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Intangible assets, net and goodwill
 12 Months Ended
Dec. 31, 2025
Intangible assets, net and goodwill [Abstract]  
Intangible assets, net and goodwill
Note 11. Intangible assets, net and goodwill
 
a) An analysis of intangible assets at December 31, 2023, 2024 and 2025 is as follows:

 
At December 31, 2022
  
Acquisitions
  
Disposals and
other
  
Amortization
for the year
  
Incorporation (Merge, Spin off, Sale/other)
  
Effect of
translation of
foreign
subsidiaries
and
hyperinflation
adjustment
  
At December 31, 2023
  
Licenses and rights of use          
 Ps.
    255,549,470   Ps.
    18,814,933   Ps.
    1,201,681   Ps.
    —   Ps.
    —   Ps.
    (28,239,255 ) Ps.
    247,326,829  
Accumulated amortization          
      
(142,425,106
)
      
—
        
(63,964
)
      
(11,643,803
)
      
—
        
11,328,430
        
(142,804,443
)
 
                                                                      
Net          
      
113,124,364
        
18,814,933
        
1,137,717
        
(11,643,803
)
      
—
        
(16,910,825
)
      
104,522,386
  
 
                                                                      
Trademarks          
      
26,467,355
        
198,532
        
(11,554
)
      
—
        
555
        
(1,313,470
)
      
25,341,418
  
Accumulated amortization          
      
(23,452,798
)
      
—
        
571
        
(139,038
)
      
—
        
1,017,013
        
(22,574,252
)
 
                                                                      
Net          
      
3,014,557
        
198,532
        
(10,983
)
      
(139,038
)
      
555
        
(296,457
)
      
2,767,166
  
 
                                                                      
Customer relationships          
      
24,189,692
        
5,550
        
—
        
—
        
—
        
(3,505,503
)
      
20,689,739
  
Accumulated amortization          
      
(19,332,019
)
      
—
        
—
        
(987,971
)
      
—
        
3,091,265
        
(17,228,725
)
 
                                                                      
Net          
      
4,857,673
        
5,550
        
—
        
(987,971
)
      
—
        
(414,238
)
      
3,461,014
  
 
                                                                      
Software licenses          
      
16,217,975
        
5,846,212
        
313,446
        
—
        
—
        
(3,021,588
)
      
19,356,045
  
Accumulated amortization          
      
(9,515,383
)
      
—
        
1,102,658
        
(3,675,747
)
      
—
        
2,330,312
        
(9,758,160
)
 
                                                                      
Net          
      
6,702,592
        
5,846,212
        
1,416,104
        
(3,675,747
)
      
—
        
(691,276
)
      
9,597,885
  
 
                                                                      
Content rights          
      
12,783,404
        
737,465
        
(50,175
)
      
—
        
—
        
(1,854,001
)
      
11,616,693
  
Accumulated amortization
      
(11,589,168
)
      
—
        
—
        
(672,760
)
      
—
        
1,795,303
        
(10,466,625
)
 
                                                                      
Net          
      
1,194,236
        
737,465
        
(50,175
)
      
(672,760
)
      
—
        
(58,698
)
      
1,150,068
  
 
                                                                      
Total of intangibles, net          
 Ps.
    128,893,422   Ps.
    25,602,692   Ps.
    2,492,663   Ps.
    (17,119,319 ) Ps.
    555   Ps.
    (18,371,494 ) Ps.
    121,498,519  
 
                                                                      
Goodwill          
 Ps.
    141,121,365   Ps.
    —   Ps.
    —   Ps.
    —   Ps.
    —   Ps.
    4,957,532   Ps.
    146,078,897  

 
At December 31, 2023
  
Acquisitions
  
Business
combinations
  
Disposals and
other
  
Amortization
for the year
  
Effect of
translation of
foreign
subsidiaries
and
hyperinflation
adjustment
  
At December 31, 2024
  
Licenses and rights of use
 Ps.     247,326,829   Ps.     12,645,575   Ps.     763,101   Ps.     (872,238 ) Ps.     —   Ps.     18,349,117   Ps.     278,212,384  
Accumulated amortization
      
(142,804,443
)
      
—
        
—
        
1,749,617
        
(13,140,279
)
      
(1,872,988
)
      
(156,068,093
)
                                                                       
Net
      
104,522,386
        
12,645,575
        
763,101
        
877,379
        
(13,140,279
)
      
16,476,129
        
122,144,291
  
                                                                       
Trademarks
      
25,341,418
        
—
        
—
        
(64,374
)
      
—
        
1,209,149
        
26,486,193
  
Accumulated amortization
      
(22,574,252
)
      
—
        
—
        
—
        
(143,406
)
      
(888,574
)
      
(23,606,232
)
                                                                       
Net
      
2,767,166
        
—
        
—
        
(64,374
)
      
(143,406
)
      
320,575
        
2,879,961
  
                                                                       
Customer relationships
      
20,689,739
        
4,475
        
111,066
        
—
        
—
        
2,599,501
        
23,404,781
  
Accumulated amortization
      
(17,228,725
)
      
—
        
—
        
—
        
(951,706
)
      
(2,498,298
)
      
(20,678,729
)
                                                                       
Net
      
3,461,014
        
4,475
        
111,066
        
—
        
(951,706
)
      
101,203
        
2,726,052
  
                                                                       
Software licenses
      
19,356,045
        
4,805,054
        
—
        
1,874,257
        
—
        
3,992,205
        
30,027,561
  
Accumulated amortization
      
(9,758,160
)
      
—
        
—
        
595,636
        
(4,905,764
)
      
(2,839,014
)
      
(16,907,302
)
                                                                       
Net
      
9,597,885
        
4,805,054
        
—
        
2,469,893
        
(4,905,764
)
      
1,153,191
        
13,120,259
  
                                                                       
Content rights
      
11,616,693
        
866,001
        
—
        
(821,107
)
      
—
        
2,630,934
        
14,292,521
  
Accumulated amortization
      
(10,466,625
)
      
—
        
—
        
309,988
        
(723,083
)
      
(2,546,783
)
      
(13,426,503
)
                                                                       
Net
      
1,150,068
        
866,001
        
—
        
(511,119
)
      
(723,083
)
      
84,151
        
866,018
  
                                                                       
Total of intangibles, net
 Ps.     121,498,519   Ps.     18,321,105   Ps.     874,167   Ps.     2,771,779   Ps.     (19,864,238 ) Ps.     18,135,249   Ps.     141,736,581  
                                                                       
Goodwill
 Ps.     146,078,897   Ps.     —   Ps.     4,735,752   Ps.     —   Ps.     —   Ps.     6,021,720   Ps.     156,836,369  

 
At December 31, 2024
  
Acquisitions
  
Business
combinations
  
Disposals and
other
  
Amortization
for the year
  
Effect of
translation of
foreign
subsidiaries
and
hyperinflation
adjustment
  
At December 31, 2025
  
Licenses and rights of use
 Ps.
    278,212,384   Ps.
    14,642,015   Ps.
    —   Ps.
    (1,888,754 ) Ps.
    —   Ps.
    (7,838,748 ) Ps.
    283,126,897  
Accumulated amortization
      
(156,068,093
)
      
—
        
—
        
3,043,407
        
(13,556,356
)
      
2,994,172
        
(163,586,870
)
                                                                       
Net
      
122,144,291
        
14,642,015
        
—
        
1,154,653
        
(13,556,356
)
      
(4,844,576
)
      
119,540,027
  
                                                                       
Trademarks
      
26,486,193
        
19,090
        
—
        
—
        
—
        
70,604
        
26,575,887
  
Accumulated amortization
      
(23,606,232
)
      
—
        
—
        
—
        
(153,486
)
      
(32,895
)
      
(23,792,613
)
                                                                       
Net
      
2,879,961
        
19,090
        
—
        
—
        
(153,486
)
      
37,709
        
2,783,274
  
                                                                       
Customer relationships
      
23,404,781
        
3,883
        
17,919
        
(14,275
)
      
—
        
(94,358
)
      
23,317,950
  
Accumulated amortization
      
(20,678,729
)
      
—
        
—
        
7,425
        
(961,992
)
      
1,954
        
(21,631,342
)
                                                                       
Net
      
2,726,052
        
3,883
        
17,919
        
(6,850
)
      
(961,992
)
      
(92,404
)
      
1,686,608
  
                                                                       
Software licenses
      
30,027,561
        
4,746,784
        
—
        
2,125,571
        
—
        
(123,531
)
      
36,776,385
  
Accumulated amortization
      
(16,907,302
)
      
—
        
—
        
609,931
        
(6,075,427
)
      
(4,121
)
      
(22,376,919
)
                                                                       
Net
      
13,120,259
        
4,746,784
        
—
        
2,735,502
        
(6,075,427
)
      
(127,652
)
      
14,399,466
  
                                                                       
Content rights
      
14,292,521
        
647,023
        
—
        
152,501
        
—
        
(1,863,636
)
      
13,228,409
  
Accumulated amortization
      
(13,426,503
)
      
—
        
—
        
(83,188
)
      
(693,550
)
      
1,814,351
        
(12,388,890
)
                                                                       
Net
      
866,018
        
647,023
        
—
        
69,313
        
(693,550
)
      
(49,285
)
      
839,519
  
                                                                       
Total of intangibles, net
 Ps.
    141,736,581   Ps.
    20,058,795   Ps.
    17,919   Ps.
    3,952,618   Ps.
    (21,440,811 ) Ps.
    (5,076,208 ) Ps.
    139,248,894  
                                                                       
Goodwill
 Ps.
    156,836,369   Ps.
    —   Ps.
    53,866   Ps.
    —   Ps.
    —   Ps.
    562,940   Ps.
    157,453,175  

b) The aggregate carrying amount of goodwill is allocated by segment as follows:

   
2024
    
2025
  
Europe
  
Ps.
 62,374,446    
Ps.
 62,735,472  
Brazil
    
27,897,869
      
27,841,639
  
Puerto Rico
    
17,463,394
      
17,463,394
  
Dominican Republic
    
14,186,723
      
14,186,723
  
Colombia
    
9,677,519
      
10,068,045
  
Mexico
    
9,249,711
      
9,206,525
  
Chile
    
4,735,752
      
4,735,752
  
Peru
    
2,564,786
      
2,558,928
  
El Salvador
    
2,522,768
      
2,522,768
  
Ecuador
    
2,155,384
      
2,155,384
  
Guatemala
    
2,261,495
      
2,231,865
  
Other countries
    
1,746,522
      
1,746,680
  
   
Ps.
 156,836,369    
Ps.
 157,453,175  

c) The following is a description of the major changes in the “Licenses and rights of use” caption during the years ended December 31, 2023, 2024 and 2025:

2023 Acquisitions
 
(i) In November 2023, the Company obtained in Argentina, pursuant to resolution 2023-1473 of Enacom, a concession of spectrum in the 2.6 GHz 5G band for a 15 year-year period for an amount of Ps.8,731,237.
 
(ii) In April 2023, the Company obtained in Croatia (via A1 Telekom Austria Group) a concession of secured spectrum in a public auction for a 15 year-period for an amount of Ps.2,220,558. Additionally, in December 2023, the Company acquired in Bulgaria a spectrum license in the 700 MHz and 800 MHz segments for a 15 year-period for an amount of Ps.422,502.

(iii) In October 2023, the Company obtained a concession of 30 MHz and 2.500 MHz spectrum in Colombia for a 20-year period for an amount of Ps.1,949,048. Additionally, during 2023, the Company acquires IRUs for an amount of Ps.214,792.
 
(iv) In June of 2023, the Company obtained a 2.5 MHz spectrum license in Guatemala for an amount of Ps.1,859,262.
 
(v) In February and December 2023, the Company obtained in Mexico, an extension of spectrum frequency band concession titles for mobile transmission in the 835-845/880-890 MHz, 2514-2530/2634-2650 MHz and 2517-2530/2637-2650 MHz segments, respectively, for 20-year period for an amount of Ps.1,239,373.
 
(vi) In July 2023, the Company obtained in Uruguay frequency band concession titles for mobile transmission in the 3300-3400 MHz segment for a 25-year period for an amount of Ps.464,828.
 
(vii) During 2023, the Company acquired IRUs in Puerto Rico for an amount of Ps.296,247 and in the United States for an amount of Ps.180,956.
 
(viii) During 2023, the Company renewed in Brazil the 5G license carried out by ANATEL for an amount of Ps.593,273.
 
(ix) In March 2023, the Company obtained two concessions of spectrum band in Peru, which expires in January 2030 and December 2029, respectively, for an amount of Ps.149,567. Additionally, during 2023 the Company acquired IRU for an amount of Ps.132,387.
 
Additionally, in 2023, the Company acquired other licenses in Peru, Ecuador, El Salvador and Paraguay for an amount of Ps.360,903.
 
2024 Acquisitions
 
(i) In February 2024, the Company obtained in Colombia through resolution 495 10 MHz in the 2,500 MHz band and 496 80 MHz in the 3,500 MHz band, respectively. This concession was granted with some obligations to make, mainly infrastructure construction, like educational institutions and maintain the fiber optic infrastructure available to other providers of telecommunications networks in exchange for the concession for a period of 20 years. Additionally, the Company acquired IRUs in the months of January, May and September, of 880 MBPS, 3150 MBPS and 500 MBPS, respectively, for a period of 10 years and a total consideration of Ps.10,593,689.
 
(ii) During 2024, the Austrian subsidiary obtained several spectrum frequencies in different regions to provide 5G services as well as for industrial applications, obtaining frequencies up to 180 MHz with a validity of up to December 2039 and December 2046, additionally acquires in Bulgaria spectrum band of 900MHz and 1800 MHz for a period of 10 years for an amount of Ps.847,724.
 
(iii) The Ecuadorian subsidiary nowadays it is in negotiations for the renewal of the concession with the local government, during this process of accreditation the Company made monthly payments during the 2024 fiscal year for rights for the spectrum band, as of December 31, 2024 the amount paid amounts to Ps.739,285.
 
(iv) In June 2024, the subsidiary in Uruguay renewal 1900 MHz spectrum with a validity of 20 years for an amount of Ps.325,259.
 
Additionally, in 2024, the Company acquired other licenses in Paraguay, El Salvador, Brazil, Nicaragua, Argentina, Guatemala and Perú for an amount of Ps.139,618.
 
2025 Acquisitions

(i) In October 2025, the Ecuadorian subsidiary renewed the concession to offer of mobile service frequency bands and international long-distance service by 15 years, as the initial date of this renewal August 2023 Additionally in December 2025, acquires IRU with a validity of 10 years, for an amount of Ps.6,656,936.
 
(ii) In March 2025, a 2100 MHz band was acquired in Bulgaria for 10 years as well as 900 MHz IRU´s in Belarus related to BCloud, Additionally, during November 2025, acquires some radio frequency bands in Serbia 2 x 10 MHz, 2 x 25 MHz, 2 x 15 MHz, 2 x 20 MHz, and 130 MHz, which can begin to be used in March 2027, with an expiration date of March 2047, for an amount of Ps.3,217,584.
 
(iii) In December, Peru acquires spectrum band concession for 3.5 GHz (100 MHz block) for 20 years for an amount of Ps.2,162,683, the concession includes obligations to do, related with invest in and implement 4G coverage in 341 locations and 540 km of roads within a period of 4 years.

(iv) In June 2025, Puerto Rico acquired spectrum for voice, data, video, and OTT services with a total capacity of 40 MHz, which is considered to have an indefinite life and renewed every 10 years for an amount of Ps.923,217.
 
The acquired spectrum payment will be made in four installments: 1st - May 2025; 2nd - May 2026; 3rd - May 2027; and 4th - May 2028.
 
(v) In February, the Company renewed two frequencies in Mexico. 2523-2530/2643-2650 MHZ and 835-845/880-890, MH. Both frequencies with a validity for 20 years, paying an amount of Ps.729,156.
 
(vi) In April, the Brazilian company renewed several frequencies with a validity of 2 years, frequency licenses from ANATEL for an amount of Ps.468,659.
 
(vii) The subsidiary in Costa Rica acquired spectrum blocks with capacity between 700, 2300 and 3500 GHz in August for an amount of Ps.314,187 with a validity of 20 years.
 
(viii) During the year in Colombia, various IRU´s were acquired from the suppliers Alianza, Azteca, Andired with validity periods of until 15 years for a combined amount of Ps.95,461.
 
(ix)Additionally, in 2025, the Company acquired other licenses in Paraguay, El Salvador, Guatemala and Argentina for an amount of Ps.74,132.

Amortization of intangibles for the years ended December 31, 2023, 2024 and 2025 amounted to Ps.17,119,319, Ps.19,864,238 and Ps.21,440,811, respectively.
 
Some of the jurisdictions in which the Company operates can revoke their concessions under certain circumstances such as imminent danger to national security, national economy and natural disasters.