Mexico's America Movil projects $8 billion to $8.2 billion investment in 2023

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MEXICO CITY : Mexican telecommunications firm America Movil expects to invest between $8 billion and $8.2 billion in 2023, which includes radio-frequency concessions, fiber-optic network expansions and digitalization, a company executive said Wednesday.The estimate is in line with the company's plan to in

MEXICO CITY : Mexican telecommunications firm America Movil expects to invest between $8 billion and $8.2 billion in 2023, which includes radio-frequency concessions, fiber-optic network expansions and digitalization, a company executive said Wednesday.

The company invested around $7.9 billion last year, Garcia said, which could bump up 2023's capital expenditures"because we have some things that we are going to this year."

 

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