America Movil Files 6-K Report

Ticker: AMXOF · Form: 6-K · Filed: Oct 17, 2024 · CIK: 1129137

Sentiment: neutral

Topics: filing-update, foreign-private-issuer

Related Tickers: AMX

TL;DR

AMX filed a 6-K on 10/17/24, 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 on October 17, 2024, reporting for the month of October 2024. The filing is a report of a foreign private issuer and indicates that the company files annual reports under Form 20-F. The company's principal executive office is located in Mexico City, Mexico.

Why It Matters

This filing serves as an update for investors and regulatory bodies regarding America Movil's status as a foreign private issuer and its reporting schedule.

Risk Assessment

Risk Level: low — This is a routine filing confirming the company's reporting status and does not contain new financial or operational information.

Key Players & Entities

FAQ

What type of filing is this for America Movil?

This is a Form 6-K, a Report of Foreign Private Issuer.

When was this Form 6-K filed?

The filing was made on October 17, 2024.

Does America Movil file annual reports under Form 20-F or 40-F?

America Movil indicates it files annual reports under Form 20-F.

Where is America Movil's principal executive office located?

The principal executive office is located at Lago Zurich 245 Plaza Carso / Edificio Telcel Colonia Ampliación Granada Alcaldía Miguel Hidalgo, 11529, Mexico City, Mexico.

What period does this 6-K report cover?

This report is for the month of October, 2024.

Filing Stats: 4,148 words · 17 min read · ~14 pages · Grade level 7.9 · Accepted 2024-10-17 16:06:59

Filing Documents

From the Filing

6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of October, 2024 Commission File Number: 1-16269 AMÉRICA MÓVIL, S.A.B. DE C.V. (Exact name of registrant as specified in its charter) America Mobile (Translation of Registrant´s name into English) Lago Zurich 245 Plaza Carso / Edificio Telcel Colonia Ampliación Granada Alcaldía 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 Form 20-F or Form 40-F. Form 20-F Form 40-F Indicate by check mark if the Registrant is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes No Indicate by check mark if the Registrant is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes No Indicate by check mark whether the registrant by furnishing the information contained in this Form 6-K is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No 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 third quarter of 2024. We added 1.8 million subscribers in the third quarter, including 1.4 million postpaids. Brazil contributed with 291 thousand and Colombia with 159 thousand. Our prepaid platform registered 468 thousand net additions, mostly from Colombia , Eastern Europe and Argentina, with 251 thousand, 213 thousand and 200 thousand, respectively. In the fixed-line segment we connected 327 thousand new broadband accesses, with Mexico adding 116 thousand, followed by Brazil with 59 thousand, and Argentina with 44 thousand. Third-quarter revenue totaled 223 billion pesos, with service revenue expanding 11.3% year-on-year in Mexican peso terms partly reflecting the year-on-year depreciation of the Mexican peso vs. the currencies in our region of operations except for the Brazilian real. At constant exchange rates service revenue rose 5.5%, an improvement on the 4.7% rate posted the prior quarter. Mobile service revenue posted its best performance in over a year, along with the postpaid segment, recording annual growth rates of 5.2% and 6.3% at constant exchange rates, respectively. On the fixed-line platform service revenue increased by 5.9% at constant exchange rates. Corporate networks and broadband revenue were up 10.1% and 7.4%, respectively, on the strength of our networks and commercial efforts. EBITDA increased by 11.9% in Mexican peso terms and 6.3% at constant exchange rates. Adjusted for one-offs, primarily from tower sales, EBITDA was up 7.3% reflecting the greater operating leverage stemming from our revenue expansion. We posted a net profit of 6.4 billion pesos in the quarter helped along by a 14.2% increase in our operating profit and a 4.8% reduction in comprehensive financing costs. In the nine months through September our net financing, 19.7 billion pesos, coupled with our operating cash flow, allowed us to cover 86.7 billion pesos in capital expenditures, 32.9 billion pesos in shareholder distributionssplit almost evenly between share buy-backs and dividend paymentsand 23.7 billion pesos in labor obligations. At the end of September, our net debtexcluding leasesstood at 433 billion pesos, and represented a net debt-to-EBITDAaL ratio of 1.34 times. 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 We will host our conference call to discuss 3Q24 financial and operating results on October 16 th at 9:00 am Mexico City time. To access the call please log on to www.americamovil.com/investors América Móvil Fundamentals 3Q24 3Q23 Earnings per Share (Mex$) (1) 0.10 0.03 Earning per ADR (US$) (2) 0.11 0.04 EBITDA per Share (Mex$) (3) 1.45 1.27 EBITDA per ADR (US$) 1.54 1.49 Net Income (millions of Mex$) 6,427 2,028 Average Shares Outstanding (billion) 61.5 63.1 Shares Outstanding End of Period (billion) 61.4 62.9 (1) Net Income / Average Shares Outstanding (2) 20 shares per ADR (3) EBITDA / Average Shares Outstanding América Móvils Subsidiaries as of September 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 60.2% EuroTeleSites towers 57.0% Brazil Claro wireless/wireline 99.6%

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