v3.25.1
Basis of Preparation of the Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices (Tables)
12 Months Ended
Dec. 31, 2024
Basis of Preparation of the Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices [Abstract]  
Equity Interest on Subsidiaries
The equity interest in the most significant subsidiaries is as follows:


 
 
Equity
interest at
December 31
 
    Country   2023     2024  
Subsidiaries:
               
América Móvil B.V. a)
 
Netherlands
   
100.0
%
   
100.0
%
Compañía Dominicana de Teléfonos, S.A. (“Codetel”) b)
 
Dominican Republic
   
100.0
%
   
100.0
%
Sercotel, S.A. de C.V. a)
 
Mexico
   
100.0
%
   
100.0
%
Radiomóvil Dipsa, S.A. de C.V. and subsidiaries (“Telcel”) b)
 
Mexico
   
100.0
%
   
100.0
%
Puerto Rico Telephone Company, Inc. b)
 
Puerto Rico
   
100.0
%
   
100.0
%
Servicios de Comunicaciones de Honduras, S.A. de C.V. (“Sercom Honduras”) b)
 
Honduras
   
100.0
%
   
100.0
%
Claro S.A. b)
 
Brazil
   
99.6
%
   
99.6
%
AMX International Mobile S.A. de C.V. a)
 
Mexico
   
100.0
%
   
100.0
%
Claro NXT Telecomunicações, S.A. b)
 
Brazil
   
100.0
%
   
100.0
%
Telecomunicaciones de Guatemala, S.A. (“Telgua”) b)
 
Guatemala
   
99.3
%
   
99.3
%
Claro Guatemala, S.A. b)
 
Guatemala
   
100.0
%
   
100.0
%
Empresa Nicaragüense de Telecomunicaciones, S.A. (“Enitel”) b)
 
Nicaragua
   
99.6
%
   
99.6
%
Compañía de Telecomunicaciones de El Salvador, S.A. de C.V. (“CTE”) b)
 
El Salvador
   
95.8
%
   
95.9
%
Comunicación Celular, S.A. (“Comcel”) b)
 
Colombia
   
99.4
%
   
99.4
%
Consorcio Ecuatoriano de Telecomunicaciones, S.A. (“Conecel”) b)
 
Ecuador
   
100.0
%
   
100.0
%
AMX Argentina, S.A. b)
 
Argentina
   
100.0
%
   
100.0
%
AMX Paraguay, S.A. b)
 
Paraguay
   
100.0
%
   
100.0
%
AM Wireless Uruguay, S.A. b)
 
Uruguay
   
100.0
%
   
100.0
%
América Móvil Perú, S.A.C b)
 
Peru
   
100.0
%
   
100.0
%
Teléfonos de México, S.A.B. de C.V. b)
 
Mexico
   
98.8
%
   
100.0
%
Claro Chile, SpA d)
 
Chile
   
50.0
%
   
94.9
%
Telekom Austria AG b)
 
Austria
   
58.4
%
   
60.6
%
EuroTeleSites AG and subsidiaries c)
 
Austria
   
57.0
%
   
57.0
%

a) Holding companies.
b) Operating companies of mobile and fixed services.
c) Company spun-off from Telekom Austria AG on September 22, 2023.
d) Joint venture until October 31, 2024 (see note 12b).
Annual Depreciation Rates
Annual depreciation rates are as follows:

Network infrastructure
   
5%-33
%
Buildings and leasehold improvement
   
2%-33
%
Other assets
   
10%-50
%
Estimates Used for Impairment Evaluations
The most significant forward-looking estimates used for the 2023 and 2024 impairment evaluations are shown below:

   
Average margin on
EBIDTA
   
Average margin on
CAPEX
   
Average pre-tax
discount rate
(WACC)
 
2023:
                 
Europe (7 countries)
   
26.81% - 43.90
%
   
4.46% - 16.89
%
   
6.08% - 29.15
%
Brazil (fixed line, wireless and TV)
   
43.07
%
   
14.37
%
   
10.45
%
Puerto Rico
   
23.92
%
   
10.46
%
   
6.31
%
Dominican Republic
   
52.34
%
   
13.78
%
   
11.95
%
Mexico (fixed line and wireless)
   
36.10
%
   
10.66
%
   
9.37
%
Ecuador
   
50.81
%
   
18.49
%
   
21.77
%
Peru
   
41.80
%
   
7.11
%
   
9.13
%
El Salvador
   
46.27
%
   
9.26
%
   
20.15
%
Colombia
   
43.39
%
   
20.78
%
   
10.15
%
Other countries
   
28.06% - 51.46
%
   
11.68% - 27.15
%
   
10.29% - 22.79
%

2024:
                 
Europe (7 countries)
   
35.05% - 43.18
%
   
2.83% - 18.57
%
   
4.88% - 27.16
%
Brazil (fixed line, wireless and TV)
   
44.75
%
   
16.97
%
   
8.11
%
Puerto Rico
   
24.41
%
   
8.67
%
   
4.38
%
Dominican Republic
   
53.64
%
   
14.13
%
   
9.51
%
Mexico (fixed line and wireless)
   
37.31
%
   
9.35
%
   
8.36
%
Ecuador
   
49.66
%
   
13.95
%
   
15.72
%
Peru
   
39.33
%
   
10.41
%
   
8.28
%
El Salvador
   
46.37
%
   
13.42
%
   
13.35
%
Colombia
   
42.25
%
   
17.31
%
   
7.24
%
Other countries
   
28.02% - 52.47
%
   
11.48% - 22.35
%
   
7.22% - 24.06
%
Lease Term and Estimated Useful Life of Right-of-Use Assets Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the assets, as follows:

Assets
Useful life
Towers and sites
2 to 24 years
Property
2 to 24 years
Other equipment
2 to 20 years
Exchange Rates Used for Translation of Foreign Currencies
The exchange rates used for the translation of foreign currencies against the Mexican peso are as follows:
 
        Average exchange rate    
Closing exchange rate
at December 31,
 
Country or Zone
Currency
 
2022
   
2023
   
2024
   
2023
   
2024
 
Argentina (1)
Argentine Peso (AR$)
   
0.1586
     
0.0680
     
0.0200
     
0.0209
     
0.0196
 
Brazil
Real (R$)
   
3.9045
     
3.5545
     
3.3963
     
3.4895
     
3.2731
 
Colombia
Colombian Peso (COP$)
   
0.0048
     
0.0041
     
0.0045
     
0.0044
     
0.0046
 
Guatemala
Quetzal
   
2.5981
     
2.2675
     
2.3597
     
2.1584
     
2.6301
 
U.S.A. (2)
US Dollar
   
20.1283
     
17.7617
     
18.3045
     
16.8935
     
20.2683
 
Uruguay
Uruguay Peso
   
0.4893
     
0.4574
     
0.4548
     
0.4329
     
0.4600
 
Nicaragua
Cordoba
   
0.5611
     
0.4875
     
0.4998
     
0.4613
     
0.5534
 
Honduras
Lempira
   
0.8171
     
0.7184
     
0.7341
     
0.6819
     
0.7948
 
Chile
Chilean Peso (CLP$)
   
0.0232
     
0.0212
     
0.0194
     
0.0193
     
0.0203
 
Paraguay
Guaraní
   
0.0029
     
0.0024
     
0.0024
     
0.0023
     
0.0026
 
Peru
Sol (PEN$)
   
5.2454
     
4.7394
     
4.8721
     
4.5498
     
5.3762
 
Dominican Republic
Dominican Peso
   
0.3647
     
0.3163
     
0.3069
     
0.2893
     
0.3301
 
Costa Rica
Colon
   
0.0310
     
0.0324
     
0.0353
     
0.0321
     
0.0395
 
European Union
Euro
   
21.2285
     
19.2047
     
19.8011
     
18.6487
     
20.9939
 
Bulgaria
Lev
   
10.8523
     
9.8189
     
10.1235
     
9.5336
     
10.7262
 
Belarus
New Belarusian Ruble
   
7.3993
     
6.4630
     
6.6606
     
6.1471
     
0
 
Croatia
Croatian Kuna
   
2.8173
     
2.5487
     
2.6279
     
2.4751
     
2.7864
 
Macedonia
Macedonian Denar
   
0.3445
     
0.3119
     
0.3215
     
0.3038
     
0.3423
 
Serbia
Serbian Denar
   
0.1807
     
0.1638
     
0.1691
     
0.1593
     
0.1794
 
 
(1)
Year-end rates are used for the translation of revenues and expenses if IAS 29 “Financial Reporting in Hyperinflationary Economies” is applied.
 
(2)
Includes Ecuador, El Salvador and Puerto Rico.
Joint Venture [Member]  
Disclosure of analysis of single amount of discontinued operations [line items]  
Result of Discontinued Operations
The results of discontinued operations are as follows:

   
For the period
ended as of
October 6, 2022
 
Operating revenue:
     
  Service revenues
 
Ps.
10,500,087  
  Sales of equipment
   
2,626,823
 
     
13,126,910
 
Total costs and expenses
   
14,954,526
 
Operating loss
   
(1,827,616
)
Financial costs
   
(685,129
)
Loss before income taxes of discontinued operations
   
(2,512,745
)
Income taxes:
   
(1,805,500
)
Net loss of the period from discontinued operations
 
Ps.
(707,245 )
Claro Panama [Member]  
Disclosure of analysis of single amount of discontinued operations [line items]  
Result of Discontinued Operations
The results of discontinued operations for the year are shown below:
 
    July 1st  
Operating revenue:
 
2022
 
Revenue services
 
Ps.
1,210,109  
Sales of equipment
   
206,595
 
     
1,416,704
 
Total costs and expenses
   
1,403,311
 
Operating income
   
13,393
 
Financial costs
   
(39,538
)
Gain on sale of discontinued operations
   
3,405,014
 
Profit before income taxes from discontinued operations
   
3,378,869
 
Income taxes:
   
 
Net profit of the period of discontinued operations
 
Ps.
3,378,869  
Deconsolidated Assets and Liabilities on Disposal Date
The deconsolidated assets and liabilities of Claro Panama as of the date of disposal were the following:
 
   
As of July 1,
2022
 
Current assets:
     
Cash
 
Ps.
24,202  
Account receivable to subscribers, distributors and others, net
   
666,114
 
Inventories, net
   
169,851
 
Other assets, net
   
4,457
 
Total current assets
   
864,624
 
         
Non-current assets:
       
Property, plant and equipment
   
1,102,062
 
Intangibles, net
   
1,810,964
 
Account receivables to subscribers, distributors and others, net
   
42,368
 
Other assets, net
   
12,291
 
Right-of-use
   
975,019
 
Total assets
 
Ps.
4,807,328  
         
Short term liability related to right-of-use assets
 
Ps.
198,289  
Accounts payable
   
576,522
 
Payable taxes
   
24,981
 
Related parties
   
1,159
 
Deferred income
   
126,904
 
Long term liability related to right-of-use assets
 
Ps.
855,969  
Deferred income
   
129,062
 
Total liabilities
 
1,912,886
 
Net assets directly related to the Group’s disposal
 
Ps.
2,894,442