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Indicate by check mark whether the registrant by furnishing the information
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América Móvil informs about the status of the mobile license of
its Ecuadorian subsidiary"
MÉXICO CITY, MÉXICO, January 18, 2007 -- América Móvil, S.A.B. de C.V. (AMX) (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL) announced that as a result of the verifications made by the Ecuadorian Telecommunications Agency (Secretaría Nacional de Telecomunicaciones Senatel) to the network and facilities of its subsidiary, Consorcio Ecuatoriano de Telecomunicaciones, S.A., - Conecel -, such authority has determined not to early terminate its license to provide mobile services in Ecuador.
Conecel holds this license and provides mobile services in Ecuador since 1993. The license expires in August 2008. Conecel will continue working with the Ecuadorian authorities towards executing a new license agreement before August 2008, in order to continue providing mobile telecommunications services to the Ecuadorian population for an additional 15-year term.
About AMX
AMX is the leading provider of wireless services in Latin America. As of September 30, 2007, it had 143 million wireless subscribers and 3.8 million landlines in the Americas.
Legal Disclaimer
This press release contains certain forward-looking statements that reflect the current views and/or expectations of AMX 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. AMX 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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