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“América Móvil informs about a notice received from the Instituto Federal de Telecomunicaciones”
Mexico City, Mexico, December 5, 2013 -- América Móvil, S.A.B. de C.V. (“AMX”) (BMV: AMX; NYSE: AMX; NASDAQ: AMOV; LATIBEX: XAMXL), informs that it has received a notice from the Federal Telecommunications Institute (Instituto Federal de Telecomunicaciones, or “IFT”), regarding the initiation of a proceeding for the alleged determination of “preponderant economic actor” (agente económico preponderante), in the telecommunications market in Mexico, and the possible imposition of regulatory measures. The first stage of the proceeding initiated by the IFT consists in the provision of information regarding certain aspects of the telecommunications market.
AMX has also been informed that the operating subsidiaries Radiomóvil Dipsa, S.A. de C.V., and Teléfonos de México, S.A.B. de C.V., received notice of the initiation of proceedings in substantially the same terms.
About AMX
AMX is the leading provider of wireless services in Latin America. As of September 30, 2013, it had 265.1 million wireless subscribers and 68.3 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 |