Unknown Analyst's questions to America Movil SAB de CV (AMX) leadership • Q4 2024
Question
An analyst from Goldman Sachs asked about the competitive impact of Walmex's MVNO in Mexico and questioned if the recent decline in equipment sales revenue is expected to continue.
Answer
CEO Daniel Hajj Aboumrad attributed the drop in equipment sales to a slowing economy and a stronger dollar making devices more expensive. He characterized the Walmex MVNO as an established competitor focused on the low-ARPU segment, stating that the primary headwind for prepaid is the broader economic slowdown rather than a change in the competitive landscape.