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América Móvil to Acquire 73% Stake in Brazil’s Desktop

Story Highlights
  • On March 22, 2026, América Móvil agreed to buy about 73% of Brazilian telecom Desktop S.A.
  • The acquisition is pending CADE and ANATEL approvals, which could reshape América Móvil’s position in Brazil.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
América Móvil to Acquire 73% Stake in Brazil’s Desktop

Claim 55% Off TipRanks

An announcement from America Movil ( (AMX) ) is now available.

On March 22, 2026, América Móvil announced that a Brazilian subsidiary has agreed to acquire about 73% of Desktop S.A., signaling an effort to deepen its presence in Brazil’s telecommunications and broadband market. Completion of the deal remains subject to customary regulatory approvals, including clearances from Brazil’s competition authority CADE and sector regulator ANATEL, meaning the timing and final structure of the transaction could influence América Móvil’s competitive positioning and service offering in the country.

The most recent analyst rating on (AMX) stock is a Hold with a $24.50 price target. To see the full list of analyst forecasts on America Movil stock, see the AMX Stock Forecast page.

Spark’s Take on AMX Stock

According to Spark, TipRanks’ AI Analyst, AMX is a Neutral.

The score is driven primarily by solid operating profitability and stable cash generation, tempered by higher leverage and weaker recent free cash flow/revenue trends. Technicals show a strong uptrend but overbought momentum increases near-term risk, while valuation is moderate with a modest dividend.

To see Spark’s full report on AMX stock, click here.

More about America Movil

América Móvil, S.A.B. de C.V. is a leading Latin American telecommunications group headquartered in Mexico City, operating mobile and fixed-line services, broadband and pay TV across multiple markets. Through subsidiaries such as Claro in Brazil, it focuses on expanding its regional footprint and strengthening its position in high‑growth telecom and connectivity segments.

Average Trading Volume: 2,428,643

Technical Sentiment Signal: Buy

Current Market Cap: $71.33B

Find detailed analytics on AMX stock on TipRanks’ Stock Analysis page.

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