AMÉRICA MÓVIL Files 6-K, Confirms 20-F Annual Reporting

Ticker: AMXOF · Form: 6-K · Filed: Feb 16, 2024 · CIK: 1129137

America Movil Sab De Cv/ 6-K Filing Summary
FieldDetail
CompanyAmerica Movil Sab De Cv/ (AMXOF)
Form Type6-K
Filed DateFeb 16, 2024
Risk Levellow
Pages14
Reading Time17 min
Sentimentneutral

Sentiment: neutral

Topics: regulatory-filing, form-6k, foreign-private-issuer

TL;DR

**AMÉRICA MÓVIL just filed a routine 6-K, confirming its foreign private issuer status and 20-F annual report filing.**

AI Summary

AMÉRICA MÓVIL, S.A.B. DE C.V. filed a Form 6-K with the SEC on February 16, 2024, for the month of February 2024. The filing confirms the company's status as a foreign private issuer and its intention to file annual reports under Form 20-F. The company's business address is Lago Zurich 245, Colonia Ampliación Granada, Miguel Hidalgo, 11529 Mexico City, Mexico.

Why It Matters

This filing provides regulatory transparency for investors, confirming AMÉRICA MÓVIL's compliance with SEC reporting requirements as a foreign private issuer.

Risk Assessment

Risk Level: low — This is a routine regulatory filing with no new material information that would indicate increased risk.

Key Players & Entities

FAQ

What type of report did AMÉRICA MÓVIL, S.A.B. DE C.V. file?

AMÉRICA MÓVIL, S.A.B. DE C.V. filed a Form 6-K, which is a 'Report of a Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 Under the Securities Exchange Act of 1934'.

When was this 6-K report filed?

The 6-K report was filed on February 16, 2024, for the month of February 2024.

What is the Commission File Number for AMÉRICA MÓVIL, S.A.B. DE C.V.?

The Commission File Number for AMÉRICA MÓVIL, S.A.B. DE C.V. is 1-16269.

Does AMÉRICA MÓVIL, S.A.B. DE C.V. file annual reports under Form 20-F or Form 40-F?

AMÉRICA MÓVIL, S.A.B. DE C.V. indicates that it files annual reports under Form 20-F.

What is the principal executive office address of AMÉRICA MÓVIL, S.A.B. DE C.V.?

The principal executive office address is Lago Zurich 245 Plaza Carso / Edificio Telcel, Piso 16, Colonia Ampliación Granada, Miguel Hidalgo, 11529 Mexico City, Mexico.

Filing Stats: 4,221 words · 17 min read · ~14 pages · Grade level 8 · Accepted 2024-02-16 17:20:43

Filing Documents

From the Filing

6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF A FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of February, 2024 Commission File Number: 1-16269 AMÉRICA MÓVIL, S.A.B. DE C.V. (Exact Name of the Registrant as Specified in the Charter) America Mobile (Translation of Registrants Name into English) Lago Zurich 245 Plaza Carso / Edificio Telcel, Piso 16 Colonia Ampliación Granada, 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 of Form 20-F or Form 40-F. Form 20-F Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Mexico City - América Móvil, S.A.B. de C.V. (América Móvil) [BMV: AMX] [NYSE: AMX, AMOV], announced today its financial and operating results for the fourth quarter of 2023. We added 3.9 million wireless subscribers in the quarter, including 2.7 million postpaid clients. Brazil contributed with 1.8 million new contract clients, while 329 thousand came from Austria, 124 thousand from Argentina and 109 thousand from Mexico. Our postpaid base was up 7.0% year-on-year to 122 million subscribers. On the prepaid segment we added 1.3 million clients, with Colombia gaining 456 thousand, Mexico 308 thousand, Argentina 278 thousand and Central America 269 thousand. On the fixed-line platform we obtained 386 thousand broadband accesses. Mexico was the leader by adding 165 thousand accesses followed by Brazil with 61 thousand, bringing the total to 32 million accesses, 4.1% more than a year before. For comparison purposes all the figures below exclude Argentina Fourth quarter revenue was down 2.5% year-on-year to 204.4 billion Mexican pesos, with service revenue nearly flat, -0.1% on account of the appreciation of the Mexican peso vs all other currencies in our region of operations. At constant exchange rates service revenue was up 3.7%. Mobile service revenue was up 4.2% year-on-year with revenue growth remaining stable in Mexico at 4.5%, and accelerating in Central America from 9.5% the prior quarter to 10.7%. Fixed-line service revenue increased 3.0% year-on-year. Revenue expanded at a faster pace in Mexico and Colombia at 5.9% each. Corporate networks expanded 8.1% from the year-earlier quarter, followed closely by broadband revenue that posted a 6.6% increase. Fourth quarter EBITDA came in at 79.7 billion pesos, a 3.3% reduction in nominal peso terms. At constant exchange rates and adjusting for extraordinary itemsmore importantly the tower sales in Mexico and Peru in the fourth quarter of 2022it rose 4.6%. Our operating profit totaled 42.3 billion pesos in the quarter. After comprehensive financing costs of 5.3 billion pesos and 7.3 billion pesos in foreign exchange gains, it resulted in a net profit of 26.4 billion pesos. Our cash flow figures include Argentina: Cash flow plus 21.1 billion pesos in net borrowings enabled us to cover capital expenditures in the amount of 156.3 billion pesos, shareholder distributions totaling 40.4 billion pesos and 11.8 billion pesos in labor obligations. Content Highlights Relevant events Subscribers América Móvil Consolidated Mexico Brazil Colombia Other South America Central America and Caribbean Austria Other European Currency Exchange Rates Appendix Glossary We will host our conference call to discuss 4Q23 financial and operating results on February 14 th at 9:00 am Mexico City time. To access the call please log on to www.americamovil.com/investors América Móvil Fundamentals (includes Argentina) 4Q23 4Q22 Earnings per Share (Mex$) (1) 0.29 0.22 Earning per ADR (US$) (2) 0.33 0.22 EBITDA per Share (Mex$) (3) 1.25 1.33 EBITDA per ADR (US$) 1.42 1.35 Net Income (millions of Mex$) 18,062 13,710 Average Shares Outstanding (billion) 62.7 63.5 Shares Outstanding End of Period (billion) 62.5 63.3 (1) Net Income / Average Shares Outstanding (2) 20 shares per ADR (3) EBITDA/ Average Shares Outstanding América Móvils Subsidiaries as of December 2023 Country Brand Main Activity Equity Mexico Telcel wireless 100.0% Telmex wireline 98.8% Argentina Claro wireless/wireline 100.0% Austria A1 wireless/wireline 58.4% EuroTeleSites towers 57.0% Brazil Claro wireless/wireline 99.6% Colombia Claro wireless/wireline 99.4% Costa Rica Claro wireless/wireline 100.0% Dominican Republic Claro wireless/wireline 100.0% Ecuador

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