AMX

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High-profile Latin American wireless provider America Movil SAB de CV (AMX), first discussed here on June 24, 2009 at a price of $36.47, has weathered the market’s recent gyrations very well, and I obviously still like the shares here.

America Movil remains a new business titan with promise. Look for America Movil to post 10-12% revenue growth in 2010, followed by 11-14% revenue growth in 2011, led by improving performance in two, key markets: Brazil and Mexico. Subscriber growth should remain in the strong 9-11% range, in 2010, and margins will likely increase slightly.

Continue reading America Movil: Promising Latin American Wireless Play

America Movil: Promising Latin American Wireless Play originally appeared on BloggingStocks on Tue, 15 Jun 2010 16:30:00 EST. Please see our terms for use of feeds.

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Latin AmericaMexicoAmerica MovilAmérica MóvilBusiness

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The credit crunch persists in the United States — just ask some small businesses in your area on the efforts to secure additional credit for their operations — but the emerging market debt market is showing both signs of recovery and capital waiting for deployment.

One example: America Movil SAB (AMX), Latin America’s largest cell phone company, with 205 million subscribers, has raised $4 billion in the largest emerging market bond sale of the year, Bloomberg News reported.

America Movil’s shares rose 23 cents to $49.64 in Thursday afternoon trading.

Continue reading America Movil’s $4 Billion Bond Offering Shows Capital Is Out There

America Movil’s $4 Billion Bond Offering Shows Capital Is Out There originally appeared on BloggingStocks on Thu, 25 Mar 2010 16:30:00 EST. Please see our terms for use of feeds.

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Premiere Latin American wireless provider America Movil SAB de CV (AMX), first mentioned here on June 24, 2009 at a price of $36.47, remains a new business titan with promise.

Look America Movil to post 10-12% revenue growth in 2010, followed by 11-14% revenue growth in 2011, led by improving performance in two, key markets: Brazil and Mexico. Subscriber growth should remain in the strong 9-11% range.

Continue reading America Movil: Latin American Wireless Provider Extraordinaire

America Movil: Latin American Wireless Provider Extraordinaire originally appeared on BloggingStocks on Thu, 11 Mar 2010 18:00:00 EST. Please see our terms for use of feeds.

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