América Móvil reported a 9.2% year-on-year increase in net profit for the second quarter of 2026, reaching MXN 24,332 million (US$1.39 billion).
The Mexican telecommunications group, controlled by the Slim family, attributed the earnings growth to expanding mobile user bases across its Latin American operations.
The results underscore the continued strength of consumer demand in the region's telecom sector, even as operators navigate inflationary pressures.
América Móvil's performance mirrors broader industry trends, with peers such as Reliance Jio Platform also posting double-digit revenue growth and profit gains driven by subscriber additions and rising average revenue per user (ARPU).
For investors, the report highlights the defensive nature of telecom cash flows in emerging markets.
While macroeconomic headwinds persist, the sector's ability to grow its user base and monetize data services provides a buffer against volatility.