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America Movil not expecting higher capex levels due to 5G: CEO

April 30, 2021

Mexican telecom giant América Móvil’s expected launch of 5G in certain markets will not represent a boost in its planned capex for this year, CEO Daniel Hajj said during the telco’s Q1 results call.

The operator confirmed it will invest $8 billion this year, including 5G plans in several countries across the Latin American region.

“We have been working to implement 5G, virtualizing networks, putting fiber in the towers, putting the photonics in the backbone … We are ready to launch 5G in many countries,” Hajj said.

Hajj also that America Movil was not planning to increase capex levels in the coming years due to the launch of 5G services.

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