Mexico Telecom Market Share

Market Share of Mexico Telecom Industry

The Mexican telecom market is highly fragmented in nature. Some major players in the market studied include Telcel, Telmex, Izzi México, América Móvil, and Axtel. The market also hosts other Internet service providers (ISPs), MVNOs, and fixed-line service providers. Some Mexican telecommunication companies are very competitive internationally and hold strong ground in the global telecom space.

• In February 2022, Mexican broadcaster Grupo Televisa announced forming a strategic alliance with the US-based Univision to launch one of the biggest Spanish streaming platforms. The new company, TelevisaUnivision, would mix material from both stations to market to an almost 600 million-strong Spanish-speaking audience worldwide.
• In February 2022, America Movil, one of Mexico's telecom leaders, started offering 5G services in 18 locations around Mexico and budgeted USD 1.8 billion to create Latin America's largest 5G commercial network.
• In May 2022, Axtel Networks confirmed investing USD 150 million annually to create, manage, and upkeep its infrastructure and expand its network throughout Mexico. Axtel Networks, a company specializing in connecting data centers and cloud infrastructure , has a presence in 72 locations and covers more than 260,000 businesses.

Mexico Telecom Market Leaders

1. Telcel

2. Telmex

3. Grupo Televisa

4. America Movil

5. Axtel

*Disclaimer: Major Players sorted in no particular order