América Móvil’s Telcel Fined by IFT Over Alleged Monopolistic Practices

America Movil ( (AMX) ) just unveiled an update.

On June 17, 2025, América Móvil announced that its subsidiary, Telcel, was fined MXN$1,782.6 million by the Federal Telecommunications Institute (IFT) following an investigation initiated in 2021. The investigation, triggered by a competitor’s complaint, alleged monopolistic practices in the distribution of SIM cards through convenience stores in Mexico. Telcel disputes the fine, considering it arbitrary and lacking evidence, and plans to challenge the decision through legal means.

The most recent analyst rating on (AMX) stock is a Sell with a $15.00 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 Outperform.

America Movil’s overall stock score reflects a balanced assessment of strong financial performance, bullish technical signals, and healthy earnings growth, tempered by high leverage and overvaluation concerns. While the stock shows positive momentum and income potential, economic and regulatory challenges in key markets necessitate a cautious approach.

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 telecommunications company based in Mexico City. It primarily operates in the telecommunications industry, offering services such as mobile and fixed-line telephony, broadband, and digital television. The company has a significant market presence in Latin America and is a major player in the Mexican telecommunications market.

Average Trading Volume: 2,871,166

Technical Sentiment Signal: Buy

Current Market Cap: $53.22B

For a thorough assessment of AMX stock, go to TipRanks’ Stock Analysis page.