América Móvil – GC Powerlist
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Mexico Teams 2017

América Móvil

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Mexico Teams 2017

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América Móvil

In October 2017, after thorough consultation with its highly skilled legal department, América Móvil announced a joint venture with JCDecaux. This endeavour links both company’s out of home advertisement businesses...

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About

Led by general counsel Alejandro Cantú Jiménez, the legal team at América Móvil, Latin America’s largest wireless company and the third largest in the world, continues to drive the business forward. Despite certain regional challenges, the team has helped overcome the intricacies of the Mexican and South American telecommunications markets by excelling in their various areas of expertise. Their level of aptitude was evidenced in 2014 when the team oversaw América Móvil’s corporate and operating restructuring to comply with asymmetric regulations. After the telecommunications and broadcasting regulator determined that the company and its subsidiaries held too great a market share under the new rules, the team oversaw a complex corporate restructure. This meant reducing América Móvil’s market share to under 50%, which was challenging considering the company started with roughly 80%. Other skills the team are equipped with include in-depth knowledge of government affairs, corporate governance, commercial law and continue to grow their familiarity with satellite related projects and mobile device transactions. In addition to its work in Mexico, the company operates in 18 countries across the Americas with more than 265 million mobile customers and 31 million fixed lines. The legal team fortifies and shapes the business direction enabling its coverage with innovative products and quality services. Moving forward onto future plans as a major player in the market, América Móvil plans to launch a Mexican language TV channel in the US, accommodating the estimated 35 million Mexicans living in the US. The legal department will support this project and continue to engage in operational excellence and strategy development, covering key compliance policies such as anti-bribery and privacy.

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