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“América Móvil acquires media and advertisement unit of CIE”
Mexico City, Mexico, April 30, 2013 -- América Móvil, S.A.B. de C.V. (“AMX”) (BMV: AMX; NYSE: AMX; NASDAQ: AMOV; LATIBEX: XAMXL), announced today that as a result of the agreement entered into with Corporación Interamericana de Entretenimiento, S.A.B. de C.V. (“CIE”), during the first quarter of 2013, has acquired as of the date hereof 100% of the shares representing the capital stock of Corporación de Medios Integrales, S.A. de C.V. (“CMI”).
CMI holds the media and advertisement business within the commercial segment at CIE.
About AMX
AMX is the leading provider of wireless services in Latin America. As of March 31, 2013, it had 262.9 million wireless subscribers and 65.3 million fixed revenue generating units in the Americas.
Legal Disclaimer
This press release contains certain forward-looking statements that reflect the current views and/or expectations of AMX and its management with respect to its performance, business and future 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 such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. AMX is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
AMÉRICA MÓVIL, S.A.B. DE C.V. | ||
By: |
/S/ Alejandro Cantú Jiménez
| |
Name: Title: |
Alejandro Cantú Jiménez
Attorney-in-fact |