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“América Móvil informs to the market”

Mexico City, March 11, 2016. América Móvil, S.A.B. de C.V. ("AMX") [BMV: AMX] [NYSE: AMX] [NASDAQ: AMOV] [LATIBEX: XAMXL], informs that today it has notified the Ministerio de Comercio, Industria y Turismo of Colombia, its intention to submit a claim to arbitration pursuant to the Free Trade Agreement between Mexico and Colombia (“FTA Mexico – Colombia”).

The purpose of the arbitration is the intended reversal (reversión de activos) of certain wireless telecommunications assets operated by AMX’s Colombian operating subsidiary, Comunicación Celular, S.A. (“COMCEL”).

AMX will request to the arbitration tribunal compensation relating to breaches to the FTA Mexico – Colombia and international law provisions.

The arbitration proceeding initiated by AMX is independent from the right that COMCEL has to exercise any and all applicable legal actions against any proceeding that the Ministerio de Tecnologías de la Información y las Comunicaciones may initiate.

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.