America Movil says major 5G launch on track, optimistic about pay TV in Mexico

FILE PHOTO: The logo of America Movil is pictured on the wall at a reception area in the company's corporate offices, in Mexico City, Mexico January 25, 2022. REUTERS/Gustavo Graf/File Photo

MEXICO CITY (Reuters) - Mexican telecoms giant America Movil expects to launch 5G services in 90% of the countries where it operates this year and is optimistic about pay TV in Mexico despite a setback from the telecoms regulator, company executives said on Wednesday.

"I don't have a specific date, but all over the year we're working on a launch. I hope we can do it in the first semester of this year," said America Movil Chief Executive Officer Daniel Hajj said about 5G on a call with investors.