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América Móvil announces a proposal for a dividend payment
MEXICO CITY (MEXICO), March 8, 2006. América Móvil, S.A. de C.V. (América Móvil) [BMV: AMX] [NYSE: AMX] [NASDAQ: AMOV] [LATIBEX:XAMXL] announced that in yesterdays meeting, the Board decided to submit to the Stockholders General Assembly consideration, which will respond on or before the 28 of April of the present year, among other things, a proposal to make effective the payment of a cash dividend as a result of a remainder on the net fiscal income account of the amount of $0.10 (ten peso cents), in a single exhibit, to each of the stock series "AA", "A" y "L" representative of the total equity of the Company (which includes the preferred divided correspondent to the shares of the "L" series).
About América Móvil
América Móvil is the leading provider of wireless services in Latin America. It has more than 93.3 million wireless subscribers in the Americas.
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This press release may contain forward-looking statements that reflect the current views and/or expectations of the Company and its management with respect to its performance, business and future events. Forward looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance, or achievements, and may contain words like "believe", "anticipate", "expect", "envisages", "will likely result", or any other words or phrases of similar meaning. 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 report. In no event, neither the Company nor any of its subsidiaries, affiliates, directors, officers, agents or employees shall be liable before any third party (including investors) for any investment or business decision made or action taken in reliance on the information and statements contained in this press release or for any consequential, special or similar damages.
AMERICA MOVIL, S.A. DE C.V.
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Carlos Garcia Moreno
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Name: Title: |
Carlos Garcia Moreno
Chief Financial Officer
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