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America Movil SAB de CV

Companies/Mexico  •  Curated by Admin Timeline.sg

Corporate history of América Móvil SAB de CV, a Mexican telecommunications conglomerate, tracing its founding, growth, leadership, and market milestones from 1981 to the present.

Chronological Storyline (32 Milestones)

1981 CE

Telcel founded as Radiomóvil Dipsa

Radiomóvil Dipsa S.A. de C.V. is established to operate cellular networks in Mexico. #telecom #Mexico

Telcel founded as Radiomóvil Dipsa
Telcel founded as Radiomóvil Dipsa
By Gzzz - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=82079032
1989 CE

Launch of first cellular network in Mexico

Telcel launches Mexico's first cellular network, marking the beginning of mobile telecommunications in the country. #telecom #Mexico

1990 CE

Telcel becomes part of Carso Group

Carlos Slim's Carso Group acquires a controlling stake in Telcel, integrating it into the conglomerate. #corporate #Mexico

1994 CE

Telcel acquires cellular licenses

Telcel obtains new cellular licenses to expand coverage across Mexico, strengthening its market position. #telecom #Mexico

1996 CE

Launch of prepaid service 'Amigo'

Telcel introduces the prepaid mobile service 'Amigo', revolutionizing access to mobile phones in Mexico. #telecom #innovation

Sep 1, 2000 CE

América Móvil created as spin-off from Telmex

América Móvil is established as a separate entity spun off from Telmex to focus on wireless operations. #corporate #Mexico

Jan 25, 2001 CE

America Movil listed on BMV and NYSE

América Móvil holds its initial public offering on the Mexican Stock Exchange (BMV) and New York Stock Exchange (NYSE). #finance #IPO

2001 CE

Acquisition of wireless operations in Guatemala

América Móvil enters the Central American market by acquiring PCS Digital and other wireless assets in Guatemala. #expansion #telecom

2002 CE

Expansion into South America

América Móvil starts operations in Brazil, Argentina, and other South American countries through acquisitions and new licenses. #expansion #telecom

2003 CE

Acquisition of Verizon's Latin American assets

América Móvil purchases Verizon's wireless operations in Latin America, significantly expanding its footprint. #acquisition #telecom

2004 CE

Becomes largest mobile operator in Latin America

With over 100 million subscribers, América Móvil becomes the largest mobile telecom operator in Latin America. #growth #telecom

2005 CE

Acquisition of Cingular's Latin American operations

América Móvil acquires Cingular Wireless's assets in Latin America, including operations in Puerto Rico and the Caribbean. #acquisition #expansion

Jul 1, 2006 CE

Acquisition of Telecom Italia's mobile assets in Brazil

América Móvil buys Telecom Italia's Brazilian mobile arm, solidifying its position as a major player in Brazil. #acquisition #Brazil

2007 CE

Launch of 3G services

América Móvil launches third-generation (3G) mobile services across its key markets, boosting data capabilities. #technology #3G

2008 CE

Acquisition of Comcel in Colombia

América Móvil acquires Comcel, Colombia's largest mobile operator, further consolidating its Latin American leadership. #acquisition #Colombia

2009 CE

Consolidation under Claro brand

América Móvil unifies its Latin American operations under the Claro brand, creating a consistent regional identity. #branding #telecom )

Consolidation under Claro brand
Consolidation under Claro brand
By Claro - https://logos.fandom.com/wiki/Claro, Public domain, https://commons.wikimedia.org/w/index.php?curid=185799676
2010 CE

Launch of 4G LTE in Mexico

América Móvil introduces fourth-generation LTE mobile broadband in Mexico, enhancing internet speeds. #technology #4G

2011 CE

Acquisition of Telmex fixed-line business

América Móvil acquires the fixed-line telecommunications assets of Telmex, becoming a full-service telecom provider. #acquisition #broadband

2012 CE

Regulatory reforms and antitrust scrutiny

Mexico's telecommunications reform leads to antitrust measures targeting América Móvil's dominant market share. #regulation #antitrust

2013 CE

Majority stake in Telekom Austria

América Móvil acquires a controlling stake in Telekom Austria, expanding into European markets. #expansion #Europe

Mar 1, 2014 CE

Divestiture of assets to comply with antitrust

Due to a new telecommunications law in Mexico, América Móvil sells parts of its network infrastructure to reduce market dominance. #regulation #divestiture

2015 CE

Launch of 'Sin Límites' unlimited plans

América Móvil introduces 'Sin Límites' (Unlimited) prepaid plans in Mexico, offering unlimited calls and data to counter competition. #innovation #marketing

2016 CE

Further asset sales to reduce market share

América Móvil sells additional telecom assets in Mexico, including fiber networks, to meet regulatory requirements. #regulation #divestiture

2017 CE

Partnership with AT&T

América Móvil signs a partnership with AT&T for cross-border services between the U.S. and Mexico. #partnership #telecom

2018 CE

Launch of 5G trials

América Móvil begins 5G network trials in Mexico City, preparing for next-generation mobile technology. #technology #5G

Feb 21, 2019 CE

Carlos Slim steps down as CEO

Carlos Slim Helú resigns as CEO of América Móvil, succeeded by his son Carlos Slim Domit, signaling generational transition. #leadership #succession

Mar 1, 2020 CE

COVID-19 pandemic impact on operations

During the COVID-19 pandemic, América Móvil experiences increased demand for connectivity but faces operational challenges. #pandemic #telecom

2021 CE

Acquisition of pai Brasil S.A.

América Móvil acquires the Brazilian telecom infrastructure company pai Brasil, bolstering its fiber network in Brazil. #acquisition #infrastructure

Jun 1, 2022 CE

Commercial launch of 5G in Mexico

América Móvil launches commercial 5G services in Mexico, starting with key cities. #technology #5G

2023 CE

Expansion of fiber optic network

América Móvil expands its fiber-to-the-home (FTTH) network to over 20 million homes in Latin America. #broadband #infrastructure

2024 CE

Market capitalization reaches $70 billion

América Móvil's market cap peaks at around $70 billion, reflecting strong performance and investor confidence. #finance #marketcap

Jan 1, 2025 CE

Announcement of $5 billion investment in 5G and fiber

América Móvil announces a capital expenditure plan of $5 billion to accelerate 5G deployment and fiber expansion across Latin America. #investment #technology