6-K
AMERICA MOVIL SAB DE CV/ (AMX)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of June, 2024
Commission File Number: 1-16269
AMÉRICA MÓVIL, S.A.B. DE C.V.
(Exact name of registrant as specified in its charter)
America Mobile
(Translation of Registrant´s name into English)
Lago Zurich 245Plaza Carso / Edificio TelcelColonia Ampliación Granada Alcaldía Miguel Hidalgo,11529, Mexico City, Mexico
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ___X___ Form 40-F _______
Indicate by check mark if the Registrant is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes _______ No ___X____
Indicate by check mark if the Registrant is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes _______ No ___X____
Indicate by check mark whether the registrant by furnishing the information contained in this Form 6-K is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes _______ No ___X____

América Móvil to Acquire aControlling Interest in ClaroVTR
Mexico City, Mexico and Denver,USA – June 24, 2024: América Móvil S.A.B. de C.V. (“América Móvil” or “AMX”) (BMV: AMX, NYSE: AMX and AMOV) and Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) announce that, subject to obtaining the required approval from the National Economic Prosecutor’s Office of the Republic of Chile (Fiscalía Nacional Económica), América Móvil will be consolidating ClaroVTR into its ongoing operations. As previously disclosed, AMX has been providing funding to ClaroVTR through convertible notes to support the execution of its business plan and for the refinancing of certain bank debt existing at the formation of the JV and Liberty Latin America had the right to catch-up its respective portion of such funding commitments by the middle of this year for ClaroVTR to continue as a 50:50 joint venture.
On June 23, 2024, Liberty Latin America informed AMX it would not be exercising such right. As a result, AMX will convert its outstanding notes held in ClaroVTR into equity resulting (subject to adjustments at closing) in a controlling interest of approximately 91%. LLA will continue to own approximately 9% of the equity of ClaroVTR (subject to final adjustments at closing). The shareholders agreement to be effective upon the conversion of the notes at closing will reflect a governance according to such equity interests. Closing of the conversion is expected during 3Q2024.
Commenting on this development, Daniel Hajj, CEO of América Móvil, said: “We are excited about the prospects of ClaroVTR. Our strong partnership with LibertyLatin America helped establish a converged connectivity provider that serves customers with world-class products and services. We lookforward to the prospects of this business.”
Balan Nair, CEO of Liberty Latin America, remarked: “We are confident that this is the right next step for ClaroVTR and in the best interests of Liberty Latin America’sshareholders. América Móvil is a great partner and ClaroVTR has a strong management team in place to lead the business.We have been proud investors in Chile for decades, and while today’s market dynamics are challenging, the long-term outlook is bright.”
About América Móvil
Visit: www.americamovil.com
About Liberty Latin America
Visit: www.lla.com
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For more information, contact:
| Liberty Latin America Investor Relations<br><br> <br>Kunal Patel<br><br> <br>ir@lla.com<br><br> <br><br><br> <br>Liberty Latin America Media Relations<br><br> <br>Kim Larson<br><br> <br>llacommunications@lla.com | América Móvil Investor Relations<br><br> <br>Daniela Lecuona<br><br> <br>daniela.lecuona@americamovil.com<br><br> <br><br><br> <br>América Móvil Media Relations<br><br> <br>Renato Flores<br><br> <br>renato.flores@americamovil.com |
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Forward-Looking Statements
This press release contains certain forward-lookingstatements that reflect the current views and/or expectations of AMX and its management with respect to its performance, business andfuture events. We use words such as “believe,” “anticipate,” “plan,” “expect,” “intend,”“target,” “estimate,” “project,” “predict,” “forecast,” “guideline,”“should” and other similar expressions to identify forward-looking statements, but they are not the only way we identify suchstatements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of importantfactors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed inthis press release. AMX is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-lookingstatements, whether as a result of new information, future events or otherwise.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: June 24, 2024
| AMÉRICA MÓVIL, S.A.B. DE C.V. | ||
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| By: | /S/ Alejandro<br>Cantú Jiménez<br><br><br> <br>* * * | |
| Name:<br>Title: | Alejandro Cantú Jiménez<br><br><br> <br>Attorney-in-fact |