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Stock impact report

América Móvil (AMX) Benefits From Latin America Telecom Pricing Power [Yahoo! Finance]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Yahoo! Finance
of América Móvil SAB de CV (NYSE:AMX), rating it Neutral and setting a $26 price target on the company's shares. The firm stated that Latin American telecommunications entered a positive period in 2023-2024, with capital expenditures relaxing following 5G investments and industry consolidation strengthening pricing power. BofA Securities noted that improved cash generation in the industry has resulted in increased dividends for investors, a pattern that benefits telecoms companies throughout Latin America. América Móvil SAB de CV (NYSE:AMX) represents this trend, having paid dividends for the past 25 years. Furthermore, on December 19, América Móvil SAB de CV (NYSE:AMX) strengthened its grip on broadcasting the Olympics in Latin America, maintaining rights in 16 regions in an agreement that extends through and includes the Brisbane 2032 games. The new agreement covers events like the Winter Olympics in 2026 (Milano Cortina) and 2030 (French Alps), the Summer Olympics in 2028 (Lo Show less Read more
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