America Movil Tops Sales Estimates as More Clients Use Data
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America Movil SAB, the biggest mobile-phone carrier in the Americas by subscribers, beat expectations for third-quarter sales as customers spent more on data services such as music downloads and Web browsing.
Revenue rose 4.5 percent to 192.8 billion pesos ($14.8 billion), beating the 188 billion-peso average of eight analysts’ estimates compiled by Bloomberg. Net income rose to