Shares in telecoms giant America Movil climb after strong Q3 report-March 2024-www.financetom.com

Shares in telecoms giant America Movil climb after strong Q3 report

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Shares in telecoms giant America Movil climb after strong Q3 report

Oct 17, 2024 1:40 PM

MEXICO CITY (Reuters) - Shares in Mexican telecommunications giant America Movil jumped 2% in Wednesday morning trading after the company reported strong results in the third quarter.

America Movil said on Tuesday that it had more than tripled its quarterly net profit as a weaker peso boosted its earnings abroad and as the company lowered financing costs.

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