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América Móvil S.A.B de C.V (NYSE: AMX), a telecommunications giant headquartered in Mexico City, stands as the seventh-largest mobile network operator globally by equity subscribers. The company serves approximately 285 million wireless customers across Latin America and offers a broad spectrum of services, including fixed-line phone, internet access, and television. As the predominant telecom carrier in Latin America, América Móvil holds around 60% of the Mexican wireless market share and serves nearly half of the country’s fixed-line internet customers.
Core Markets:
Mexico is the largest market for América Móvil, contributing about 35% to its service revenue. Brazil follows as the second most significant market, accounting for 20% of service revenue. The company also maintains a strategic presence in Europe, possessing a 58% stake in Telekom Austria and a 15% stake in Dutch carrier KPN.
Strategic Movements and Achievements:
In 2021, América Móvil sold its low-margin wireless resale business in the U.S. to Verizon, retaining a 1.4% stake in the telecom giant. The company continues to innovate and expand its service offerings, recently launching the Secure Managed LAN solution in collaboration with Fortinet to enhance business connectivity and cybersecurity.
Partnerships:
América Móvil's subsidiary, Claro Enterprise Solutions, recently entered into a partnership with Inter Miami CF, marking a significant step in enhancing brand visibility and technological collaboration in sports.
Workplace Culture:
Claro Enterprise Solutions has been recognized as a Great Place To Work® Certified™ organization, with 92% of employees affirming it as an excellent workplace. This reflects the company’s dedication to fostering a positive and inclusive work environment.
Recent Developments:
América Móvil continues to focus on integrating advanced technologies like AI, cloud computing, and IoT to improve service delivery and customer experience. With a robust financial performance and strategic investments, América Móvil remains a formidable player in the global telecommunications arena.
Claro Enterprise Solutions has expanded its technology services to support merger and acquisition activities, focusing on both buy-side and sell-side operations. The company introduced new cloud migration, cyber security, and managed service solutions aimed at streamlining technology integration and enhancing security. Key offerings include Cloud Data Security with Microsoft 365™ integration, Cloud Data Migration services, and comprehensive Cyber Threat Detection & Response capabilities through Managed Detection and Response (MDR) and CyberSOC solutions. In one customer implementation, the company identified and remediated over 30,000 abandoned links and saved over 100 hours in manual IT configuration.
Claro Enterprise Solutions has launched its Collaboration Security Management solution during its virtual summit on cyber-physical future trends. The new offering addresses security challenges in Microsoft 365 environments, focusing on file sharing, data loss prevention, and shadow user detection.
The solution features comprehensive data risk assessment, expert security oversight, audit readiness for various compliance standards (GDPR, HIPAA, PCI), and guided remediation. It includes Cloud Backup and Professional Services to prevent misconfigurations.
The company will host a follow-up session on December 4, 2024, from 2:30-3:30 p.m. EST, exploring security risks in collaboration tools and demonstrating the solution's benefits.
ICARO Media Group has entered a 10-year contract with Claro Brasil, a subsidiary of América Móvil (NYSE: AMX), to enhance advertising revenue through various digital platforms. This partnership, in collaboration with RioVerde, will leverage ICARO's AI technology and media expertise to monetize Claro's digital advertising inventory across internet, web portals, native apps, and pay-TV channels.
Claro Brasil, serving over 87 million mobile customers, is the second-largest mobile operator in Brazil and América Móvil's largest subsidiary. The collaboration aims to capitalize on Claro's extensive reach, covering more than 4,800 Brazilian municipalities and approximately 98% of the population.
This strategic alliance underscores ICARO's commitment to generating monetizable value for its partners in the largest LATAM market, further solidifying its position in the telecommunications and media technology sectors.
Claro Enterprise Solutions, a technology provider for growing organizations, is hosting a virtual summit on October 16, 2024, from 2:00-3:00 PM EST. The webinar, titled 'Shaping the Cyber-Physical Future: Trends, Challenges, and Opportunities for 2025', aims to help businesses navigate the complex landscape of cyber-physical security.
The session will feature speakers from Claro Enterprise Solutions and Thought Marketing, who will discuss emerging threats, trends, and priorities for businesses in 2025. Topics include ransomware attacks, supply chain vulnerabilities, IoT devices, AI and ML, as well as the need for enhanced data privacy and proactive threat detection.
Attendees will gain insights into addressing security concerns and capitalizing on opportunities presented by the convergence of cyber and physical security. Claro Enterprise Solutions will also unveil its vision for a secure, interconnected future and share product innovations designed for the cyber-physical era.
Claro Enterprise Solutions has unveiled a new AI-Enhanced Back-to-School Safety and Security Starter Kit to address both cyber and physical threats in schools. The kit includes:
1. AI Video Analytics: Enhances existing surveillance with AI-powered threat detection and rapid response alerts.
2. Security Awareness Training: Offers interactive online training and simulated phishing tests to strengthen cyber defenses.
The solution aims to provide enhanced situational awareness, intelligent video analytics, rapid incident response, and seamless integration with existing infrastructure. It also focuses on improving cyber security awareness through personalized training and AI-driven testing.
Claro Enterprise Solutions will showcase this kit at the National Student Safety & Security Conference in Houston from Oct. 28-30, 2024.
Claro Enterprise Solutions, a subsidiary of América Móvil (AMX), is set to debut its innovative cyber-physical security convergence initiative at the Black Hat conference in Las Vegas. The company will showcase its AI Video Analytics solution, demonstrating how AI-infused video technology can transform physical security management. Claro's approach integrates cybersecurity, AI, and IoT to enhance threat detection accuracy and speed.
The initiative aims to address the growing need for converged physical and cyber security, with Gartner predicting that 60% of enterprises will unify these areas under single leadership by 2027. Claro's comprehensive approach includes AI Video Analytics, cyber security services, and a Security Operations Center as a Service (SOCaaS). The company will also host a breakout session on August 7, 2024, focusing on AI applications in physical security for cyber systems.
Claro Enterprise Solutions has been awarded Comparably's Best Leadership Team award for 2024, a recognition based on employee ratings of the company's leadership and management. This prestigious accolade reflects the positive workplace environment fostered by Claro Enterprise Solutions and highlights the effectiveness of its leadership team.
The award is based on comprehensive feedback from employees evaluating their CEO, leadership teams, and direct managers. Claro Enterprise Solutions emphasizes that while the leadership team acts as a catalyst, it's the dedicated employees who drive the company's success and growth. The company views its leaders as enablers, empowering the talent throughout the organization to increase customer success and spur growth.
Claro Enterprise Solutions has launched a new AI Video Analytics sensor to enhance school safety by detecting bullying and vaping on campus. This advanced, AI-driven technology leverages computer vision to protect students from significant health risks and psychological harm. The sensor's features include motion, sound, vape, and smoke detection, and it provides real-time alerts to campus security for quick intervention. Preliminary use at an academic institution has shown significant improvements in campus safety. Claro will showcase this innovation at upcoming safety conferences in Orlando and New York City.
América Móvil, S.A.B. de C.V. (AMX) has filed its annual report for the fiscal year 2023 with the SEC, CNBV, and BMV. The report is available in English and Spanish on various websites. AMX is a top telecommunication services provider with millions of subscribers.
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