teleco.com.br

02/14/2012

americamovil.com	América Móvil	Brazil	Mexico	Others
	Annual	Annual	Telmex	Claro ARG
	Quarter	Quarter	Telcel	Comcel
		Embratel

In this page: Annual results gotten by América Móvil, Telecom company owned by the Mexican busenessman Carlos Slim.

Carlos Slim workes inside the telecommunication through the following companies:

Telmex, main fixed telephony operator in Mexico, during the privatization perior in 1990/1991. Telmex is the controller of Embratel in Brazil. In Dec/07, Telmex was divided into Telmex Mexico and Telmex International.
América Móvil, formed in 2000, it incorporated Telecel, main cellular operator in Mexico and other operators owned by the group. It the controller of Claro in Brazil.

AT&T has 23.4% of América Móvil's votting capital and 21% in Telmex.

In 2010, the group consolidated Telmex and Telmex International operations into América Móvil. Since 3Q10, América Móvil reports results incorpporating these companies.

América Móvil is the main cellular operator in Latin America. América Móvil and Telefonica control more than 70% of the mobile accesses in the region.

Digicel sold Digicel Honduras to America Movil, and acquired operations of Claro Jamaica. This purchase process was concluded in November 30th, 2011.

América Telecom is controled by Carlos Slim's family, that has the biggest part of the share with right to vote. AT&T Inc. has 23.4% of América Móvil's voting capital.

In Feb/06, América Móvil became the company holding the highest market cap in Latin America with US$ 117.59 Billion, according to Economática's estimation, surpassing Petrobras (US$ 98.66 Billion).

www.americamovil.com

Latin America

America Móvil controls in Latin America, the operators showed below. Recently it has gotten the following operators:

Cellulars (thousands)

Country	Oper.	Partic. (%)	2007	2008	2009	2010	2011
Mexico	Telcel	100	50,011	56,371	59,167	64,138	65,678
Argentina	Claro	100	14,618	16,589	18,236	19,637	20,744
Paraguay	Claro	100
Uruguay	Claro	100
Brazil	Claro	99.4	30,228	38,731	44,401	51,638	60,380
Chile	Claro	100	2,672	3,002	3,597	4,871	5,537
Colombia	Comcel	99.4	22,335	27,390	27,797	29,413	28,819
Ecuador	Conecel	100	6,936	8,304	9,449	10,624	10,859
Peru	Claro	100	5,455	7,178	8,311	9,686	11,057
Central America and Caribbean	Claro	**	11,653	13,967	15,587	17,269	18,524
Total Latin America	-	-	153,422	171,532	186,545	207,276	221,993
US	Tracfone*	98.2%	9,514	11,192	14,427	17,749	19,762
Total		-	153,422	182,724	200,972	225,024	241,755

* MVNO prepaid

** In 2010, America Movil consolidated Central America and Caribbean. Only Nicaragua, in which A. Movil has participation of 99.5%, in other countries this percantage reaches 100%.

Group's Accesses in the World

Accesses (Million)	2010	2011
Cellulars	225.0	241.8
Fixes and others	51.6	57.8
Total	276.6	299.6

Million US$	2009	2010	2011	∆Year
Services Revenue	39,333	44,609	43,085	(3.4)%
Equipments Revenue	3,850	4,582	4,460	(2.7)%
Other Revenues	-	-	-	-
Total Revenue*	43,183	49,191	47,545	(3.3)%
EBITDA	17,796	20,025	18,056	(9.8%)
EBTDA Margin %	41.2%	40.7%	38.0%	-
EBIT	11,342	12,321	11,048	(10.3%)
EBIT Margin %	26.3%	25.0%	23.2%	-
Net Profit	6,914	7,350	5,906	(19.6%)

* Results were consolidated for Fixed and Mobile.

Annual Results in Mex $

Million Mexican pesos	2009	2010	2011
Services Revenue	514,480	551,232	602,762
Equipments Revenue	50,353	56,623	62,394
Other Revenues	-	-	-
Total Revenue*	564,833	607,855	665,156
EBITDA	232,767	247,450	252,604
EBTDA Margin %	41.2%	40.7%	38.0%
EBIT	148,353	152,254	154,563
EBIT Margin %	26.3%	25.0%	23.2%
Net Profit	90,430	90,822	82,622

* Consolidated results for Fixed and Mobile.

Technology

GSM is the technology adopted by América Móvil and is also use in its operations. The company implemented its 3G network (WCDMA/HSDPA) in its operation inside Latin America.

Thousands	2007	2008	2009	∆Year
Cellulars	153,422	182,724	200,972	10.0%
Fixed Telephones*	22,704	24,550	23,865	(2.8%)
Broadband**	4,348	7,227	9,406	30.2%
Pay TV

Revenue (US$ Million)	2005	2006	2007	2008	2009	∆Year
América Móvil	17,184	21,687	28,541	25,029	28,582	14.2%
Telmex	11,761	11,877	11,978	8,987	8,624	(4.0%)
Telmex International	4,003	4,233	6,233	5,504	6,701	21.8%
Total	32,948	37,797	46,752	39,520	43,907	11.1%

Ebitda (US$ Million)	2005	2006	2007	2008	2009	∆Year
América Móvil	5,202	5,106	5,051	6,227	9,180	47.4%
Telmex	6,079	6,094	5,708	4,176	3,788	(9.3%)
Telmex International	894	624	1,674	1,296	1,635	26.2%
Total	12,175	11,824	12,433	11,699	14,603	24.8%

EBITDA Margin	2005	2006	2007	2008	2009
América Móvil	30.3%	23.5%	17.7%	24.9%	32.1%
Telmex	51.7%	51.3%	47.7%	46.5%	43.9%
Telmex International	22.3%	14.7%	26.9%	23.5%	24.4%
Total	37.0%	31.3%	26.6%	29.6%	33.3%