América Móvil is the largest telecom company in Latin America, with 362 million access lines, of which 281 million are wireless subscribers. In Latin America, the company operates in a broad set of geographies, including Argentina, Brazil, Caribbean, Central America, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, and Uruguay.
Overall, the company’s two largest countries of operation are Mexico and Brazil. Firstly, in Mexico, América Móvil operates under the brand Telcel, which has 76.6 million subscribers, equating to ~63% market share. Secondly, in Brazil, the company operates under the brands Claro and Nextel, which have 60.0 million subscribers, equating to ~27% market share.