America Movil S.A.B de C.V. (ADR) (NYSE:AMX)
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The Company is a provider of wireless communication services in Latin America based on subscribers.
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The Company is a provider of wireless communication services in Latin America based on subscribers.
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2011 was a tough year for this company, because of their expense in building out their 4G network, but now they are going to ride big profits into the coming year. If you believe in the expansion of the middle class across Latin America, and I do; and if you believe in the sagacity of one Carlos Slim, and I do, then this is a great "follow the money" pick for 2012.