America Movil expects to attract around 17 million new mobile customers across its operations in Latin America this year.

The figure represents a decrease versus the 24 million net additions registered in 2010, amid a maturing market, Milenio reports, citing America Movil CEO Daniel Hajj.

The company, which operates in 18 countries in Latin America and the Caribbean, also expects to add another five million fixed-line (telephony, pay-TV and broadband internet) subscribers this year.

 “[Mobile] penetration is high in some countries, we have about 130 percent [mobile] penetration in Argentina”, Hajj said. “We expect to add 16 to 17 million mobile subscribers,” the executive said.

—-