On its third-quarter 2026 earnings call, held on Oct. 21, 2026, América Móvil, S.A.B. de C.V. (NYSE:AMX) reported total revenue of 251 billion Mexican pesos (MXN), a 7.6% year-over-year revenue increase. Subscribers upgrading to premium mobile tiers are driving higher average revenue per user across primary markets. Cash generation funded capital investments while enabling significant net debt reduction. Three takeaways from the call highlight its operational direction. Customers renewing their contracts are moving to higher-tier mobile plans. This migration increases average revenue per user (ARPU, the monthly revenue earned per active subscriber) without requiring higher acquisition spending.
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