America Movil Capex reaches $9.7 billion in 2013

Latin American telecom operator America Movil on Wednesday said its Capex (capital spending) touched $9.75 billion (129.6 billion pesos) in 2013.

America Movil’s fourth quarter revenues rose 3.1 percent to 204 billion pesos from the year-earlier quarter.

Growth drivers include PayTV sales that increased 21.8 percent, mobile data revenues at 18.9 percent. Fixed-voice fell 3.0 percent, while fixed-data grew 10 percent.

America Movil posted fourth quarter profit of 17.2 billion pesos ($1.31 billion), up from 14.9 billion pesos a year earlier.

America Movil added 4.8 million wireless clients and 1.2 million RGUs in the fourth quarter to finish December with 339 million accesses, 4.2 percent more than a year before. This figure includes 270 million wireless subscribers and 69 million RGUs. Fixed-line division increased 8.2 percent whereas wireless subscriber base rose 3.2 percent.

America Movil Capex in 2013

The telecom operator added 1.3 million new wireless subscribers in Brazil, one million in Mexico, 616 thousand in the U.S. and 614 thousand in Colombia.

Mexico represents 27.2 percent of total wireless subscriber base, Brazil 25.5 percent and Colombia 10.7 percent. Operations in the US and in the Central America-Caribbean block, account each for approximately 8.5 percent of the total.

Brazil is its largest fixed-line operation with 32.7 million accesses — 47.1 percent of the total base –14.3 percent more in relation to the prior year. PayTV and fixed-broadband accesses were up 17.9 percent and 16.3 percent, respectively.

Mexico represents 32.3 percent of the total fixed base, Central America and the Caribbean 9.4 percent and Colombia 6.8 percent. In relative terms, Ecuador and the Argentinean block had the highest growth rate at 25.3 percent.

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