expressed an “aspiration to join the club of 50,” describing their long-range objective of reaching 50% profit margins in these regions.
