Telecom
America Movil Sees Service Revenue Growth Across Geographies
Carlos Slim, chairman emeritus of America Movil SAB.
Photographer: Luis Antonio Rojas/BloombergBillionaire Carlos Slim’s wireless provider America Movil SAB saw its service revenue grow 7.3% in the second quarter year over year, a sign it’s starting to benefit from a strengthening Mexico economy.
Shares rose 3.9% at 10:30 a.m. in Mexico City trading Wednesday.