(1) Net Income / Average Shares outstanding (2)20 shares per ADR (3) Second quarter figures reflect the consolidation of TMX and TII, historical figures are not meant to be comparable, but the actual financial information reported in each of the periods (4) Reflects the increase in AMX post acquisition of Carso Global (5) As per Bank of NY Mellon (6)None of the figures in the table reflect the 2:1 split that became effective on June 29th.

In June, the Court of Appeals of NY resolved favorably for AMX a suit filed in 2008 alleging a breach of agreement in connection with the acquisition of a minority interest in the Ecuadorean company Conecel. The ruling is definitive.

With Cofetel decreeing a reduction in mobile termination rates from 95.00 to 39.12 Mexican peso cents per minute, as well as a change in the billing scheme from round minutes to per-second, Telcel is applying—under protest— since May 17th the new rates to all operators that terminate traffic on its network. The new rate implies a 71% reduction after factoring in the change in the billing scheme. The new effective interconnection rate is one of the lowest in the world.

On May 30th the Mexican Competition Commission (Cofeco) accepted the recourse of reconsideration presented by Telcel in relation to the fine levied by Cofeco a few weeksbeforeonthegroundsofTelcelallegedlyhavingincurredmonopolisticpractices throughout the period 2006-2009. The issue will be resolved definitely by Cofeco on or before September 30th.

We finished the quarter with 290 million accesses, 12.1% more than in the second quarter of 2010. This figure comprises 236 million wireless subscribers, 28.9 million landlines, 14.0 million broadband accesses and 11.6 million PayTV units. The number offixedlineswasup5.9%year-on-yearand that of broadband accesses 3.5%. PayTV grew the fastest: 34.0%.

Mexico gained 1.3 million subs, 22.2% more than in the same quarter of 2010. Post-paid net adds, 220 thousand, exceeded by 6.7% those of the prior year. In Brazil, we obtained 2.1 million new subscribers — 59.0% more than a year ago — with post paid net adds of 625 thousand. In Colombia, we added 669 thousand subs, almost three times as many as we gained in the same period of 2010. In Central America we obtained 327 thousand new subscribers, 6.1% more than the prior year.

Our operations in Peru, Ecuador and Chile added 378, 198 and 152 thousand new subscribers, respectively, in the second quarter of 2011. Tracfone, our subsidiary in the US, registered 225 thousand net additions in the period.

AttheendofJune,oursubscriberbasecomprised66.9millionsubscribersinMexico, 55.5 million in Brazil, 30.6 million in Colombia and 18.6 million in Argentina. We also had 18.8 million clients in the U.S. and 17.5 million in Central America and the Caribbean.

Includes total subscribers of all companies in which América Móvil holds an economic interest; does not consider the date in which the companies started being consolidated.

After adding 1.4 million lines in the quarter—37% more than in the prior year—we ended June with 54.5 million revenue generating units in the Americas, 13.8% more than in the same period of last year. Our operations in South America posted an annual growth rate of 29.5%.

At the end of the period we had 22.9 million RGUs in Mexico, 20.8 million in Brazil, 5.6 million in Central America and the Caribbean and 3.2 million in Colombia. In relative terms, our fastest growing operations were Ecuador and Peru—which reg- istered annual increases of 83.1% and 59.2%,  respectively—followed by Chile and Brazil with around 30% each.

Revenues rose 7.8% over the year-earlier quarter to 160 billion pesos with service revenues expanding at roughly the same rate, 7.6%, even after factoring in the effects ofthe71% effective reduction in mobile termination rates in Mexico brought about by the Telecom regulator Cofetel. Mobile revenues rose 9.4% to 101 billion pesos helped along by mobile data revenues that increased 26.7% whereas fixed-line revenues in- creased 5.2% to 58 billion pesos on the back of PayTV and broadband revenues that expanded 71.3% and 6.3% respectively. Several operations registered double-digit revenue growth while in Mexico, Central America and the Caribbean growth was more subdued—approximately 2%—because of the continued decline in fixed voice revenues and the reduction in mobile termination rates in Mexico.

The growth of fixed-line revenue generating units has accelerated and was in the second quarter, 13.8% year-on-year. This is the reflection of the greater acceptance of fixed-line bundled offerings, the so called double play and triple play offerings. Total accesses expanded 12.1%.

EBITDA came in at 62 billion pesos, up 1.8% year-on-year, leading to an operating profit of 38.2 billion pesos, slightly lower than the one posted a year before. The EBITDAmargin was off 2.3 percentage points from the year-earlier quarter to 38.8% as a result of the margin of our Mexican operations having fallen 3.4 percentage points. In various operations the EBITDAmargin was up from the prior year, including in Chile, Colombia-Panama, Ecuador and Peru.

Our comprehensive financing costs declined 42.3% year-on-year contributing to a 14.1% increase in net profits, as net interest expenses remained flat and were partially offset by foreign exchange gains. At 24.2 billion pesos, net profits were equivalent to 61 peso cents per share and 1.04 dollars per ADR.

Net debt rose to 217 billion pesos from 207 billion in December 2010 to help fund capital expenditures of 41 billion pesos and share buybacks and dividends of nearly 32 billion pesos—including 29.6 billion pesos of share buybacks in the quarter and dividend payments of 2.2 billion pesos—as well as the acquisition of 2 billion pesos of shares of Net Serviços and Telint. At the end of June our net debt was equivalent to 0.87 times the EBITDAof the last twelve months.

With annual wireless subscriber growth accelerating from 8.9% in the first quarter to 9.2% in the second quarter but fixed-line accesses decelerating from 2.4% to 1.0% total access growth remained very much on the same growth path it had been in the first quarter, around 7.0%. Wireless net subscriber additions of 1.3 million in the second quarter were 22.2% higher than a year before, but fixed-line accesses declined by 196 thousand in the period. Over the last twelve months post paid subs increased 2.5 times more rapidly than pre paids. Altogether we had 89.8 million accesses in Mexico at the end of June, of which 66.9 million were wireless.

Our second quarter revenues totaled 62.4 billion pesos having risen 1.7%, with wireless revenues expanding 3.2% to 37 billion pesos and fixed-line revenues falling 3.5% to 27 billion pesos.

Wireless gross service revenues decelerated from a 6.0% annual pace in the first quarter to 1.3% in the second quarter basically as result of an 18.5% decrease in the average price per minute of voice stemming in part from the reduction in mobile termination rates. By May 17th, all interconnection revenues of Telcel were being booked at the new rates defined by Cofetel. Year-on-year, Telcel’s second quarter interconnection revenues were down 50.2%.

Fixed-line revenues fell at a slightly lower rate in the second quarter, 3.5%, than they did in the first, 4.9%.

Second quarter EBITDA was down 4.4% from the year before to 32 billion pesos, mostly as a result of lower net interconection revenues, but also due to costs associ- ated to subscriber growth, the investments in customer service centers and generally in customer care programs, and to a lesser extent, the procurement of content for mobile users.

In the first half of the year, revenues totaled 124.4 billion pesos and EBITDA 64.1 billion pesos. Our core EBITDA—before subscriber acquisition costs—was slightly down year-on-year as the core EBITDA margin declined by two percentage points of revenues.

*Total Revenues reflect eliminations derived from the overlap of fixed and mobile operations as well as intercompany transactions; Wireless Revenues and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.

Our operations comprising Argentina, Paraguay and Uruguay finished June with just under 20 million accesses. Our wireless base reached 19.7 million subscribers, 3.0% more than a year ago, with our post paid subscriber base grew at an annual rate of 8.1%. It is important to keep in mind that Argentina and Uruguay have the highest wireless penetration rates in our region of operations. On the fixed-line platform, we had 248 thousand fixed-line revenue generating units inArgentina, 30.4% more than in 2010.

In the six months to June, revenues reached 5.6 billion Argentinean pesos and EBITDA 2.4 billion Argentinean pesos. They posted 20.6% and 18.7% increases respectively in relation to the first half of 2010.

During the quarter, we launched Claro TV in Paraguay, our satellite PayTV service.

*Total Revenues reflect eliminations derived from the overlap of fixed and mobile operations as well as intercompany transactions; Wireless Revenues and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.

We added 2.1 million wireless subscribers in Brazil during the second quarter—30% of them postpaid subs—to finish June with 55.5 million clients, 18.4% more than a year before. On the fixed-line side, we increased by 1.2 million accesses our revenue generating units to 20.8 million. Altogether, we had 76.3 million accesses in Brazil at the end of June, 21.7% more than in the same month of 2010.

In the second quarter, our revenues totaled 5.7 billion reais. They exceeded the prior year’s by 8.8%, with wireless revenues climbing 3.7% and fixed-line revenues 10.2%. Wireless revenues of 3.1 billion reais were driven by service revenues that expanded 6.2%(3.7%netofcommissionspaidtodistributors)evenaspricesperminuteofvoice came down. Wireless service revenues were led by data revenues which climbed 16.5% year-on-year.

Fixed-line revenue growth was supported by PayTV revenues that soared 153% over the prior year and by the acceleration of the pace of growth of wire-line voice revenues. They increased 7.2% annually in the second quarter compared to 1.6% in the first one with marked improvements in both local service revenues and national long distance ones.

EBITDA rose 3.7% from the year before to 1.6 billion reais and represented 27.9% of revenues. Whereas on the wireless platform, our core EBITDA margin (thatis,beforesubscriber acquisition costs) remained flat year-on-year, on the fixed line platform it was off 2.8 percentage points mostly on account of larger purchases of content, basically related to PayTV, and of publicity aimed at strengthening our brands.

Revenues in the first half of the year came in at 11.1 billion reais — 7.1% more than in the same period of 2010—and EBITDA at 3.1 billion reais, representing an EBITDA margin of 28%.

*Total Revenues reflect eliminations derived from the overlap of fixed and mobile operations as well as intercompany transactions; Wireless Revenues and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.

Postpaid

Prepaid

At 30.9 million in June, our wireless subscriber base in Colombia and Panama expanded 8.8% year-on-year. Net additions for the quarter, 689 thousand subs, tripled those of a year before. Postpaid net additions, 112 thousand, were 20.8% superior to those of a year before. Fixed revenue generating units were up 12.9% with landlines and broadband accesses growing approximately 30% in Colombia.

Second quarter revenues rose 13.1% from the year-earlier quarter to 2.1 trillion Colombian pesos. Net wireless service revenues (after commissions paid to distributors) were up 9.4% on the back of data revenues that soared 31.6% year-on-year. On the wire-line front, revenues for the quarter were up 9.2% with broadband services being the most dynamic element. Wireless revenues still represent more than 80% of the consolidated figure for those countries.

EBITDA totaled 994 billion Colombian pesos in the period; it was up 8.2% sequentially and 22.6% year-on-year, with the EBITDA margin rising 3.6 percentage points to 47.0%.

Revenues for the first half of the year, 4.1 trillion Colombian pesos, exceeded by 11.7% those of a year before, while EBITDA topped 1.9 trillion Colombian pesos having increased 17.8% from the prior year. The EBITDA margin expanded 2.4 percentage points to 46.3%.

*Total Revenues reflect eliminations derived from the overlap of fixed and mobile operations as well as intercompany transactions; Wireless Revenues and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.

After adding 328 thousand subscribers in the first half — 152 thousand in the second quarter — we finished June with 5.2 million wireless subscribers, 28.4% more than a year before. Our post paid subscriber base has out paced the pre paid one, increasing at an annual growth rate of 47.9%. We also had almost one million revenue generating units; these were 32.6% higher than those of the prior year supported by the strong growth of broadband accesses: 59.3%.

Second quarter revenues increased 19.2% year-on-year to reach 136 billion Chilean pesos. Net wireless service revenues jumped 28.1% in annual terms with data revenues rising 48.0%. Fixed line revenues — which account for a third of total revenues — expanded 9.5%.

The quarter’s EBITDA nearly doubled from a year before to 13.2 billion Chilean pesos supported by strong top line growth and a 3.8 point margin expansion that led it to 10.2% of revenues.

In the six months to June revenues totaled 263.4 billion Chilean pesos having risen 19.3% annually. EBITDA shot up 60.0% to 27.0 billion Chilean pesos with the EBITDA margin climbing 2.6 percentage points to 10.3%.

We continue to see increases in demand for our triple play offerings. We have become the second largest player in the PayTV market in Chile.

*Total Revenues reflect eliminations derived from the overlap of fixed and mobile operations as well as intercompany transactions; Wireless Revenues and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.

Our subscriber base reached 11.1 million subscribers — 9.9% more than in June of 2010—after adding 198 thousand wireless clients in the quarter.

Our second quarter revenues of 339 million dollars were 17.2% greater than those of the year-earlier quarter, with net wireless service revenues up 16.4% year-on-year. Mobile data revenues rose 25.0%, helping bring about a 6.6% ARPU increase over the year. Wire-line revenues exceeded by 60.9% those of the second quarter of 2010.

EBITDA of 186 million dollars was 19.5% higher than in the prior year as the EBITDA margin reached 54.8%, a gain of one percentage point in the period.

Revenues in the six months to June were up 15.7% to 666 million dollars, with EBITDA coming in at 365 million dollars, equivalent to 54.8% of revenues. The period’s EBITDA margin climbed 4.2 percentage points over twelve months.

Our operation stands out for its network quality and coverage, which have allowed us to maintain a positive balance of ported numbers since the  introduction of number portability in 2009.

*Total Revenues reflect eliminations derived from the overlap of fixed and mobile operations as well as intercompany transactions; Wireless Revenues and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.

Net adds of 378 thousand subscribers in the second quarter and 690 thousand in the six months to June took our subscriber base to 10.4 million. Postpaid net additions were more than twice as high as those obtained a year before and represented 42.3% of the quarter’s net adds. Since June 2010, postpaid subs have increased 57.6%. We reached 561 thousand revenue generating units in June, 59.2% more than in June 2010.

At 871 million soles, second quarter revenues were 16.5% higher than those of the prior year. Net wireless service revenues exhibited a 17.2% annual growth rate supported by a 64.9% rise in data revenues. Fixed-line revenues expanded 14.8% to 118 million soles, with data and PayTV revenues growing 63.3% and 59.1%, respectively. The quarter’s EBITDA was 401 million soles, 25.0% higher than in the year-earlier quarter. The EBITDAmargin for the period was 46.1% having gained 3.2 percentage points over the year.

Revenues in the six months to June were 1.7 billion soles and EBITDA 802 million soles. They were up 15.9% and 23.7% respectively from a year before, with the EBITDA margin climbing 1.6 percentage points to 46.7%.

*Total Revenues reflect eliminations derived from the overlap of fixed and mobile operations as well as intercompany transactions; Wireless Revenues  and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.

We finished June with 17.5 million wireless subscribers in Central America and the Caribbean. Net additions in Central America were 327 thousand in the quarter, some 6% higher than in 2010 whereas in the Caribbean we cleaned up our prepaid base in the Dominican Republic. Fixed line RGUs rose 8.8% over the year mostly driven by the increase in PayTV subscriptions.

Total revenues for the quarter were up 1.9% to 885 million dollars, with net wireless service revenues rising 8.0% helped along by wireless data revenues that observed a 71.8% annual increase. Fixed-line revenues declined 5.2%, as the increase in PayTV revenues (52.4%) was not enough to compensate for the decline in revenues coming from voice. EBITDA came in at 311 million dollars with the EBITDA margin almost flat at 35.1%.

Revenues for the first six months were 1.8 billion dollars and EBITDA 616 million dollars. They were up 2.7% and 1.3% respectively from the prior year.

*Total Revenues reflect eliminations derived from the overlap of fixed and mobile operations as well as intercompany transactions; Wireless Revenues and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.

Tracfone added 225 thousand subscribers in the quarter (one million in the first half) to finish June with 18.8 million clients, 17.9% more than a year before.

Revenues totaled 916 million dollars in the quarter and 1.8 billion through June. The quarter’s revenues were 33.9% higher than those of the year-earlier quarter whereas those of the first half exceeded by 38.3% the ones observed the same period of 2010 on the back of service revenues that jumped 47.9%. ARPUs increased 20.6% driven by a 77.7% rise in MOUs to 373 minutes per month as our SrtaightTalk plans continued to gain acceptance.

The quarter’s EBITDA was up 14.6% year-on-year to 84 million dollars, with the margin at 9.2%. In the first half of the year EBITDA came in at 147 million dollars, which represented an 8.4% margin.