America Movil Sees Annual Capex At 14%-15% of Revenues -- Market Talk
Dow Jones02-12
1213 ET - America Movil expects capital expenditures to be around 14% or 15% of revenue over the next two or three years, implying annual investment of around $7 billion, CEO Daniel Hajj says. The telecommunications company hasn't finalized its capex plan for 2026, but it's likely to be about $6.8 billion or $7 billion, he tells analysts on a conference call. AMX shares are up 2.3% on the Mexican stock exchange after the company reported a nearly fivefold increase in 4Q net profit, largely on lower financial costs. 4Q revenue and EBITDA rose 3.4% and 4.2%, respectively. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
February 11, 2026 12:13 ET (17:13 GMT)
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