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América Móvil announces a proposal for a dividend payment
México City, México, March 13, 2007. América Móvil, S.A.B. de C.V. (BMV: AMX; NYSE: AMX; NASDAQ: AMOV; LATIBEX: XAMXL) (América Móvil) announced that in todays meeting, its Board of Directors resolved to submit to the General Ordinary Shareholders Meeting to be held on or before April 30, 2007, a proposal to make effective the payment of a cash dividend as a result of the balance on the net fiscal income account in the amount of $0.20 (twenty peso cents), in a single installment, to each of the stock series AA, A and L representative of the total equity of América Móvil (which includes the preferred dividend correspondent to the L shares).
About America Móvil
America Móvil is the leading provider of wireless services in Latin America. As of December 31, 2006, it had 124.8 million wireless subscribers and 2.9 million fixed wire lines in the Americas.
Legal Disclaimer
This press release contains certain 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. 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. América Móvil 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.
AMÉRICA MÓVIL, S.A.B. DE C.V.
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Carlos García Moreno
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Name: Title: |
Carlos García Moreno
Chief Financial Officer
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