America Movil Files 6-K Report
Ticker: AMXOF · Form: 6-K · Filed: Nov 7, 2024 · CIK: 1129137
Sentiment: neutral
Topics: reporting, foreign-private-issuer
Related Tickers: AMX
TL;DR
AMX filed a routine 6-K, no major news here.
AI Summary
America Movil SAB de CV filed a Form 6-K on November 7, 2024, for the period ending December 31, 2024. The filing is a report of a foreign private issuer and does not contain specific financial figures or operational updates in the provided text.
Why It Matters
This filing indicates ongoing reporting requirements for America Movil as a foreign private issuer, which is standard for companies listed on US exchanges.
Risk Assessment
Risk Level: low — The filing is a standard report of a foreign private issuer and does not contain new material information or significant financial events.
Key Players & Entities
- AMERICA MOVIL SAB DE CV (company) — Filer of the report
- America Movil (company) — Registrant's name in English
- 0001292814-24-004049 (document_id) — Accession Number for the filing
- 20241107 (date) — Filing date
- 20241231 (date) — Conformed period of report
FAQ
What type of filing is this?
This is a Form 6-K, a Report of Foreign Private Issuer.
Who is the filer?
The filer is AMERICA MOVIL SAB DE CV.
What is the reporting period covered?
The conformed period of report is 20241231.
When was this filing submitted?
The filing was submitted on 20241107.
Does America Movil file annual reports under Form 20-F or 40-F?
America Movil indicates it files annual reports under Form 20-F.
Filing Stats: 1,041 words · 4 min read · ~3 pages · Grade level 12.9 · Accepted 2024-11-06 17:46:44
Filing Documents
- amx20241106_6k.htm (6-K) — 21KB
- amx202411066k_001.jpg (GRAPHIC) — 3KB
- 0001292814-24-004049.txt ( ) — 27KB
From the Filing
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 Excha nge Act of 1934 For the month of November, 2024 Commission File Number: 1-16269 AMRICA MVIL, S.A.B. DE C.V. (Exact name of registrant as specified in its charter) America Mobile (Translation of Registrants name into English) Lago Zurich 245 Plaza Carso / Edificio Telcel Colonia Ampliacin 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 ___X___ 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 ___X____ 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 ___X____ 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 ___X____ “América Móvil informs about a resolution issued by the IFT” Mexico City, Mexico, November 6, 2024 - América Móvil S.A.B. de C.V. (“ AMX ”) [BMV: AMX, NYSE: AMX] informs that on this date it has received a resolution issued by the Federal Telecommunications Institute ( Instituto Federal de Telecomunicaciones , or “ IFT ”) related to its third “ biennial ” evaluation of the asymmetrical regulations imposed on March 2014 to Radiomóvil Dipsa, S.A. de C.V. (Telcel), Teléfonos de México, S.A.B. de C.V. (Telmex), and Teléfonos del Noroeste, S.A. de C.V. (Telnor), entities that are part of the denominated “preponderant economic agent” ( agente económico preponderante ) in the telecommunications sector, as well as to Red Nacional Última Milla, S.A.P.I. de C.V. (Red Nacional) and Red Última Milla del Noroeste, S.A.P.I. de C.V. (Red Noroeste). The IFT resolution does not consider the profound changes in the Mexican telecommunications sector after more than ten years from the imposition of the asymmetric regulations and it is not supported by an integral evaluation of the competition that exists in each of the telecommunications markets of the sector. The asymmetrical measures obey to requests made by competitors that are not committed with the development of the Mexican telecommunications sector and that want to maintain IFT’s regulatory subsidies and privileges in order to substitute the productive investments necessary to compete effectively. We will challenge the resolution in accordance with applicable law. The resolution determines to modify and add new asymmetrical regulations, for mobile and fixed services, mainly consisting of the following: A. Mobile Measures. (i) National Roaming : Continue with the provision of wholesale national roaming services during a 5-year period, exclusively in those geographic areas where requesting operators do not have infrastructure or do not provide mobile services. The service will be provided at rates to be negotiated amongst the operators, unless an agreement cannot be reached in which case the IFT will determine the applicable rates. (ii) End Users : (a) Provide all handsets un-locked; (b) the establishment of fixed or minimum terms in the telecommunications services agreements is forbidden (prohibition not applicable to so-called “ corporate clients ”); and (c) conditioning or linking the granting of bonuses, discounts or benefits, in a crossed or linked manner, between the handset purchase agreement and the telecommunications services agreement is forbidden. (iii) Distribution Channels : (a) Distribution agreements for the commercialization of telecommunication services, handsets, SIM cards and prepaid airtime, to be entered with the main third-party distributors, shall include certain obligations and restrictions; and (b) provide the IFT, periodically, with certain information related with such distribution agreements. (iv) Public Tenders : Provide to the IFT, periodically, certain information related to awarded public tenders with a contract amount above a threshold to be defined by the IFT. B. Fixed Measures. (i) Services with characteristics that differ from those in the Reference Terms : Upon request by an operator, wholesale services may be negotiated with terms different from those in the reference terms ( ofertas públicas de referencia ), as well as additional works, that shall be made available to the other operators on non-discriminatory basis. (ii) Rates for sharing of passive infrastructure : Rates applicable