Mexico City—América Móvil, S.A.B. de C.V. (“América Móvil”) [BMV: AMX] [NYSE: AMX, AMOV], announced today its financial and operating results for the first quarter of 2025.

 

 

•

In the first quarter we added 2.4 million postpaid subs with Brazil leading the way with 987 thousand followed by Colombia with 163 thousand and Mexico with 133 thousand. In the prepaid segment we disconnected 1.0 million subs as Mexico and Brazil reported losses.

 

•

In the fixed-line segment we connected 446 thousand broadband accesses. Mexico gained 165 thousand clients, followed by Brazil with 98 thousand and Central America with 52 thousand.

 

•

First quarter revenue was up 14.1% year-on-year in Mexican peso terms to 232 billion pesos, with service revenue expanding 15.8% and adjusted EBITDA 13.3%. At constant exchange rates service revenue increased 6.1% and adjusted EBITDA 4.0%.

 

•

Mobile service revenue was up 5.7%, on the back of 8.8% postpaid revenue growth. On the fixed-line platform service revenue increased 6.7% at constant exchange rates. Broadband revenue grew 9.8% while PayTV rose 8.7%, the fastest pace seen in many quarters.

 

•

Operating profit totaled 44.8 billion pesos, up 10.0% year-on-year after depreciation and amortization charges that rose 16.1%, partly reflecting the incorporation of our Chilean operation.

 

•

Net income was up 38.6% to 18.7 billion pesos reflecting both the increase in our operating profit and a slight decrease in our comprehensive financing costs from the year-earlier quarter.

 

•

Net financing of 10.9 billion pesos, coupled with our operating cash flow, allowed us to cover 24.7 billion pesos in CapEx, 3.8 billion pesos in share buybacks and 7.0 billion pesos in labor obligations.

 

•

At the end of March, our net debt—excluding leases—stood at 500 billion pesos, and represented a net debt-to-EBITDAaL ratio of 1.50 times.

 

According to data published by the Instituto Federal de Telecomunicaciones (IFT) as of December 31st, 2024, market share figures for the mobile and fixed segment in Mexico are as follow:

 

Mobile Market (numbers in millions)						Fixed-line Market (numbers in millions)
		Subs		Market Share			RGUs			Broadband		Voice		PayTV		Total		Market Share
Telcel		83.8		55%			Telmex			11.2		10.2		0		21.3		27%
ATT		22.9		15%			Izzi/ Sky/ Bestel			5.6		8.3		11.6		25.5		33%
Movistar		21.6		14%			Totalplay			5.3		5.6		2.5		13.4		17%
BAIT		18.1		12%			Megacable			5.3		4.8		5.8		15.9		20%
Other		6.0		4%			Other			0.0		0.7		1.4		2.1		3%
Total		152.4		100%			Total			27.5		29.5		21.3		78.3		100%

Source: https://www.ift.org.mx/sites/default/files/contenidogeneral/estadisticas/reporteinformacionpreliminar4t2024.pdf

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe

 

 

  

América Móvil Fundamentals
			1Q25				1Q24
Earnings per Share (Mex$)(1)			0.31				0.22
Earning per ADR (US$)(2)			0.30				0.25
EBITDA per Share (Mex$)(3)			1.50				1.29
EBITDA per ADR (US$)			1.46				1.52
Net Income (millions of Mex$)			18,703				13,494
Average Shares Outstanding (billion)			60.9				62.3
Shares Outstanding End of Period (billion)			60.7				62.1

(1) Net Income / Average Shares Outstanding

(2) 20 shares per ADR

(3) EBITDA / Average Shares Outstanding

 

América Móvil’s Subsidiaries as of March 2025
Country		Brand		Main Activity		Equity
Mexico		Telcel		wireless		100.0%
		Telmex		wireline		100.0%
Argentina		Claro		wireless/wireline		100.0%
Austria		A1		wireless/wireline		60.8%
		EuroTeleSites		towers		57.0%
Brazil		Claro		wireless/wireline		99.6%
Chile		Claro		wireless/wireline		96.9%
Colombia		Claro		wireless/wireline		99.4%
Costa Rica		Claro		wireless/wireline		100.0%
The Dominican Republic		Claro		wireless/wireline		100.0%
Ecuador		Claro		wireless/wireline		100.0%
El Salvador		Claro		wireless/wireline		97.0%
Guatemala		Claro		wireless/wireline		99.3%
Honduras		Claro		wireless/wireline		100.0%
Nicaragua		Claro		wireless/wireline		99.6%
Paraguay		Claro		wireless/wireline		100.0%
Peru		Claro		wireless/wireline		100.0%
Puerto Rico		Claro		wireless/wireline		100.0%
Uruguay		Claro		wireless		100.0%

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

Note

The reported figures for Argentina corresponding to the first quarter of 2025 are presented in accordance with IAS29 reflecting the effects of inflationary accounting as the Argentinean economy is deemed to be hyperinflationary. All comparisons at constant exchange rates for América Móvil’s consolidated figures will exclude Argentina to ensure consistency.

Relevant Events

Annual shareholders’ meeting proposals

On March 18th, 2025 we announced that our Board of Directors will submit for approval at our annual shareholders’ meeting the following proposals: 1) the payment of an ordinary dividend of MXP$0.52 per share, payable in two equal installments and 2) the allocation of an additional 10 billion pesos to the share-buyback fund for the April 2025—April 2026 period.

Access Lines

2.4M postpaid net adds

In the first quarter we added 2.4 million postpaid subscribers with Brazil leading the way with 987 thousand clients followed by Colombia with 163 thousand and Mexico with 133 thousand. In the prepaid segment we posted 1.0 million net prepaid losses as Mexico and Brazil disconnected subs.

446k new broadband accesses

On the fixed-line segment we connected 446 thousand new broadband accesses. Mexico was the main contributor with 165 thousand clients, followed by Brazil with 98 thousand and Central America with 52 thousand. Voice lines and PayTV units fell by 130 thousand and 32 thousand, respectively.

At the end of March we had 402 million access lines. This figure comprises 324 million wireless subscribers—134 million were postpaid clients—and 78 million fixed-line RGUs: 35 million broadband accesses, 14 million Pay TV units and 29 million land-lines.

Mobile postpaid and fixed-broadband were the main drivers of our clients base, increasing by 6.1% and 4.3%, respectively.

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

Wireless subscribers as of March 2025
Total(1) (Thousands)
Country			Mar ’25				Dec ’24				Var.	%			Mar ’24				Var.	%
Brazil			87,587				87,145				0.5	%			87,652				-0.1	%
Central America			17,386				17,241				0.8	%			16,717				4.0	%
Caribbean			8,000				7,910				1.1	%			7,668				4.3	%
Colombia			41,250				40,953				0.7	%			39,744				3.8	%
Ecuador			9,949				9,862				0.9	%			9,479				5.0	%
Austria & Eastern Europe(2)			27,588				27,122				1.7	%			25,440				8.4	%
Mexico			83,925				84,613				-0.8	%			83,994				-0.1	%
Peru			12,749				12,686				0.5	%			12,645				0.8	%
Southern Cone(3)			35,486				35,060				1.2	%			33,226				6.8	%
Total Wireless Lines			323,920				322,593				0.4	%			316,566				2.3	%

(1) Includes total subscribers of all companies in which América Móvil holds an economic interest; does not consider the date in which the companies started being consolidated.

(2) Includes A1 Digital M2M subscribers.

(3) Includes Argentina, Chile, Paraguay and Uruguay.

 

Fixed-Line and Other Accesses (RGUs) as of March 2025
Total(1) (Thousands)
Country			Mar ’25				Dec ’24				Var.	%			Mar ’24				Var.	%
Brazil			22,265				22,390				-0.6	%			22,879				-2.7	%
Central America			5,310				5,203				2.1	%			4,963				7.0	%
Caribbean			2,861				2,843				0.6	%			2,800				2.1	%
Colombia			9,625				9,583				0.4	%			9,487				1.5	%
Ecuador			620				597				3.9	%			560				10.7	%
Austria & Eastern Europe			6,378				6,353				0.4	%			6,267				1.8	%
Mexico			22,090				21,936				0.7	%			21,598				2.3	%
Peru			1,953				1,971				-0.9	%			1,886				3.6	%
Southern Cone(2)			7,117				7,061				0.8	%			6,838				4.1	%
Total RGUs			78,220				77,936				0.4	%			77,279				1.2	%

(1) Includes total accesses of all companies in which América Móvil holds an economic interest; does not consider the date in which the companies started being consolidated. Includes fixed-line, broadband and television (Cable & DTH) accesses.

(2) Includes Argentina, Chile, Paraguay and Uruguay.

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

Broadband accesses as of March 2025
Total(1) (Thousands)
Country			Mar ’25				Dec ’24				Var.	%			Mar ’24				Var.	%
Brazil			10,378				10,279				1.0	%			10,083				2.9	%
Central America			1,737				1,685				3.1	%			1,573				10.5	%
Caribbean			1,102				1,086				1.4	%			1,061				3.9	%
Colombia			3,447				3,432				0.4	%			3,395				1.5	%
Ecuador			362				351				3.2	%			328				10.2	%
Austria & Eastern Europe			2,815				2,791				0.9	%			2,744				2.6	%
Mexico			11,374				11,209				1.5	%			10,814				5.2	%
Peru			1,076				1,058				1.7	%			1,010				6.5	%
Southern Cone(2)			3,169				3,123				1.5	%			3,001				5.6	%
Total Broadband Accesses			35,459				35,013				1.3	%			34,009				4.3	%

(1) Includes total accesses of all companies in which América Móvil holds an economic interest; does not consider the date in which the companies started being consolidated.

(2) Includes Argentina, Chile, Paraguay and Uruguay.

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

América Móvil Consolidated Results

The first quarter of the year began with interest rates surging ahead continuing their trend from early December, as the markets grew increasingly concerned with inflation on signs of a much stronger economy than had been expected. However, as inflation numbers came in within expectations and new payroll figures weakened, U.S. 10-year Treasury yields came down by a remarkable 60 basis points from mid-January to end the quarter at 4.20%. In the period most currencies in our region of operations appreciated vs. the U.S. dollar, but not the Mexican peso, which remained almost flat over the quarter as the uncertainty over potential new tariffs by the U.S. weighed on it. In the quarter, the US dollar lost 7.3% vs the Brazilian real, 4.9% vs the Colombian peso, 4.4% vs the Chilean peso and 4.2% vs the euro.

Our first quarter revenue was up 14.1% year-on-year in Mexican peso terms to 232 billion pesos, with service revenue expanding 15.8% and adjusted EBITDA 13.3%. The latter figures partly reflect the year-over-year appreciation of most currencies vs the Mexican peso, particularly the Colombian and Chilean pesos, up 18.0% and 14.0%, respectively; the dollar at 17.7% and the euro at 14.1%. At constant exchange rates service revenue increased 6.1% and EBITDA 3.7% before one-off adjustments, or 4.0% after the adjustments are made. Most of our operations saw their EBITDA margins increase sequentially.

Wireless service revenue climbed 5.7%, decelerating somewhat from the prior quarter, as prepaid revenue continued to slow down mostly on account of weaker economic activity in Mexico. Postpaid revenue growth remained fairly stable across the board and actually accelerated slightly to 8.8% when our Chilean operation is included.

On the fixed-line platform service revenue growth came in at 6.7% with corporate networks revenue appearing to slow down. This effect had mostly to do with the fact that in the year-earlier quarter that line item had had a very strong showing. Broadband revenue growth maintained its pace at 9.8% while that of PayTV came in at 8.7%, the fastest pace seen in many quarters.

The Central America and the Eastern European blocks were top performers in the period, exhibiting faster service revenue growth in both the fixed and the wireless platforms than they had had the preceding quarter.

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

Our first quarter operating profit totaled 44.8 billion pesos, a 10.0% year-on-year increase after depreciation and amortization charges that were up 16.1%, which partly reflects the incorporation of our Chilean operation.

With our comprehensive financing costs decreasing slightly from the year-earlier quarter our net income was up 38.6% to 18.7 billion pesos and was equivalent to 31 pesos cents per share and 30 dollar cents per ADR.

Our net debt stood at 500 billion pesos at the end of March not including capitalized lease obligations. It was equivalent to 1.50 LTM EBITDA. In cash flow terms it increased 10.9 billion pesos in the quarter, helping us fund capital expenditures in the amount of 24.7 billion pesos, share buybacks of 3.8 billion pesos and 7.0 billion pesos in labor obligations.

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

América Móvil’s Income Statement  Millions of Mexican pesos
		1Q25				1Q24				Var.%
Service Revenue			197,923				170,890				15.8	%
Equipment Revenue			31,767				29,963				6.0	%
Other Revenue			2,348				2,444				-3.9	%
Total Revenue			232,038				203,298				14.1	%
Cost of Service			59,657				51,920				14.9	%
Cost of Equipment			27,864				25,916				7.5	%
Selling, General & Administrative Expenses			51,938				43,599				19.1	%
Others			1,531				1,279				19.7	%
Total Costs and Expenses			140,990				122,714				14.9	%
EBITDA			91,048				80,584				13.0	%
% of Total Revenue			39.2	%			39.6	%
Adjusted EBITDA(1)			91,048				80,328				13.3	%
% of Total Revenue			39.2	%			39.6	%
Depreciation & Amortization			46,234				39,826				16.1	%
EBIT			44,814				40,758				10.0	%
% of Total Revenue			19.3	%			20.0	%
Net Interest Expenses			12,711				11,278				12.7	%
Other Financial Expenses			-450				756				-159.5	%
Foreign Exchange Loss			1,179				1,674				-29.6	%
Comprehensive Financing Cost (Income)			13,440				13,708				-2.0	%
Income & Deferred Taxes			11,687				11,161				4.7	%
Net Income before Minority Interest and Equity Participation in Results of Affiliates			19,687				15,889				23.9	%
Equity Participation in Results of Affiliates			27				-1,581				101.7	%
Minority Interest			-1,011				-814				-24.1	%
Net Income			18,703				13,494				38.6	%

(1) Adjusted for extraordinary items, particularly the sale of towers by Telmex in the first quarter of 2024.

n.m. Not meaningful.

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

Balance Sheet - América Móvil Consolidated(1)  Millions of Mexican Pesos
		Mar ‘25				Dec ‘24				Var.%						Mar ‘25				Dec ‘24				Var.%
Current Assets														Current Liabilities
Cash, Marketable Securities & Other Short Term Investments			88,363				83,336				6.0	%		Short Term Debt			122,974				104,211				18.0	%
Accounts Receivable			242,528				231,791				4.6	%		Lease-Related Debt			36,302				35,437				2.4	%
Other Current Assets			26,344				14,820				77.8	%		Accounts Payable			149,797				155,697				-3.8	%
Inventories			27,339				23,751				15.1	%		Other Current Liabilities			231,852				199,056				16.5	%
			384,574				353,698				8.7	%					540,926				494,401				9.4	%
Non Current Assets														Non Current Liabilities
Plant & Equipment, gross			1,553,135				1,478,763				5.0	%		Long Term Debt			465,263				463,375				0.4	%
-Depreciation			828,863				764,979				8.4	%		Lease-Related Debt			185,013				177,666				4.1	%
Plant & Equipment, net			724,272				713,784				1.5	%		Other Liabilities			230,026				226,294				1.6	%
Rights of Use			206,958				199,460				3.8	%					880,302				867,336				1.5	%
Investments in Affiliates and Other Investments			19,486				17,587				10.8	%
Deferred Assets
Goodwill (Net)			162,203				156,836				3.4	%
Intangible Assets			148,173				141,737				4.5	%		Shareholder’s Equity			444,796				432,184				2.9	%
Deferred Assets			220,360				210,818				4.5	%
Total Assets			1,866,024				1,793,921				4.0	%		Total Liabilities and Equity			1,866,024				1,793,921				4.0	%

(1) Includes current portion of Long Term Debt.

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

Mexico

133k postpaid net adds & 165k new broadband accesses

In the first quarter we gained 133 thousand postpaid subscribers and disconnected 821 thousand prepaids, the latter a reflection of the economic slowdown in the country that has been observed over the last several months. Altogether we had 83.9 million wireless subscribers at the end of the quarter. According to figures published by IFT, our market share at the end of December was 54.7%.

Broadband net additions came in strong at 165 thousand. Our fixed-line base reached 22.1 million RGUs. Telmex is set to maintain its prices and remains highly competitive in its commercial offers featuring high-speed internet and attractive content packages. At the end of December, Telmex’s broadband market share was 40%.

Service revenue +1.0% YoY; broadband revenue +6.9% YoY

Revenue totaled 82.1 billion Mexican pesos in the period, a 2.3% decline over the year-earlier quarter brought about by a 14.3% reduction in equipment sales. Service revenue was up 1.0% with mobile revenue increasing 0.8% and fixed-line service revenue rising 1.5%. Broadband revenue expanded 6.9%, its best performance in three quarters. However, the growth rate for fixed-line service revenue is affected by certain corporate networks projects registered in the year-earlier quarter. On the mobile front postpaid revenue growth was stable at 5.5%, while prepaid revenue declined 2.5% over the prior year, very much resulting from the economic deceleration in the country as ARPU declined 2.2%.

EBITDA margin at 41.9%

EBITDA came in at 34.4 billion pesos and was down -2.8% after one-offs. In addition to these adjustments it is important to note that the booking of certain IT projects a year ago mentioned above had an impact on the EBITDA for the period which observed then an 11.0% year-on-year increase. The EBITDA margin, 41.9%, was up sequentially, from 41.3%.

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

INCOME STATEMENT - Mexico Millions of MxP
		1Q25				1Q24				Var.%
Total Revenue(1)			82,107				83,998				-2.3%
Total Service Revenue			66,124				65,450				1.0%
Wireless Revenue			58,792				60,809				-3.3%
Service Revenue			44,754				44,392				0.8%
Equipment Revenue			14,038				16,416				-14.5%
Fixed Line Revenue(2)			21,454				21,126				1.6%
Other Revenue			1,862				2,064				-9.8%
EBITDA			34,409				35,641				-3.5%
% total revenue			41.9%				42.4%
Adjusted EBITDA(3)			34,409				35,385				-2.8%
% total revenue			41.9%				42.3%
EBIT			25,896				27,305				-5.2%
% total revenue			31.5%				32.5%

(1) Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.

(2) Includes equipment revenue.

(3) Adjusted for the sale of towers in Telmex in 2024.

  Mexico Operating Data

 

		1Q25				1Q24				Var.%
Wireless Subscribers (thousands)			83,925				83,994				-0.1%
Postpaid			15,583				15,103				3.2%
Prepaid			68,341				68,891				-0.8%
ARPU (MxP)			178				176				0.8%
Churn (%)			3.3%				3.1%				0.1
Revenue Generating Units (RGUs)(1)			22,090				21,598				2.3%
Total Fixed Lines			10,716				10,785				-0.6%
Fixed Lines			9,405				9,467				-0.7%
Public Telephony (payphones)			566				567				-0.1%
Social Telephony Lines			745				751				-0.9%
Broadband			11,374				10,814				5.2%

(1) Fixed Line and Broadband.

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

Brazil

987k postpaid net adds & 98k new broadband accesses

We added 987 thousand postpaid subscribers in the first quarter and disconnected 545 thousand prepaid subs, with our wireless subscriber base reaching 87.6 million subscribers at the end of March. On the fixed-line platform RGUs were down 125 thousand in the period on less land-lines and PayTV accesses; broadband acceses were up 98 thousand.

Mobile service revenue +8.8% YoY

Revenue rose 6.2% year-on-year to 12.5 billion reais, with service revenue up 6.0% on the back of 8.8% mobile revenue growth, as postpaid revenue expanded 11.5% and prepaid revenue declined 2.6%. On the fixed-line platform service revenue climbed 2.6% with PayTV revenue down 3.1%—its smallest rate of decline in at least a year—and broadband revenue decelerating to 5.1%. Although it represents only 11.4% of service revenue, corporate networks revenue had an important contribution, as it surged 16.4% from the year-earlier quarter.

EBITDA +8.1% YoY

EBITDA came in at 5.5 billion reais, an 8.1% increase, with the EBITDA margin reaching 44.1% on greater operating leverage and strong cost controls.

  INCOME STATEMENT - Brazil Millions of BrL

 

		1Q25				1Q24				Var.%
Total Revenue(1)			12,460				11,728				6.2%
Total Service Revenue			11,865				11,190				6.0%
Wireless Revenue			7,356				6,755				8.9%
Service Revenue			6,782				6,236				8.8%
Equipment Revenue			574				520				10.5%
Fixed Line Revenue(2)			5,082				4,955				2.6%
EBITDA			5,491				5,080				8.1%
% total revenue			44.1%				43.3%
EBIT			2,326				1,940				19.9%
% total revenue			18.7%				16.5%

(1) Revenue reflects eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenue includes other revenue.

(2) Includes equipment revenue.

 

		Content
		Highlights
		Relevant events
		Subscribers
		América
		Móvil
		Consolidated
		Mexico
		Brazil
		Colombia
		Other South
		America
		Southern
		Cone
		Central
		America
		and The
		Caribbean
		Austria &
		Eastern
		Europe
		Currency
		Exchange
		Rates
		Appendix
		Glossary

 

 

  

  Brazil Operating Data

		1Q25				1Q24				Var.%
Wireless Subscribers (thousands)			87,587				87,652				-0.1%
Postpaid			54,883				52,043				5.5%
Prepaid			32,704				35,609				-8.2%
ARPU (BrL)			26				24				8.7%
Churn (%)			2.4%				2.4%				(0.0)
Revenue Generating Units (RGUs)(1)			22,265				22,879				-2.7%
Fixed Lines			7,254				7,787				-6.8%
Broadband			10,378				10,083				2.9%
PayTV			4,634				5,009				-7.5%

(1) Fixed Line, Broadband and Television.