America Movil Sab De CV 6-K, filed Feb 13, 2025

America Movil Sab De CV (AMX)

6-K 2025-02-13 For: 2025-02-13

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Added on April 03, 2026

About this 6-K

America Movil Sab De CV filed this 6-K on February 13, 2025.

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		Content

		Highlights

		Relevant events

		Subscribers

		América
		Móvil
		Consolidated


		Mexico


		Brazil


		Colombia


		Other South
		America


		Central
		America and The
		Caribbean


		Austria


		Other
		European


		Currency
		Exchange
		Rates


		Appendix


		Glossary


América Móvil Fundamentals

	4Q24	4Q23

Earnings per Share (Mex$) ⁽¹⁾	0.15	0.29

Earning per ADR (US$) ⁽²⁾	0.15	0.33

EBITDA per Share (Mex$) ⁽³⁾	1.49	1.25

EBITDA per ADR (US$)	1.48	1.42

Net Income (millions of Mex$)	9,480	18,062

Average Shares Outstanding (billion)	61.2	62.7

Shares Outstanding End of Period (billion)	61.0	62.5


América Móvil’s Subsidiaries as of December 2024

Country	Brand	Main Activity	Equity

Mexico	Telcel	wireless	100.0%

	Telmex	wireline	100.0%

Argentina	Claro	wireless/wireline	100.0%

Austria	A1	wireless/wireline	60.6%

	EuroTeleSites	towers	57.0%

Brazil	Claro	wireless/wireline	99.6%

Chile	Claro	wireless/wireline	94.9%

Colombia	Claro	wireless/wireline	99.4%

Costa Rica	Claro	wireless/wireline	100.0%

The Dominican Republic	Claro	wireless/wireline	100.0%

Ecuador	Claro	wireless/wireline	100.0%

El Salvador	Claro	wireless/wireline	95.9%

Guatemala	Claro	wireless/wireline	99.3%

Honduras	Claro	wireless/wireline	100.0%

Nicaragua	Claro	wireless/wireline	99.6%

Paraguay	Claro	wireless/wireline	100.0%

Peru	Claro	wireless/wireline	100.0%

Puerto Rico	Claro	wireless/wireline	100.0%

Uruguay	Claro	wireless	100.0%


		Content

		Highlights

		Relevant events

		Subscribers

		América
		Móvil
		Consolidated


		Mexico


		Brazil


		Colombia


		Other South
		America


		Central
		America and The
		Caribbean


		Austria


		Other
		European


		Currency
		Exchange
		Rates


		Appendix


		Glossary


		Content

		Highlights

		Relevant events

		Subscribers

		América
		Móvil
		Consolidated


		Mexico


		Brazil


		Colombia


		Other South
		America


		Central
		America and The
		Caribbean


		Austria


		Other
		European


		Currency
		Exchange
		Rates


		Appendix


		Glossary


Wireless subscribers as of December 2024

Total⁽¹⁾ (Thousands)

Country	Dec ’24	Sep ’24	Var.	%	Dec ’23	Var.	%

Argentina, Paraguay and Uruguay	29,158	28,840	1.1	%	28,043	4.0	%

Austria⁽²⁾	11,964	11,320	5.7	%	10,234	16.9	%

Brazil	87,145	88,276	-1.3	%	86,951	0.2	%

Central America	17,241	16,969	1.6	%	17,266	-0.1	%

The Caribbean	7,910	7,836	0.9	%	7,592	4.2	%

Colombia	40,953	40,597	0.9	%	39,240	4.4	%

Chile	5,902	5,924	-0.4	%	5,124	15.2	%

Eastern Europe	15,159	15,347	-1.2	%	15,011	1.0	%

Ecuador	9,862	9,689	1.8	%	9,426	4.6	%

Mexico	84,613	84,171	0.5	%	83,834	0.9	%

Peru	12,686	12,772	-0.7	%	12,510	1.4	%

Total Wireless Lines	322,593	321,740	0.3	%	315,230	2.3	%


Fixed-Line and Other Accesses (RGUs) as of December 2024

Total⁽¹⁾(Thousands)

Country	Dec ’24	Sep ’24	Var.	%	Dec ’23	Var.	%

Argentina, Paraguay and Uruguay	4,026	3,930	2.4	%	3,549	13.4	%

Austria	2,727	2,754	-1.0	%	2,847	-4.2	%

Brazil	22,390	22,509	-0.5	%	23,089	-3.0	%

Central America	5,203	5,120	1.6	%	4,923	5.7	%

The Caribbean	2,843	2,829	0.5	%	2,787	2.0	%

Colombia	9,583	9,561	0.2	%	9,440	1.5	%

Chile	3,035	3,122	-2.8	%	3,173	-4.3	%

Eastern Europe	3,625	3,539	2.4	%	3,423	5.9	%

Ecuador	597	579	3.1	%	560	6.6	%

Mexico	21,936	21,815	0.6	%	21,171	3.6	%

Peru	1,971	1,948	1.2	%	1,913	3.0	%

Total RGUs	77,936	77,704	0.3	%	76,875	1.4	%


Broadband accesses as of December 2024

Total⁽¹⁾ (Thousands)

Country	Dec ’24	Sep ’24	Var.	%	Dec ’23	Var.	%

Argentina, Paraguay and Uruguay	1,688	1,639	3.0	%	1,452	16.2	%

Austria	1,250	1,258	-0.6	%	1,284	-2.6	%

Brazil	10,279	10,204	0.7	%	9,991	2.9	%

Central America	1,685	1,645	2.4	%	1,552	8.6	%

The Caribbean	1,086	1,076	1.0	%	1,049	3.5	%

Colombia	3,432	3,421	0.3	%	3,372	1.8	%

Chile	1,435	1,470	-2.4	%	1,482	-3.2	%

Eastern Europe	1,541	1,511	2.0	%	1,450	6.3	%

Ecuador	351	344	1.8	%	323	8.6	%

Mexico	11,209	11,077	1.2	%	10,489	6.9	%

Peru	1,058	1,048	1.0	%	996	6.2	%

Total Broadband Accesses	35,013	34,694	0.9	%	33,441	4.7	%


América Móvil’s Income Statement Millions of Mexican pesos

	4Q24		4Q23		Var.%		Jan-Dec 24		Jan-Dec 23		Var.%

Service Revenue		196,253		164,740		19.1%		730,451		672,050		8.7%

Equipment Revenue		37,101		33,417		11.0%		127,362		126,859		0.4%

Other Revenue		3,586		2,555		40.4%		11,408		17,104		-33.3%

Total Revenue		236,940		200,713		18.0%		869,221		816,013		6.5%

Cost of Service		58,833		49,469		18.9%		219,518		204,613		7.3%

Cost of Equipment		33,804		29,828		13.3%		111,660		111,863		-0.2%

Selling, General & Administrative Expenses		50,862		41,959		21.2%		186,516		173,001		7.8%

Others		2,332		1,191		95.8%		7,298		6,966		4.8%

Total Costs and Expenses		145,832		122,446		19.1%		524,992		496,443		5.8%


EBITDA		91,108		78,267		16.4%		344,228		319,570		7.7%

% of Total Revenue		38.5%		39.0%				39.6%		39.2%

Adjusted EBITDA⁽¹⁾		90,941		76,656		18.6%		343,537		312,361		10.0%

% of Total Revenue		38.5%		38.2%				39.6%		38.6%



Depreciation & Amortization		44,717		36,459		22.6%		164,128		151,786		8.1%

EBIT		46,391		41,808		11.0%		180,100		167,784		7.3%

% of Total Revenue		19.6%		20.8%				20.7%		20.6%


Net Interest Expenses		12,601		9,267		36.0%		47,012		34,917		34.6%

Other Financial Expenses		4,922		5,502		-10.5%		-5,619		26,815		-121.0%

Foreign Exchange Loss		12,326		840		n.m.		70,698		-14,654		n.m.

Comprehensive Financing Cost (Income)		29,850		15,609		91.2%		112,091		47,078		138.1%

Income & Deferred Taxes		4,772		5,431		-12.1%		29,832		34,544		-13.6%

Net Income before Minority Interest and Equity Participation in Results of Affiliates		11,770		20,767		-43.3%		38,177		86,161		-55.7%

Equity Participation in Results of Affiliates		-807		-1,640		50.8%		-5,179		-5,372		3.6%

Minority Interest		-1,483		-1,065		-39.2%		-4,689		-4,679		-0.2%

Net Income		9,480		18,062		-47.5%		28,308		76,111		-62.8%


América Móvil’s Income Statement (excluding Argentina) Millions of Mexican pesos

	4Q24		4Q23		Var.%		Jan-Dec 24		Jan-Dec 23		Var.%

Service Revenue		185,634		167,646		10.7%		695,988		656,789		6.0%

Equipment Revenue		35,574		34,204		4.0%		122,261		123,252		-0.8%

Other Revenue		3,573		2,565		39.3%		11,369		17,074		-33.4%

Total Revenue		224,781		204,416		10.0%		829,618		797,115		4.1%

Cost of Service		55,802		50,378		10.8%		208,681		199,672		4.5%

Cost of Equipment		32,760		30,315		8.1%		108,374		109,813		-1.3%

Selling, General & Administrative Expenses		47,406		42,862		10.6%		176,029		167,761		4.9%

Others		2,246		1,182		90.1%		6,905		6,967		-0.9%

Total Costs and Expenses		138,215		124,736		10.8%		499,989		484,213		3.3%


EBITDA		86,566		79,680		8.6%		329,628		312,902		5.3%

% of Total Revenue		38.5%		39.0%				39.7%		39.3%

Adjusted EBITDA⁽¹⁾		86,399		78,069		10.7%		328,937		305,693		7.6%

% of Total Revenue		38.6%		38.2%				39.7%		38.7%



Depreciation & Amortization		41,586		37,377		11.3%		153,383		146,727		4.5%

EBIT		44,980		42,303		6.3%		176,245		166,175		6.1%

% of Total Revenue		20.0%		20.7%				21.2%		20.8%


Net Interest Expenses		12,863		9,360		37.4%		47,804		35,274		35.5%

Other Financial Expenses		7,643		3,221		137.3%		19,768		36,886		-46.4%

Foreign Exchange Loss		10,002		-7,270		237.6%		60,592		-38,081		259.1%

Comprehensive Financing Cost (Income)		30,509		5,311		n.m.		128,164		34,079		276.1%

Income & Deferred Taxes		2,680		7,868		-65.9%		19,878		39,304		-49.4%

Net Income before Minority Interest and Equity Participation in Results of Affiliates		11,792		29,123		-59.5%		28,203		92,791		-69.6%

Equity Participation in Results of Affiliates		-807		-1,641		50.8%		-5,179		-5,370		3.6%

Minority Interest		-1,469		-1,061		-38.4%		-4,633		-4,663		0.6%

Net Income		9,516		26,421		-64.0%		18,390		82,759		-77.8%


Balance Sheet - América Móvil Consolidated⁽¹⁾ Millions of Mexican Pesos

	Dec ‘24		Dec ‘23		Var.%			Dec ‘24		Dec ‘23		Var.%

Current Assets							Current Liabilities

Cash, Marketable Securities & Other Short Term Investments		83,336		100,353		-17.0%	Short Term Debt		104,211		160,964		-35.3%

Accounts Receivable		247,778		208,248		19.0%	Lease-Related Debt⁽²⁾		35,437		24,375		45.4%

Other Current Assets		14,820		12,294		20.5%	Accounts Payable		155,697		153,328		1.5%

Inventories		23,751		19,272		23.2%	Other Current Liabilities		208,028		185,740		12.0%

		369,685		340,167		8.7%			503,374		524,407		-4.0%


Non Current Assets							Non Current Liabilities

Plant & Equipment, gross		1,472,259		1,233,364		19.4%	Long Term Debt		464,271		339,713		36.7%

-Depreciation		764,979		604,713		26.5%	Lease-Related Debt⁽²⁾		177,666		100,794		76.3%

Plant & Equipment, net		707,280		628,651		12.5%	Other Liabilities		224,538		177,569		26.5%

Rights of Use⁽²⁾		199,460		113,568		75.6%			866,476		618,077		40.2%

Investments in Affiliates and Other Investments		17,587		29,295		-40.0%


Deferred Assets

Goodwill (Net)		161,585		146,079		10.6%

Intangible Assets		141,737		121,499		16.7%	Shareholder’s Equity		436,694		421,702		3.6%

Deferred Assets		209,209		184,927		13.1%



Total Assets		1,806,543		1,564,186		15.5%	Total Liabilities and Equity		1,806,543		1,564,186		15.5%


INCOME STATEMENT - Mexico Millions of MxP

	4Q24		4Q23		Var.%		Jan-Dec 24		Jan-Dec 23		Var.%

Total Revenue⁽¹⁾		83,851		84,447		-0.7%		332,024		324,417		2.3%

Total Service Revenue		66,299		64,081		3.5%		262,114		249,958		4.9%

Wireless Revenue		61,252		62,673		-2.3%		240,246		238,266		0.8%

Service Revenue		45,473		44,039		3.3%		178,687		171,483		4.2%

Equipment Revenue		15,779		18,634		-15.3%		61,559		66,783		-7.8%

Fixed Line Revenue⁽²⁾		20,926		20,143		3.9%		83,748		78,885		6.2%

Other Revenue		1,673		1,631		2.6%		8,030		7,266		10.5%

EBITDA		34,630		34,318		0.9%		140,397		132,308		6.1%

% total revenue		41.3%		40.6%				42.3%		40.8%

Adjusted EBITDA⁽³⁾		34,630		34,260		1.1%		139,873		131,312		6.5%

% total revenue		41.3%		40.6%				42.2%		40.6%

EBIT		26,326		25,587		2.9%		106,958		97,973		9.2%

% total revenue		31.4%		30.3%				32.2%		30.2%


INCOME STATEMENT - Peru Millions of Soles

	4Q24		4Q23		Var.%		Jan-Dec 24		Jan-Dec 23		Var.%

Total Revenue⁽¹⁾		1,675		1,604		4.5%		6,610		7,226		-8.5%

Total Service Revenue		1,319		1,248		5.7%		5,169		4,892		5.6%

Wireless Revenue		1,342		1,268		5.8%		5,284		5,090		3.8%

Service Revenue		996		935		6.6%		3,881		3,679		5.5%

Equipment Revenue		346		334		3.6%		1,403		1,412		-0.6%

Fixed Line Revenue⁽²⁾		323		314		3.0%		1,288		1,214		6.1%

Other Revenue		10		22		-52.2%		39		922		-95.8%

EBITDA		643		599		7.3%		2,506		2,948		-15.0%

% total revenue		38.4%		37.4%				37.9%		40.8%

Adjusted EBITDA⁽³⁾								2,506		2,299		9.0%

% total revenue								37.9%		36.2%

EBIT		304		277		9.5%		1,182		1,651		-28.4%

% total revenue		18.1%		17.3%				17.9%		22.8%


INCOME STATEMENT - Ecuador Millions of Dollars

	4Q24		4Q23		Var.%		Jan-Dec 24		Jan-Dec 23		Var.%

Total Revenue⁽¹⁾		275		266		3.2%		1,039		1,045	-0.6%

Total Service Revenue		238		231		2.8%		914		914	0.0%

Wireless Revenue		244		237		3.1%		923		934	-1.1%

Service Revenue		211		205		3.0%		807		809	-0.2%

Equipment Revenue		33		32		3.5%		115		125	-7.5%

Fixed Line Revenue⁽²⁾		28		27		4.7%		109		107	1.6%

EBITDA		133		129		3.1%		504		505	-0.3%

% total revenue		48.4%		48.5%				48.5%		48.4%

EBIT		74		94		-20.4%		281		303	-7.4%

% total revenue		27.1%		35.2%				27.0%		29.0%


Ecuador Operating Data

	4Q24		4Q23		Var.%

Wireless Subscribers (thousands)		9,862		9,426	4.6%

Postpaid		2,285		2,282	0.1%

Prepaid		7,576		7,144	6.1%

ARPU (US$)		7		7	-1.3%

Churn (%)		2.6%		3.2%	(0.5)

Revenue Generating Units (RGUs)⁽¹⁾		597		560	6.6%


	4Q24		4Q23		Var.%		Jan-Dec 24		Jan-Dec 23		Var.%

Total Revenue⁽¹⁾		12,584		11,718		7.4%		48,696		45,648		6.7%

Total Service Revenue		11,770		11,015		6.9%		46,122		43,396		6.3%

Wireless Revenue		7,504		6,786		10.6%		28,517		25,919		10.0%

Service Revenue		6,719		6,105		10.1%		26,023		23,797		9.4%

Equipment Revenue		784		682		15.1%		2,494		2,122		17.5%

Fixed Line Revenue⁽²⁾		5,065		4,910		3.1%		20,123		19,598		2.7%

EBITDA		5,507		5,075		8.5%		21,199		19,075		11.1%

% total revenue		43.8%		43.3%				43.5%		41.8%

Adjusted EBITDA⁽³⁾		5,507		4,913		12.1%		21,199		18,913		12.1%

% total revenue		43.8%		41.9%				43.5%		41.4%

EBIT		2,347		1,893		24.0%		8,627		6,679		29.2%

% total revenue		18.6%		16.2%				17.7%		14.6%



	4Q24		4Q23		Var.%

Wireless Subscribers (thousands)		87,145		86,951		0.2%

Postpaid		53,896		51,488		4.7%

Prepaid		33,249		35,463		-6.2%

ARPU (BrL)		25		24		7.5%

Churn (%)		3.1%		2.1%		1.0

Revenue Generating Units (RGUs)⁽¹⁾		22,390		23,089		-3.0%

Fixed Lines		7,387		7,936		-6.9%

Broadband		10,279		9,991		2.9%

PayTV		4,724		5,162		-8.5%


	4Q24		4Q23		Var.%		Jan-Dec 24		Jan-Dec 23		Var.%

Total Revenue⁽¹⁾		4,360		3,885		12.2%		15,894		15,154		4.9%

Total Service Revenue		3,058		2,922		4.6%		11,961		11,579		3.3%

Wireless Revenue		2,794		2,615		6.8%		10,484		10,169		3.1%

Service Revenue		1,830		1,740		5.1%		7,101		6,894		3.0%

Equipment Revenue		965		875		10.2%		3,383		3,276		3.3%

Fixed Line Revenue⁽²⁾		1,295		1,213		6.8%		5,005		4,790		4.5%

Other Revenue		271		57		377.9%		405		194		108.4%

EBITDA		1,690		1,625		4.0%		6,466		6,321		2.3%

% total revenue		38.8%		41.8%				40.7%		41.7%

Adjusted EBITDA⁽³⁾		1,654		1,625		1.8%		6,430		6,321		1.7%

% total revenue		39.9%		41.8%				41.0%		41.7%

EBIT		816		797		2.5%		2,973		3,157		-5.8%

% total revenue		18.7%		20.5%				18.7%		20.8%


INCOME STATEMENT - Argentina Millions of Constant ARS as of December 2024

	4Q24		4Q23		Var.%		Jan-Dec 24		Jan-Dec 23		Var.%

Total Revenue⁽¹⁾		547,884		455,691		20.2%		2,015,019		1,949,716	3.3%

Total Service Revenue		478,768		373,478		28.2%		1,753,296		1,574,182	11.4%

Wireless Revenue		448,070		387,149		15.7%		1,656,094		1,674,074	-1.1%

Service Revenue		379,557		305,415		24.3%		1,396,363		1,301,687	7.3%

Equipment Revenue		68,514		81,734		-16.2%		259,731		372,387	-30.3%

Fixed Line Revenue⁽²⁾		99,211		68,063		45.8%		356,933		272,496	31.0%

EBITDA		218,357		175,443		24.5%		791,366		765,164	3.4%

% total revenue		39.9%		38.5%				39.3%		39.2%

EBIT		195,515		147,641		32.4%		706,095		641,413	10.1%

% total revenue		35.7%		32.4%				35.0%		32.9%


Argentina Operating Data

	4Q24		4Q23		Var.%

Wireless Subscribers (thousands)		25,909		24,928	3.9%

Postpaid		9,648		9,448	2.1%

Prepaid		16,261		15,480	5.0%

ARPU (ARS)		4,798		1,582	203.3%

Churn (%)		1.2%		1.2%	(0.0)

Revenue Generating Units (RGUs)⁽¹⁾		3,668		3,212	14.2%



INCOME STATEMENT - Austria Millions of Euros

	4Q24		4Q23		Var.%		Jan-Dec 24		Jan-Dec 23		Var.%

Total Revenue⁽¹⁾		734		714		2.9%		2,807		2,798		0.3%

Total Service Revenue		632		626		1.0%		2,487		2,463		1.0%

Wireless Revenue		337		332		1.6%		1,293		1,287		0.5%

Service Revenue		270		272		-0.5%		1,083		1,070		1.2%

Equipment Revenue		67		60		11.2%		210		217		-3.2%

Fixed Line Revenue⁽²⁾		377		370		1.9%		1,449		1,461		-0.8%

EBITDA		254		276		-8.1%		1,039		1,064		-2.3%

% total revenue		34.6%		38.7%				37.0%		38.0%

Adjusted EBITDA		249		236		5.8%		1,033		1,030		0.3%

% total revenue		33.9%		33.0%				36.8%		36.8%

EBIT		85		118		-28.1%		387		493		-21.5%

% total revenue		11.6%		16.5%				13.8%		17.6%



INCOME STATEMENT - Other European Millions of Euros

	4Q24		4Q23		Var.%		Jan-Dec 24		Jan-Dec 23		Var.%

Total Revenue⁽¹⁾		742		661		12.3%		2,623		2,484		5.6%

Total Service Revenue		522		489		6.7%		2,031		1,911		6.3%

Wireless Revenue		505		469		7.8%		1,887		1,821		3.6%

Service Revenue		358		342		5.0%		1,425		1,368		4.2%

Equipment Revenue		147		127		15.6%		462		453		1.9%

Fixed Line Revenue⁽²⁾		224		179		25.3%		701		616		13.9%

EBITDA		271		219		23.8%		1,016		915		11.0%

% total revenue		36.6%		33.2%				38.7%		36.8%

EBIT		138		99		39.4%		513		478		7.3%

% total revenue		18.7%		15.0%				19.6%		19.3%


Exchange Rates Local Currency Units per MxP

	4Q24	4Q23	Var.%		Jan-Dec 24	Jan-Dec 23	Var.%

Euro

End of Period	0.0511	0.0653	-21.8	%	0.0511	0.0653	-21.8	%

Average	0.0531	0.0613	-13.3	%	0.0591	0.0609	-2.9	%

USD

End of Period	0.0493	0.0592	-16.7	%	0.0493	0.0592	-16.7	%

Average	0.0498	0.0569	-12.5	%	0.0546	0.0563	-3.0	%

Brazilian Real

End of Period	0.3055	0.2866	6.6	%	0.3055	0.2866	6.6	%

Average	0.2909	0.2818	3.2	%	0.2944	0.2813	4.7	%

Argentinean Peso

End of Period	50.9169	47.8557	6.4	%	50.9169	47.8557	6.4	%

Average	49.8711	25.4096	96.3	%	50.0510	16.6551	200.5	%

Chilean Peso

End of Period	49.1635	51.9206	-5.3	%	49.1635	51.9206	-5.3	%

Average	47.9360	50.9323	-5.9	%	51.5338	47.2638	9.0	%

Colombian Peso

End of Period	217.5392	226.2438	-3.8	%	217.5392	226.2438	-3.8	%

Average	216.5195	231.7967	-6.6	%	222.4847	243.8049	-8.7	%

Guatemalan Quetzal

End of Period	0.3802	0.4633	-17.9	%	0.3802	0.4633	-17.9	%

Average	0.3842	0.4455	-13.8	%	0.4239	0.4410	-3.9	%

Peruvian Sol

End of Period	0.1860	0.2198	-15.4	%	0.1860	0.2198	-15.4	%

Average	0.1872	0.2153	-13.1	%	0.2052	0.2110	-2.7	%

Dominican Republic Peso

End of Period	3.0294	3.4564	-12.4	%	3.0294	3.4564	-12.4	%

Average	3.0127	3.2514	-7.3	%	3.2562	3.1631	2.9	%

Belarusian Ruble

End of Period	0.1356	0.1627	-16.7	%	0.1356	0.1627	-16.7	%

Average	0.1368	0.1564	-12.5	%	0.1501	0.1547	-3.0	%



Financial Debt of América Móvil⁽¹⁾ Millions

	Dec -24		Dec -23

Peso - denominated debt (MxP)		130,585		142,607

Bonds⁽²⁾		120,205		89,927

Banks and others		10,380		52,680

U.S. Dollar - denominated debt (USD)		10,254		8,496

Bonds		9,094		8,496

Banks and others		1,160		0

Euro - denominated Debt (EUR)		4,318		6,542

Bonds		2,782		5,472

Commercial Paper		1,246		510

Banks and others		290		560

Sterling - denominated Debt (GBP)		2,200		2,200

Bonds		2,200		2,200

Reais - denominated Debt (BRL)		10,000		8,250

Bonds		10,000		8,250

Banks and others		0		0

Debt denominated in other currencies (MxP)⁽³⁾		50,852		16,441

Bonds		5,581		5,098

Banks and others		45,271		11,343

Total Debt (MxP)		568,482		500,677

Cash, Marketable Securities and Short Term Financial Investments (MxP)⁽⁴⁾		83,336		115,268

Net Debt (MxP)		485,146		385,409


ARPU		Average Revenue per User. The ratio of service revenue in a given period to the average number of wireless subscribers in the same period.

Capex		Capital Expenditure. Accrued capital expenditures related to the expansion of the telecommunications infrastructure.

Churn		Disconnection Rate. The ratio of wireless subscribers disconnected during a given period to the number of wireless subscribers at the beginning of that period.

EBIT		Earnings Before Interest and Taxes, also known as Operating Profit.

EBIT margin		The ratio of EBIT to total operating revenue.

EBITDA		Earnings Before Interest, Taxes, Depreciation, and Amortization.

EBITDAaL		Earnings Before Interest, Taxes, Depreciation, and Amortization. Adjusted after lease payments.

EBITDA margin		The ratio of EBITDA to total operating revenue.

EPS (Mexican pesos)		Earnings per share. Total earnings in Mexican pesos divided by total shares.

Earnings per ADR (US$)		Total earnings in U.S. dollars divided by total ADRs equivalent.

Gross additions		Total number of subscribers acquired during the period.

Licensed pops		Licensed population. Population covered by the licenses that each of the companies manage.


Market share		A company’s subscribers base divided by the total number of subscribers in that country.

MBOU		Megabytes of Use per subscriber. The ratio of wireless data in a given period to the average number of wireless subscribers in that same period. It is presented on a monthly basis.

Net subscriber additions		The difference in the subscriber base from one period to another. It is the different between gross additions and disconnections

Net debt		Total short and long term debt minus cash and marketable securities.

Net debt/ EBITDA		The ratio of total short and long-term debt minus cash and securities to trailing 12-month income before interest, taxes, depreciation and amortization.

Prepaid		Subscriber that may recharge a mobile phone. The client does not hold a contract with the company.

Postpaid		Subscriber that has a contract for the use of voice and data, mobile WiFi routers and machine-to-machine devices.

SAC		Subscriber Acquisition Cost. The sum of handset subsidies, marketing expenses and commissions to distributors for handset activation. Handset subsidy is calculated as the difference between equipment cost and equipment revenue.

Wireless penetration		The ratio of total wireless subscribers in any given country divided by the total population in that country.


AMÉRICA MÓVIL, S.A.B. DE C.V.

By:		/s/ Carlos José García Moreno Elizondo
Name:		Carlos José García Moreno Elizondo
Title:		Chief Financial Officer