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Basis of Preparation of the Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices (Tables) | 12 Months Ended
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Dec. 31, 2023
Disclosure of subsidiaries [line items] |
Summary of Equity Interest in Most Significant Subsidiaries | The equity interest in the most significant subsidiaries is as follows:
|  | Country |  |  | Equity interest at December 31 |
| 2022 |  |  | 2023 |
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 | %
NII Brazil Holding S.A.R.L c) |  |  | Luxembourg |  |  |  | 100.0 | % |  |  | — |
AMX International Mobile S.A. de C.V. c) |  |  | Mexico |  |  |  | — |  |  |  | 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 | % |  |  | 95.8 | %
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 | % |  |  | 98.8 | %
Telekom Austria AG b) |  |  | Austria |  |  |  | 51.0 | % |  |  | 58.4 | %
EuroTeleSites AG and subsidiaries d) |  |  | Austria |  |  |  | — |  |  |  | 57.0 | %
Joint venture: |  |  |  |  |  |  |  |  |  |  |  |
Claro Chile, SpA |  |  | Chile |  |  |  | 50.0 | % |  |  | 50.0 | %
a) | Holding companies.
b) | Operating companies of mobile and fixed services.
c) | On January 2023, this entity merged with AMX International Mobile, S.A. de C.V.
d) | Company spun-off from Telekom Austria AG on September 22, 2023.
Summary of Annual Depreciation Rates | Annual depreciation rates are as follows:
Network infrastructure |  |  | 5%-33% |
Buildings and leasehold improvement |  |  | 2%-33% |
Other assets |  |  | 10%-50% |
Summary of Most Significant Forward Looking Estimates Used for Impairment Evaluations | The most significant forward-looking estimates used for the 2022 and 2023 impairment evaluations are shown below:
|  | Average margin on EBIDTA |  |  | Average margin on CAPEX |  |  | Average pre-tax discount rate (WACC) |
2022: |  |  |  |  |  |  |  |  |  |  |  |
Europe (7 countries) |  |  | 32.70% - 47.31% |  |  |  | 7.7% - 21.1% |  |  |  | 5.47% - 24.11% |
Brazil (fixed line, wireless and TV) |  |  | 41.90% |  |  |  | 19.62% |  |  |  | 9.30% |
Puerto Rico |  |  | 26.98% |  |  |  | 8.91% |  |  |  | 6.14% |
Dominican Republic |  |  | 53.93% |  |  |  | 13.82% |  |  |  | 11.13% |
Mexico (fixed line and wireless) |  |  | 36.19% |  |  |  | 18.61% |  |  |  | 8.60% |
Ecuador |  |  | 47.14% |  |  |  | 18.42% |  |  |  | 20.13% |
Peru |  |  | 36.53% |  |  |  | 21.05% |  |  |  | 10.39% |
El Salvador |  |  | 45.18% |  |  |  | 17.59% |  |  |  | 22.37% |
Colombia |  |  | 42.25% |  |  |  | 27.41% |  |  |  | 13.70% |
Other countries |  |  | 32.92% - 49.54% |  |  |  | 9.63% - 25.97% |  |  |  | 9.16% - 29.94% |
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% |
Summary of quantitative information about 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
Summary of Exchange Rates Used forTranslation 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 |  | 2021 |  |  | 2022 |  |  | 2023 |  |  | 2022 |  |  | 2023 |
Argentina (1) |  | Argentine Peso (AR$) |  |  | 0.2137 |  |  |  | 0.1586 |  |  |  | 0.0680 |  |  |  | 0.1096 |  |  |  | 0.0209 |
Brazil |  | Real (R$) |  |  | 3.7625 |  |  |  | 3.9045 |  |  |  | 3.5545 |  |  |  | 3.7209 |  |  |  | 3.4895 |
Colombia |  | Colombian Peso (COP$) |  |  | 0.0054 |  |  |  | 0.0048 |  |  |  | 0.0041 |  |  |  | 0.0040 |  |  |  | 0.0044 |
Guatemala |  | Quetzal |  |  | 2.6212 |  |  |  | 2.5981 |  |  |  | 2.2675 |  |  |  | 2.4725 |  |  |  | 2.1584 |
U.S.A. (2) |  | US Dollar |  |  | 20.2769 |  |  |  | 20.1283 |  |  |  | 17.7617 |  |  |  | 19.4143 |  |  |  | 16.8935 |
Uruguay |  | Uruguay Peso |  |  | 0.4655 |  |  |  | 0.4893 |  |  |  | 0.4574 |  |  |  | 0.4845 |  |  |  | 0.4329 |
Nicaragua |  | Cordoba |  |  | 0.5765 |  |  |  | 0.5611 |  |  |  | 0.4875 |  |  |  | 0.5359 |  |  |  | 0.4613 |
Honduras |  | Lempira |  |  | 0.8384 |  |  |  | 0.8171 |  |  |  | 0.7184 |  |  |  | 0.7853 |  |  |  | 0.6819 |
Chile |  | Chilean Peso (CLP$) |  |  | 0.0268 |  |  |  | 0.0232 |  |  |  | 0.0212 |  |  |  | 0.0226 |  |  |  | 0.0193 |
Paraguay |  | Guaraní |  |  | 0.0030 |  |  |  | 0.0029 |  |  |  | 0.0024 |  |  |  | 0.0026 |  |  |  | 0.0023 |
Peru |  | Sol (PEN$) |  |  | 5.2297 |  |  |  | 5.2454 |  |  |  | 4.7394 |  |  |  | 5.0823 |  |  |  | 4.5498 |
Dominican Republic |  | Dominican Peso |  |  | 0.3540 |  |  |  | 0.3647 |  |  |  | 0.3163 |  |  |  | 0.3436 |  |  |  | 0.2893 |
Costa Rica |  | Colon |  |  | 0.0325 |  |  |  | 0.0310 |  |  |  | 0.0324 |  |  |  | 0.0323 |  |  |  | 0.0321 |
European Union |  | Euro |  |  | 23.9835 |  |  |  | 21.2285 |  |  |  | 19.2047 |  |  |  | 20.7830 |  |  |  | 18.6487 |
Bulgaria |  | Lev |  |  | 12.2617 |  |  |  | 10.8523 |  |  |  | 9.8189 |  |  |  | 10.6188 |  |  |  | 9.5336 |
Belarus |  | New Belarusian Ruble |  |  | 7.9932 |  |  |  | 7.3993 |  |  |  | 6.4630 |  |  |  | 7.0644 |  |  |  | 6.1471 |
Croatia |  | Croatian Kuna |  |  | 3.1852 |  |  |  | 2.8173 |  |  |  | 2.5487 |  |  |  | 2.7584 |  |  |  | 2.4751 |
Macedonia |  | Macedonian Denar |  |  | 0.3893 |  |  |  | 0.3445 |  |  |  | 0.3119 |  |  |  | 0.3378 |  |  |  | 0.3038 |
Serbia |  | Serbian Denar |  |  | 0.2040 |  |  |  | 0.1807 |  |  |  | 0.1638 |  |  |  | 0.1772 |  |  |  | 0.1593 |
(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.
In December 2023, a new Argentine administration took office and called for new economic framework calling for liberalization of economic policy. This caused a major devaluation of the country’s currency, with the Argentine peso losing nearly 60% of its value vis-á-vis the U.S. dollar in December alone. In addition, as of December 31, 2023, the Argentinean peso suffered a devaluation of its currency of 80.9% year-to-date against the Mexican peso, therefore, this matter is considered within the consolidated foreign currency exchange figure as of the date of the consolidated statement of comprehensive income. Financial reporting in hyperinflationary economies Financial statements of Argentina subsidiaries are restated before translation to the reporting currency of the Company and before consolidation in order to reflect the same value of money for all items. Items recognized in the statements of financial position which are not measured at the applicable year-end measuring unit are restated based on the general price index. All non-monetary items measured at cost or amortized cost is restated for the changes in the general price index from the date of transaction or the last hyperinflationary calculation to the reporting date. Monetary items are not restated. All items of shareholders’ equity are restated for the changes in the general price index since their addition or the last hyperinflationary calculation until the end of the reporting period. All items of comprehensive income are restated for the change in a general price index from the date of initial recognition to the reporting date. Gains and losses resulting from the net-position of monetary items are reported in the consolidated statements of operations in financial result in exchange differences. In accordance with IFRS, prior year financial statements were not restated.
Claro Panama [Member] |
Disclosure of subsidiaries [line items] |
Summary of Net profit for the year from discontinued operations | The results of discontinued operations for the year are shown below:
|  | For the year ended December 31, |  |  | July 1 st . |
|  | 2021 |  |  | 2022 |
Operating revenue: |  |  |  |  |  |  |  |
Revenue services |  |  | Ps.  2,667,497 |  |  |  | Ps. 1,210,109 |
Sales of equipment |  |  | 394,534 |  |  |  | 206,595 |
|  |  | 3,062,031 |  |  |  | 1,416,704 |
Total costs and expenses |  |  | 3,378,614 |  |  |  | 1,403,311 |
Operating (loss) profit |  |  | (316,583 | ) |  |  | 13,393 |
Financial costs |  |  | (89,974 | ) |  |  | (39,538 | )
Gain on sale of discontinued operations |  |  | — |  |  |  | 3,405,014 |
(Loss) profit before income taxes from discontinued operations |  |  | (406,557 | ) |  |  | 3,378,869 |
Income taxes: |  |  | 5,297 |  |  |  | — |
Net (loss) profit of the period of discontinued operations |  |  | Ps.   (411,854 | ) |  |  | Ps. 3,378,869 |
Summary of assets and liabilities deconsolidated on the date of the disposal | 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 |
Tracfone Wireless Inc Tracfone [member] |
Disclosure of subsidiaries [line items] |
Summary of Net profit for the year from discontinued operations | The results of TracFone for the year are presented below:
|  | For the years ended December 31 |
| 2021 |
Operating revenues: |  |  |  |
Service revenues |  |  | Ps.130,091,540 |
Sales of equipment |  |  | 22,160,481 |
|  |  | 152,252,021 |
Total costs and expenses |  |  | 134,495,316 |
Operating income |  |  | 17,756,705 |
Financial cost |  |  | (1,733 | )
Gain on disposal of discontinued operations |  |  | 132,821,709 |
Profit before income tax discontinued operations |  |  | 150,576,681 |
Tax expense: |  |  |  |
Related to pre-tax profit from the ordinary activities for the period |  |  | 2,571,541 |
Related to gain on disposal from discontinued operations |  |  | 26,294,422 |
Net profit for the year from discontinued operations |  |  | Ps.121,710,718 |
Summary of assets and liabilities deconsolidated on the date of the disposal | The assets and liabilities deconsolidated on the date of the disposal were as follows:
|  | November 23, |
|  | 2021 |
Current assets |  |  |  |
Cash |  | Ps. | 338,439 |
Subscribers, distributors, recoverable taxes, contract assets and other net |  |  | 12,368,407 |
Inventories, net |  |  | 9,604,658 |
Other current assets, net |  |  | 389,052 |
Total current assets |  |  | 22,700,556 |
Non-current assets: |  |  |  |
Property, plant and equipment |  |  | 1,989,498 |
Intangibles, net |  |  | 555,012 |
Goodwill |  |  | 2,695,557 |
Deferred income taxes |  |  | 1,094,756 |
Other assets, net |  |  | 327,546 |
Rights of use |  |  | 1,625 |
Total assets |  | Ps. | 29,364,550 |
Short term liability related to right of use of assets |  | Ps. | 1,625 |
Accounts payable |  |  | 17,446,513 |
Income tax |  |  | 3,267,585 |
Deferred revenue |  |  | 13,187,667 |
Total liabilities |  |  | 33,903,390 |
Net liability directly associated with disposal group |  | Ps. | (4,538,840 | )
Joint ventures [member] |
Disclosure of subsidiaries [line items] |
Summary of Net profit for the year from discontinued operations | The results of discontinued operations are as follows:
|  | For the years ended as of December 31,2021 |  |  | For the period ended as of October 6, 2022 |
Operating revenue: |  |  |  |  |  |  |  |
Service revenues |  | Ps. | 17,276,464 |  |  | Ps. | 10,500,087 |
Sales of equipment |  |  | 4,508,925 |  |  |  | 2,626,823 |
|  |  | 21,785,389 |  |  |  | 13,126,910 |
Total costs and expenses |  |  | 22,892,415 |  |  |  | 14,954,526 |
Operating loss |  |  | (1,107,026 | ) |  |  | (1,827,616 | )
Financial costs |  |  | (533,899 | ) |  |  | (685,129 | )
Loss before income taxes of discontinued operations |  |  | (1,640,925 | ) |  |  | (2,512,745 | )
Income taxes: |  |  | (4,578,004 | ) |  |  | (1,805,500 | )
Net profit (loss) of the period from discontinued operations |  | Ps. | 2,937,079 |  |  | Ps. | (707,245 | )

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