Emilio Fuentes

Emilio Fuentes from GBM questioned the sustainability of América Móvil's strong fixed broadband net additions in Mexico, particularly as market penetration increases.

Answer

Chief Fixed-Line Operations Officer Óscar von Hauske affirmed the sustainability of the positive trend in Mexico's fixed broadband net adds. He attributed this to effective promotions, successful bundles with streaming services, increased speeds, and a high fiber penetration rate of 92% among customers, expecting the trend to continue throughout the year.

Emilio Fuentes asked about the sustainability of América Móvil's strong fixed broadband net additions in Mexico over recent quarters, particularly as market penetration for this service increases.

Answer

Oscar Von Hauske (COO) indicated that América Móvil anticipates the positive trend in fixed broadband net additions in Mexico to continue. He attributed this to successful market promotions, attractive bundles with streaming services, increased internet speeds, and a high fiber penetration rate (92% of customers), all contributing to customer retention.

Emilio Fuentes of GBM asked about Televisa Univision's strategy regarding the bundling of content and distribution, and whether Sky's subscriber losses could become a financial burden.

Answer

Co-CEO Alfonso de Angoitia Noriega stated that while they monitor industry unbundling, their distribution business remains a $1.1B revenue stream and bundling currently makes sense. Francisco Valim, CEO of IZZI, explained that Sky's cost structure is now fully integrated, making it a high-margin revenue stream with variable costs, not a potential burden. He added that installation fees ensure a positive payback on new subscribers.