UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF A FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2019

Commission File Number: 1-16269

AMÉRICA MÓVIL, S.A.B. DE C.V.

(Exact Name of the Registrant as Specified in the Charter)

America Mobile

(Translation of Registrant’s Name into English)

Lago Zurich 245

Plaza Carso / Edificio Telcel, Piso 16

Colonia Ampliación Granada, Miguel Hidalgo

11529 Mexico City, Mexico

(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

América Móvil’s third quarter of

2019 financial and operating report

Mexico City, October 15^th, 2019 - América Móvil, S.A.B. de C.V. (“América Móvil”) [BMV: AMX] [NYSE: AMX, AMOV], announced today its financial and operating results for the third quarter of 2019.

● We added 1.6 million postpaid subscribers in the third quarter, including 928 thousand in Brazil, 215 thousand in Mexico and 159 thousand in Austria. On the fixed-line platform we obtained 208 thousand new fixed-broadband clients.

● Mobile postpaid and fixed-broadband remain the main drivers of access growth at 7.8% and 5.6% year-on-year respectively, while our mobile prepaid subs and PayTV units declined 3.5% and 2.5%; fixed-voice accesses were roughly flat.

● Revenues of 248 billion pesos were 0.2% higher than a year before in Mexican peso terms notwithstanding the depreciation of various currencies vis-à-vis the Mexican peso, particularly the Colombian and Argentinean pesos.

● At constant exchange rates (excluding Argentina, given that it is subject to inflation-adjusted accounting) service revenues accelerated somewhat to 2.5% from 2.3% in the prior quarter with those on the mobile platform growing 4.6% year-over-year—11.1% in Brazil, 8.2% in Mexico, 4.7% in both Colombia and our European operations—and those on the fixed-line segment falling 1.2% mostly on account of the reduction of voice revenues.

● EBITDA of 78.8 billion pesos (under IFRS16) was equivalent to 31.7% of revenues. Under comparable accounting standards, and at constant exchange rates ex-Argentina, EBITDA shot up 7.2% after adjusting for extraordinary items in Brazil and Austria.

● Our operating profits in the quarter were up 7.3% to 38.1 billion pesos.

● We registered comprehensive financing costs of 12.4 billion pesos resulting mostly from foreign exchange losses derived mainly from the depreciation of the Colombian and Argentinean pesos relative to the U.S. dollar. After such costs, we obtained a net profit of 13.0 billion pesos in the period, equivalent to 20 peso cents per share or 20 dollar cents per ADR.

● Our net debt ended the period at 672.8 billion pesos including 112.4 billion in capitalized lease obligations, with the net debt to EBITDA ratio falling to 1.92x (using the organic EBITDA figure).

● Our cash flow, together with net financing of 15.9 billion pesos through September allowed us to fully cover capital expenditures of 99.9 billion pesos, fund shareholder distributions of 11.8 billion pesos, pay 6.3 billion pesos in acquisitions (Telefonica Guatemala) and amortize pension obligations in the amount of 17.1 billion pesos.

América Móvil Fundamentals

	3Q19		3Q18
Earnings per Share (Mex$)(1)		0.20		0.29
Earning per ADR (US$)(2)		0.20		0.30
EBITDA per Share (Mex$)(3)		1.19		1.09
EBITDA per ADR (US$)		1.23		1.15
Net Income (millions of Mex$)		13,028		18,881
Average Shares Outstanding (billion)		66.01		66.05

⁽¹⁾ Net Income / Average Shares Outstanding

⁽²⁾ 20 shares per ADR

⁽³⁾ EBITDA / Average Shares Outstanding

América Móvil’s Subsidiaries as of September 2019

Country	Brand	Business	Equity Participation
Mexico	Telcel	wireless		100.0%
	Telmex	wireline		98.8%
	Sección Amarilla(1)	other		100.0%
	Telvista	other		90.0%
Argentina	Claro	wireless		100.0%
	Telmex	wireline		99.7%
Brazil	Claro	wireless/wireline		98.5%
Chile	Claro	wireless		100.0%
	Telmex(1)	wireline		100.0%
Colombia	Claro	wireless/wireline		99.4%
Costa Rica	Claro	wireless		100.0%
Dominicana	Claro	wireless/wireline		100.0%
Ecuador	Claro	wireless/wireline		100.0%
El Salvador	Claro	wireless/wireline		95.8%
Guatemala	Claro	wireless/wireline		99.3%
Honduras	Claro	wireless/wireline		100.0%
Nicaragua	Claro	wireless/wireline		99.6%
Panama	Claro	wireless/wireline		100.0%
Paraguay	Claro	wireless/wireline		100.0%
Peru	Claro	wireless/wireline		100.0%
Puerto Rico	Claro	wireless/wireline		100.0%
Uruguay	Claro	wireless/wireline		100.0%
USA	Tracfone	wireless		100.0%
Netherlands	KPN	wireless/wireline		16.1%
Austria	Telekom Austria	wireless/wireline		51.0%

⁽¹⁾ Equity Participation of TELINT of which América Móvil owns 100%.

Access Lines

We ended September with 278.7 million wireless subscribers after adding 1.6 million postpaid subscribers in the quarter—of which 928 thousand came from Brazil, 215 thousand from Mexico and 159 thousand from Austria—and disconnecting 827 thousand prepaid subs, 905 thousand of them in Brazil.

As for fixed-RGUs, at the end of the quarter they totaled 84.3 million after net disconnections of 229 thousand fixed-RGUs, resulting from 208 thousand new broadband acceses and the disconnection of 247 thousand wire-lines and 190 thousand PayTV units.

Mobile postpaid and fixed-broadband remain the main drivers of access growth at 7.8% and 5.6% year-on-year respectively, with mobile prepaid and PayTV units declining 3.5% and 2.5%. Fixed-voice accesses were down 0.2% from a year before.

Wireless Subscribers as of September 2019

	Total(1) (Thousands)
Country	Sep ‘19		Jun ‘19		Var.%		Sep ‘18		Var.%
Argentina, Paraguay and Uruguay		24,536		24,417		0.5%		24,130		1.7%
Austria & CEE		21,520		21,180		1.6%		21,123		1.9%
Brazil		56,451		56,427		0.0%		58,954		-4.2%
Central America		15,290		15,450		-1.0%		15,954		-4.2%
Caribbean		6,139		6,064		1.2%		5,809		5.7%
Chile		6,779		6,725		0.8%		6,823		-0.6%
Colombia		30,577		30,144		1.4%		29,233		4.6%
Ecuador		8,422		8,356		0.8%		8,160		3.2%
Mexico		76,150		75,994		0.2%		74,704		1.9%
Peru		11,623		11,726		-0.9%		12,710		-8.6%
USA		21,229		21,435		-1.0%		21,793		-2.6%
Total Wireless Lines		278,716		277,916		0.3%		279,393		-0.2%

⁽¹⁾ 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.

Fixed-Line and Other Accesses (RGUs) as of September 2019

	Total(1) (Thousands)
Country	Sep ’19		Jun ’19		Var.%		Sep ’18		Var.%
Argentina, Paraguay and Uruguay		1,023		924		10.7%		743		37.7%
Austria & CEE		6,135		6,172		-0.6%		6,134		0.0%
Brazil		34,448		34,800		-1.0%		35,602		-3.2%
Central America		7,031		6,958		1.1%		6,121		14.9%
Caribbean		2,537		2,545		-0.3%		2,571		-1.3%
Chile		1,418		1,427		-0.6%		1,399		1.4%
Colombia		7,555		7,459		1.3%		7,074		6.8%
Ecuador		431		409		5.4%		378		14.1%
Mexico		22,158		22,311		-0.7%		21,801		1.6%
Peru		1,578		1,540		2.5%		1,460		8.0%
Total RGUs		84,315		84,544		-0.3%		83,285		1.2%

⁽¹⁾ Fixed Line, Broadband and Television (Cable & DTH).

Beginning January 1st we implemented IFRS 16 accounting standards. The information presented in this report was prepared in a prospective basis; comparable information is provided in the appendix.

The reported figures for Argentina corresponding to the third quarter of 2019 and the period January-September 2019 are presented in accordance with a) IAS29 reflecting the effects of the adoption of inflationary accounting that became mandatory after the Argentinean economy was deemed to be hyperinflationary in the third quarter of 2018 and b) IAS21 translated to Mexican pesos using the end-of-period exchange rate.

All comparisons at constant exchange rates for América Móvil’s consolidated figures will exclude Argentina to ensure consistency.

América Móvil Consolidated Results

Notwithstanding relatively strong economic reports in the U.S., as the global economy continued to slow down throughout the third quarter the concern that the country would follow brought about a major drop in U.S. interest rates in the period, with the Fed reducing the discount rate twice and 10 year Treasury yields falling to levels close to their all-time lows. In Latin America several central banks—Brazil, Mexico, Chile—introduced new interest rate reductions as well, as those countries were also experiencing a significant economic deceleration.

In spite of the above, we managed to post solid revenue growth in the quarter, with our revenues reaching 248 billion pesos. In Mexican peso terms they were slightly higher year-on-year, 0.2%, in spite of the depreciation of certain currencies (particularly the Colombian and Argentinean pesos) vis-à-vis the Mexican peso. At constant exchange rates revenue growth remained solid with service revenues expanding 2.5%, slightly faster than in the prior quarter (excluding Argentina in these calculations, since its accounting is expressed not in nominal terms but in inflation-adjusted terms). Several countries posted their best service revenue growth rates in over a year.

At 4.6%, mobile services were the driver of revenue growth, with revenues expanding 11.1% in Brazil, 8.2% in Mexico, 4.7% in both Colombia and our European operations. The Dominican Republic and Central America also registered strong performances. Postpaid revenues continued to accelerate, increasing at a pace of 5.8%, while prepaid revenues are exhibiting greater dynamism in several markets, including Mexico and Colombia, mainly on account of greater data consumption.

As for fixed-line service revenues, they declined 1.2%, principally because the reduction of fixed-voice revenues has countered the revenue increases from fixed-broadband services and corporate networks, 5.7% and 6.7% respectively. PayTV revenues, although still down 3.3% on a yearly basis, stabilized in the third quarter, posting a 2.0% sequential increase. In some countries—Colombia being an important example—the fixed line platform is growing well on all-three business lines.

Under IFRS16 our third quarter EBITDA came in at 78.2 billion pesos and was equivalent to 31.7% of revenues. Organically, and at constant exchange rates, our EBITDA expanded 3.0%. Adjusting for the booking last year of an extraordinary revenue item deriving from a legal proceeding in Brazil and for restructuring charges in Austria associated with its program of early retirement for employees, EBITDA increased 7.2% over the year-earlier quarter.

We registered operating profits of 38.1 billion pesos, up 7.3%, and comprehensive financing costs of 12.4 billion pesos resulting mostly from foreign exchange losses derived from the depreciation of the Colombian and Argentinean pesos relative to the U.S. dollar and their impact on accounts payable to suppliers and others. After these we obtained a net profit of 13.0 billion pesos in the period, equivalent to 20 peso cents per share or 20 dollar cents per ADR.

América Móvil’s Income Statement* Millions of Mexican pesos.

	3Q19(1)		3Q18(2)		Var.%		Jan - Sep 19(1)		Jan - Sep 18(2)		Var.%
Service Revenues		206,461		206,118		0.2%		622,158		636,642		-2.3%
Equipment Revenues		41,965		41,818		0.4%		122,003		121,811		0.2%
Total Revenues		248,426		247,936		0.2%		744,161		758,452		-1.9%
Cost of Service		73,810		79,638		-7.3%		223,151		243,273		-8.3%
Cost of Equipment		42,451		43,357		-2.1%		123,574		125,374		-1.4%
Selling, General & Administrative Expenses		52,018		51,236		1.5%		161,490		166,977		-3.3%
Others		1,341		1,761		-23.8%		3,939		5,370		-26.6%
Total Costs and Expenses		169,620		175,992		-3.6%(3)		512,154		540,995		-5.3%(3)
EBITDA		78,806		71,944		9.5%(3)		232,007		217,457		6.7%(3)
% of Total Revenues		31.7%		29.0%				31.2%		28.7%
Depreciation & Amortization		40,740		36,463		11.7%		121,789		117,252		3.9%
EBIT		38,065		35,481		7.3%(3)		110,218		100,205		10.0%(3)
% of Total Revenues		15.3%		14.3%				14.8%		13.2%
Net Interest Expense		8,431		4,927		71.1%		26,423		19,767		33.7%
Other Financial Expenses		-2,951		10,617		-127.8%		2,547		19,878		-87.2%
Foreign Exchange Loss		6,877		-18,775		136.6%		-3,540		-11,460		69.1%
Comprehensive Financing Cost (Income)		12,358		-3,231		n.m.(3)		25,431		28,186		-9.8%(3)
Income & Deferred Taxes		11,431		18,957		-39.7%		35,716		32,235		10.8%
Net Income before Minority
Interest and Equity Participation in Results of Affiliates		14,277		19,755		-27.7%		49,071		39,784		23.3%
Equity Participation in Results of Affiliates		-7		-17		60.7%		7		-23		128.9%
Minority Interest		-1,242		-856		-45.1%		-2,541		-1,679		-51.4%
Net Income		13,028		18,881		-31.0%(3)		46,537		38,082		22.2%(3)

*Note: The consolidated information for 2018 does not include the inflationary corrections accounting for Argentina.

⁽¹⁾  Under IFRS 16.

⁽²⁾  Under IAS 17.

⁽³⁾  The comparison is for reference only. It is not meaningful given figures were obtained with different methodologies. Comparable information is provided in the appendix 1.

n.m. Not meaningful.

At the end of September our net debt stood at 672.8 billion pesos, including 112.4 billion in capitalized lease obligations. Our net debt to EBITDA (last twelve months) ratio was 1.92 times (using for consistency the methodology prior to the introduction of IFRS 16).

Our cash flow, together with net financing of 15.9 billion pesos through September, allowed us to fully cover capital expenditures of 99.9 billion pesos, fund shareholder distributions of 11.8 billion pesos, pay 6.3 billion pesos in acquisitions (Telefonica Guatemala) and amortize pension obligations in the amount of 17.1 billion pesos.

Balance Sheet - América Móvil Consolidated Millions of Mexican Pesos

	Sep ‘19	Dec ‘18	Var.%				Sep ‘19	Dec ‘18	Var.%
Current Assets						Current Liabilities
Cash, Marketable Securities & Other Short Term Ivestments	67,025	70,676		-5.2	%	Short Term Debt*	131,420	96,231	36.6%
Accounts Receivable	226,816	221,514		2.4	%	Lease-Related Debt	27,355
Other Current Assets	17,837	16,560		7.7	%	Accounts Payable	266,928	278,391	-4.1%
Inventories	41,697	40,305		3.5	%	Other Current Liabilities	91,632	92,469	-0.9%
	353,375	349,056		1.2	%		517,335	467,091	10.8%
Non Current Assets						Non Current Liabilities
Plant & Equipment	730,318	640,001		14.1	%	Long Term Debt	496,062	542,692	-8.6%
Investments in Affiliates	2,496	3,133		-20.3	%	Lease-Related Debt	85,003
						Other Liabilities	159,723	173,568	-8.0%
Deferred Assets							740,788	716,260	3.4%
Goodwill (Net)	145,991	145,566		0.3	%
Intangible Assets	115,806	122,138		-5.2	%	Shareholder’s Equity	238,815	245,872	-2.9%
Deferred Assets	148,952	169,330		-12.0	%
Total Assets	1,496,939	1,429,223		4.7	%	Total Liabilities and Equity	1,496,939	1,429,223	4.7%

* Includes current portion of Long Term Debt.

Financial Debt of América Móvil*Millions

	Sep -19		Dec -18
Peso - denominated debt (MxP)		79,549		72,501
Bonds and other securities		58,049		68,001
Banks and others		21,500		4,500
U.S. Dollar - denominated debt (USD)		9,717		9,947
Bonds and other securities		8,975		9,353
Banks and others		742		594
Euro - denominated Debt (EUR)		11,062		11,281
Bonds and other securities		10,942		11,036
Banks and others		120		245
Sterling - denominated Debt (GBP)		2,750		2,750
Bonds and other securities		2,750		2,750
Reais - denominated Debt (BRL)		7,475		6,480
Bonds and other securities		7,475		6,475
Banks and others		0		5
Debt denominated in other currencies (MxP)		18,772		14,203
Bonds and other securities		6,143		6,240
Banks and others		12,629		7,963
Total Debt (MxP)		627,483		638,922
Cash, Marketable Securities and Short Term Financial Investments (MxP)		67,025		70,676
Net Debt (MxP)		560,458		568,246

*This table does not include the effect of forwards and derivatives used to hedge our foreign exchange exposure.

Mexico

We added 215 thousand postpaid subscribers and disconnected 59 thousand prepaid subs in the third quarter. After these movements, our postpaid base was up 6.0% year-on-year and our prepaid base 1.1%. On the fixed-line platform we disconnected 140 thousand voice lines.

Revenues at our Mexican operations totaled 72.9 billion pesos in the third quarter, up 2.9% from a year before, with service revenues expanding 4.1% buoyed by mobile service revenues that expanded 8.2%, to 34.6 billion pesos. Prepaid revenues rose 10.5%, outpacing postpaid revenues by nearly two times. ARPU was up 6.5% from the year before, to 152 pesos, supported by continued increases in MOUs—at 530 minutes, they remain the highest in Latam—and MBOUs, that have nearly doubled every year.

As for fixed service revenues, they were down 2.6% to 19.2 billion pesos mostly on account of fixed-voice revenues off 5.3%. Whereas revenues from fixed-broadband services declined 1.9%, those from corporate networks continued to post solid growth rates, at 10.4%. Overall, fixed-line service revenues represent 35.7% of our Mexican service revenues.

Our EBITDA totaled 27.2 billion pesos under IFRS16, representing an EBITDA margin of 37.3%. Organically, our EBITDA was up 7.6% from the year-earlier quarter with the EBITDA margin climbing 1.5 percentage points on continued revenue growth on mobile and good control over costs.

INCOME STATEMENT - MexicoMillions of MxP

	3Q19(1)		3Q18(2)		Var.%		Jan - Sep 19 (1)		Jan - Sep 18(2)		Var.%
Total Revenues*		72,926		70,877		2.9%		213,473		207,724		2.8%
Total Service Revenues		53,785		51,681		4.1%		158,614		153,392		3.4%
Wireless Revenues		52,699		49,354		6.8%		151,936		142,695		6.5%
Service Revenues		34,569		31,942		8.2%		100,462		93,529		7.4%
Equipment Revenues		18,130		17,412		4.1%		51,474		49,166		4.7%
Fixed Line and Other Revenues		19,947		20,999		-5.0%		60,669		63,738		-4.8%
EBITDA		27,178		23,152				79,219		69,419
% total revenues		37.3%		32.7%				37.1%		33.4%
EBIT		18,431		15,776				53,008		46,985
%		25.3%		22.3%				24.8%		22.6%

*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.

Total revenues include other income.

⁽¹⁾ Under IFRS 16.

⁽²⁾ Under IAS 17.

Mexico Operating Data

	3Q19		3Q18		Var.%
Wireless Subscribers (thousands)		76,150		74,704		1.9%
Postpaid		14,107		13,315		6.0%
Prepaid		62,043		61,389		1.1%
MOU		530		521		1.8%
ARPU (MxP)(1)		152		143		6.5%
Churn (%)		4.2%		4.2%		(0.1)
Revenue Generating Units (RGUs)*		22,158		21,801		1.6%
Fixed Lines		12,448		12,428		0.2%
Broadband		9,710		9,373		3.6%

* Fixed Line and Broadband.

⁽¹⁾ Under IFRS 15.

Argentina

For comparison purposes all comments in this section related to annual variations of the presented period for Argentina refer to figures in constant peso terms, that is, adjusted for inflation in accordance to NIC 29. Information of Uruguay and Paraguay are not presented in the table.

Third quarter revenues in Argentina declined 7.9% annually to 22.3 billion Argentinean pesos. Mobile service revenues were down 6.7% with those of the prepaid segment falling 15.2% as the contraction of disposable income was more hardly felt in such segment. On the other hand, fixed service revenues expanded 2.7% on the back of PayTV and corporate services. In an effort to maintain profitability, we have been able to reduce costs and expenses by 11.5% year-on-year. EBITDA (under IFRS16) was 9.2 billion Argentinean pesos, and the EBITDA margin stood at 41.3% of revenues. Under comparable accounting standards, it declined 10.0% in real terms.

In Paraguay service revenues increased 9.0% in local currency terms, accelerating from 8.2% in the precedent quarter, mostly on the back of PayTV; with EBITDA rising in line with revenues. In Uruguay, although service revenues were up 5.5%, EBITDA declined 9.6% due to a substantial increase in interconnection costs.

INCOME STATEMENT - ArgentinaMillions of Constant ARP of September 2019

	3Q19(1)		3Q18(2)		Var.%		Jan - Sep 19(1)		Jan - Sep  18(2)		Var.%
Total Revenues*		22,315		24,222		-7.9%		67,759		73,751		-8.1%
Total Service Revenues		18,273		19,433		-6.0%		55,146		58,815		-6.2%
Wireless Revenues		20,829		22,785		-8.6%		63,174		69,870		-9.6%
Service Revenues		16,787		17,997		-6.7%		50,561		54,934		-8.0%
Equipment Revenues		4,042		4,788		-15.6%		12,613		14,936		-15.6%
Fixed Line and Other Revenues		1,646		1,595		3.2%		5,010		4,341		15.4%
EBITDA		9,214		9,424				28,028		28,507
% total revenues		41.3%		38.9%				41.4%		38.7%
EBIT		7,197		7,931				22,637		24,821
%		32.3%		32.7%				33.4%		33.7%

* Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.

Total revenues include other income.

⁽¹⁾ Under IFRS 16.

⁽²⁾ Under IAS 17.

Argentina Operating Data

	3Q19		3Q18		Var.%
Wireless Subscribers (thousands)(1)		21,885		21,797		0.4%
Postpaid		8,418		8,377		0.5%
Prepaid		13,467		13,421		0.3%
MOU		77		79		-2.2%
ARPU (ARP)(2)		240		169		42.0%
Churn (%)		1.8%		1.9%		(0.1)
Revenue Generating Units (RGUs)*		695		436		59.4%

* Fixed Line, Broadband and Television.

⁽¹⁾ Hybrid subscribers are now included in our postpaid figures

⁽²⁾ Under IFRS 15.

Brazil

We continued to make inroads in the mobile postpaid segment during the third quarter gaining 928 thousand subscribers, with Claro outdoing all competitors in this segment for the last ten consecutive months. At the end of September our postpaid base had increased 11.6% compared to December. As for the fixed-line platform, we disconnected 116 thousand fixed lines and 236 thousand PayTV clients.

Third quarter revenues were up 2.0% year-on-year to 9.1 billion reais, with service revenues rising 2.2% on the back of strong mobile revenues and the stabilization of fixed revenues. Mobile service revenues posted an 11.1% increase—up from 8.9% in the preceding quarter and 6.3% in the first quarter—mainly on the back of a surge in postpaid revenues, up 13.5%, with prepaid revenues also staging a comeback, having risen nearly 5%. ARPU jumped 15.7% to 19.1 reais on the back of major MOU and MBOU increases: approximately 40% and 80% respectively.

The investments made over the last decade to build a robust, state-of-the-art convergent platform in Brazil are paying off. They have allowed us to offer the fastest mobile network in the country, running 4.5G technology in several important cities, covering 73.7% of the population. This has been instrumental in driving up the share of mobile service revenues in the total to 37% of our Brazilian revenues.

On the fixed-line platform the revenue decline seen over a number of quarters has nearly stopped. Although still down compared to the prior year, fixed-revenues were practically flat quarter-over-quarter helped along by the apparent stabilization of PayTV revenues and the continued strong

performance in fixed-broadband services, whose revenues increased 11.1% from the year-earlier quarter. Both business lines were roughly flat on a sequential basis. In the ultrabroadband segment with speeds greater than 34Mbps we continue to be the leader with 49% market share.

EBITDA came in at 3.4 billion reais under IFRS16, representing an EBITDA margin of 37.3% of revenues. Organically—adjusting for the extraordinary booking last year of a revenue item derived from having won certain legal proceedings involving taxes—EBITDA was up 7.6% compared from a year before, with the EBITDA margin rising 1.7 percentage points.

INCOME STATEMENT - BrazilMillions of BrL

	3Q19(1)		3Q18(2)		Var.%		Jan - Sep 19(1)		Jan-Sep18(2)		Var.%
Total Revenues*		9,111		8,932		2.0%		27,033		26,639		1.5%
Total Service Revenues		8,831		8,645		2.2%		26,192		25,831		1.4%
Wireless Revenues		3,493		3,195		9.3%		10,152		9,377		8.3%
Service Revenues		3,241		2,918		11.1%		9,361		8,605		8.8%
Equipment Revenues		251		277		-9.3%		791		772		2.5%
Fixed Line and Other Revenues		5,590		5,726		-2.4%		16,831		17,225		-2.3%
EBITDA		3,400		3,329				10,046		9,011
% total revenues		37.3%		37.3%				37.2%		33.8%
EBIT		1,364		1,202				4,077		2,682
%		15.0%		13.5%				15.1%		10.1%

* Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenues include other income.

⁽¹⁾ Under IFRS 16.

⁽²⁾ Under IAS 17.

Brazil Operating Data

	3Q19		3Q18		Var.%
Wireless Subscribers (thousands)		56,451		58,954		-4.2%
Postpaid		26,243		22,279		17.8%
Prepaid		30,207		36,675		-17.6%
MOU(1)		160		115		39.4%
ARPU (BrL)(2)		19		17		15.7%
Churn (%)		4.2%		4.0%		0.1
Revenue Generating Units (RGUs)*		34,448		35,602		-3.2%

* Fixed Line, Broadband and Television.

⁽¹⁾ We modified the methodology for calculating MOUs. We no longer include M2M subscribers.

⁽²⁾ Under IFRS 15.

Chile

Revenues of 206 billion Chilean pesos in the quarter were 3.0% lower than those obtained in the prior year with service revenues falling 5.0%. Whereas fixed-line service revenues—48% of the total—increased 0.5% over the year as revenues from enterprise solutions kept on rising 9.0% and those from PayTV 3.2%, mobile service revenues were down 9.6% dragged down by prepaid revenues that plummeted 40% in the face of disruptive competition and an 80% reduction in interconnection rates that took effect on January 1st. In the absence of such change in interconnection rates, mobile service revenues would have fallen 3.2%.

EBITDA under IFRS16 was nearly 47 billion Chilean pesos with a margin equivalent to 22.8%. Under the prior accounting methodology, EBITDA declined 8.3% from the year-earlier quarter.

INCOME STATEMENT - ChileMillions of ChPL

	3Q19(1)		3Q18(2)		Var.%		Jan - Sep 19(1)		Jan - Sep 18(2)		Var.%
Total Revenues*		206,226		212,606		-3.0%		624,079		618,824		0.8%
Total Service Revenues		170,880		179,941		-5.0%		511,175		534,876		-4.4%
Wireless Revenues		124,123		130,985		-5.2%		377,100		380,643		-0.9%
Service Revenues		88,856		98,323		-9.6%		265,556		296,770		-10.5%
Equipment Revenues		35,268		32,663		8.0%		111,544		83,873		33.0%
Fixed Line and Other Revenues		82,024		81,619		0.5%		245,619		238,105		3.2%
EBITDA		46,968		39,973				131,758		115,499
% total revenues		22.8%		18.8%				21.1%		18.7%
EBIT		-37,291		-17,115				-85,694		-54,782
%		-18.1%		-8.1%				-13.7%		-8.9%

*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenues include other income.

⁽¹⁾ Under IFRS 16.

⁽²⁾ Under lAS 17.

Chile Operating Data

	3Q19		3Q18		Var.%
Wireless Subscribers (thousands)		6,779		6,823		-0.6%
Postpaid		2,242		2,031		10.4%
Prepaid		4,537		4,792		-5.3%
MOU		168		164		2.3%
ARPU (ChP)(1)		5,161		5,187		-0.5%
Churn (%)		6.0%		6.4%		(0.4)
Revenue Generating Units (RGUs)*		1,418		1,399		1.4%

* Fixed Line, Broadband and Television.

⁽¹⁾ Under IFRS 15.

Colombia

In the third quarter our Colombian operations added 134 thousand mobile postpaid clients and 298 thousand prepaid subs, while gaining 96 thousand clients on the fixed-line platform.

Revenues reached 3.3 trillion Colombian Pesos in the quarter on the back of service revenues that expanded 6.3% year-on-year, their best performance in more than four quarters, as both fixed and mobile service revenues grew more rapidly than they had for at least five quarters. Equipment revenues jumped 43.1% on the back of handset financing.

Fixed-line service revenues rose 8.9%, driven by fixed-broadband services, offered to both retail and corporate clients, that expanded 13.6% over the year-earlier quarter, roughly twice as fast as those coming from PayTV and fixed-telephony. Fixed-line service revenues have seen their share of our integrated service revenues rise significantly over the last several quarters, to nearly 40%.

On the mobile platform service revenues reached 1.5 trillion Colombian pesos; they were up 4.7% from the year before, as prepaid revenues accelerated sharply even though postpaid revenues slowed down somewhat. Both prepaid and postpaid revenues were growing at roughly similar paces.

Under IFRS16 our EBITDA totaled 1.4 trillion Colombian pesos. It increased 12.8% organically from the year-earlier quarter, with the corresponding EBITDA margin roughly flat in relation to total revenues, but increasing 3.2 percentage points relative to service revenues.

INCOME STATEMENT - Colombia Billions of COP

	3Q19(1)		3Q18(2)		Var.%		Jan - Sep 19(1)		Jan-  Sep 18(2)		Var.%
Total Revenues*		3,269		2,880		13.5%		9,302		8,582		8.4%
Total Service Revenues		2,462		2,317		6.3%		7,219		6,876		5.0%
Wireless Revenues		2,293		1,997		14.8%		6,452		5,990		7.7%
Service Revenues		1,528		1,459		4.7%		4,488		4,360		2.9%
Equipment Revenues		766		538		42.4%		1,964		1,629		20.6%
Fixed Line and Other Revenues		962		875		10.1%		2,794		2,562		9.0%
EBITDA		1,413		1,198				4,051		3,536
%		43.2%		41.6%				43.5%		41.2%
EBIT		838		683				2,334		2,022
%		25.6%		23.7%				25.1%		23.6%

*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.

Total revenues include other income.

⁽¹⁾ Under IFRS 16.

⁽²⁾ Under IAS 17.

Colombia Operating Data
	3Q19		3Q18		Var.%
Wireless Subscribers* (thousands)		30,577		29,233		4.6%
Postpaid		7,249		6,887		5.3%
Prepaid		23,328		22,346		4.4%
MOU(1)		279		213		31.0%
ARPU (COP)(2)		16,649		16,593		0.3%
Churn(%)		4.6%		4.5%		0.1
Revenue Generating Units (RGUs)**		7,555		7,074		6.8%

*Due to differences in the policy for accounting active subscribers, the figures in this report are different from those published by the Ministry of Communications of Colombia (MinTIC).

**Fixed Line, Broadband and Television.

⁽¹⁾ We modified the methodology for calculating MOUs. We no longer include M2M subscribers.

⁽²⁾ Under IFRS 15.

Ecuador

Third quarter revenues declined 1.3% to 327 million dollars, with service revenues falling 0.9% from the year-earlier quarter. Mobile service revenues were off 1.5% in spite of steady improvements in the postpaid segment as prepaid revenues were dragged down by aggressive pricing promotions. As for fixed-line service revenues, they helped offset part of the decline in mobile revenues, having increased 7.2% on the back of broadband revenues, up 16.6%.

Under IFRS16 third quarter EBITDA came in at 143 million dollars or 43.6% of revenues. On a comparable basis, EBITDA was up 5.4% and the EBITDA margin 2.6 percentage points higher than a year before.

INCOME STATEMENT - EcuadorMillions of Dollars
	3Q19(1)		3Q18(2)		Var.%		Jan - Sep 19(1)		Jan - Sep 18(2)		Var.%
Total Revenues*		327		331		-1.3%		987		979		0.8%
Total Service Revenues		275		277		-0.9%		826		828		-0.2%
Wireless Revenues		304		309		-1.9%		917		914		0.3%
Service Revenues		253		257		-1.5%		761		767		-0.8%
Equipment Revenues		51		53		-3.7%		156		147		6.4%
Fixed Line and Other Revenues		23		22		6.4%		69		65		5.8%
EBITDA		143		128				427		381
% total revenues		43.6%		38.6%				43.2%		38.9%
EBIT		86		77				256		226
%		26.5%		23.1%				26.0%		23.0%

*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenues include other income.

⁽¹⁾ Under IFRS 16.

⁽²⁾ Under IAS 17.

Ecuador Operating Data
	3Q19		3Q18		Var.%
Wireless Subscribers (thousands)		8,422		8,160		3.2%
Postpaid		2,672		2,603		2.7%
Prepaid		5,750		5,557		3.5%
MOU		447		429		4.2%
ARPU (US$)(1)		10		11		-4.8%
Churn (%)		4.3%		4.7%		(0.4)
Revenue Generating Units (RGUs)*		431		378		14.1%

*Fixed Line, Broadband and Television.

⁽¹⁾ Under IFRS 15.

Peru

Revenues of 1.3 billion soles in the third quarter were up 1.7% year-on-year with service revenues declining 6.2% reflecting both the 36% reduction in interconnection rates in 2019 and a competitive market. Mobile service revenues came down 7.7%, partly on account of the move in interconnection rates; in its absence the decline would have been -2.9%. Fixed service revenues, which represent 22% of the total, were 0.3% lower than a year before as voice revenues fell 8.9% offsetting the 7.6% growth of broadband revenues.

EBITDA came in at 395 million soles under IFRS16, equivalent to 30.2% of revenues. Under comparable accounting standards, EBITDA rose 14.8% and the margin climbed 3.1 percentage points on the back of strict cost controls, posting the highest EBITDA figure in nine quarters.

INCOME STATEMENT - PeruMillions of Soles

	3Q19(1)		3Q18(2)		Var.%		Jan - Sep 19(1)		Jan - Sep  18(2)		Var.%
Total Revenues*		1,307		1,284		1.7%		3,832		3,888		-1.4%
Total Service Revenues		940		1,002		-6.2%		2,788		2,997		-7.0%
Wireless Revenues		1,091		1,069		2.0%		3,177		3,238		-1.9%
Service Revenues		730		791		-7.7%		2,161		2,369		-8.8%
Equipment Revenues		361		278		29.7%		1,016		869		17.0%
Fixed Line and Other Revenues		210		211		-0.3%		627		629		-0.3%
EBITDA		395		310				1,101		897
% total revenues		30.2%		24.1%				28.7%		23.1%
EBIT		129		134				354		347
%		9.8%		10.4%				9.2%		8.9%

*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenues include other income.

⁽¹⁾ Under IFRS 16.

⁽²⁾ Under lAS 17.

Peru Operating Data

	3Q19		3Q18		Var.%
Wireless Subscribers (thousands)		11,623		12,710		-8.6%
Postpaid		4,090		4,178		-2.1%
Prepaid		7,533		8,531		-11.7%
MOU		270		244		10.6%
ARPU (Sol)(1)		21		21		0.2%
Churn (%)		5.2%		6.0%		(0.7)
Revenue Generating Units (RGUs)*		1,578		1,460		8.0%

*Fixed Line, Broadband and Television.

⁽¹⁾ Under IFRS 15.

Central America

Third quarter revenues of 609 million dollars were down 4.0% on a pro-forma basis with service revenues declining 1.0% (they were up 7.2% incorporating our recent acquisition in Guatemala). Mobile service revenues increased 0.7% with postpaid revenues growing as fast as prepaid, whereas fixed service revenues—35% of the total—fell 4.0%.

In local currency terms, service revenues expanded in most markets, rising 7.4% and 6.5% in Costa Rica and Panama, respectively. In Nicaragua, service revenues fell 5.9% and in Guatemala mobile service revenues were up 2.2%, but growth was off-set by fixed-voice revenues that fell 10.8%. Service revenue growth in Guatemala was 20.4% including our recent acquisition.

EBITDA under IFRS16 was 232 million dollars. Under prior accounting standards, EBITDA rose 0.9% and the margin expanded 1.6 percentage points. All operations in Central America exhibited EBITDA expansion in local currency terms except for Nicaragua whose EBITDA declined 5%.

INCOME STATEMENT - Central America Pro forma Millions of Dollars

	3Q19(1)		3Q18(2)		Var.%		Jan - Sep 19(1)		Jan - Sep 18(2)		Var.%
Total Revenues*		609		635		-4.0%		1,825		1,915		-4.7%
Total Service Revenues		526		531		-1.0%		1,573		1,607		-2.1%
Wireless Revenues		414		427		-2.9%		1,240		1,297		-4.4%
Service Revenues		343		341		0.7%		1,024		1,043		-1.8%
Equipment Revenues		71		86		-17.4%		217		255		-15.0%
Fixed Line and Other Revenues		190		198		-3.9%		570		591		-3.5%
EBITDA		232		198				689		608
% total revenues		38.2%		31.1%				37.7%		31.7%
EBIT		91		72				239		225
%		14.9%		11.4%				13.1%		11.7%

*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenues include other income.

⁽¹⁾ Under IFRS 16.

⁽²⁾ Under lAS 17.

Central America Operating Data

	3Q19		3Q18		Var.%
Wireless Subscribers (thousands)		15,290		15,954		-4.2%
Postpaid		2,508		2,445		2.6%
Prepaid		12,782		13,509		-5.4%
MOU(1)		166		152		9.4%
ARPU (US$)(2)		7		7		5.7%
Churn (%)		6.8%		7.2%		(0.4)
Revenue Generating Units (RGUs)*		7,031		6,121		14.9%

*Fixed Line, Broadband and Television.

⁽¹⁾ We modified the methodology for calculating MOUs. We no longer include M2M subscribers.

⁽²⁾ Under IFRS 15.

Caribbean

Revenues for the Dominican Republic increased 6.6%, its best performance in nearly five quarters, to reach 12.7 billion Dominican pesos, with service revenues rising 5.7%. On the mobile segment we have seen an acceleration in service revenue growth over the past few quarters to 8.4%, with prepaid revenues increasing 13.1%, whereas on the fixed-line platform service revenues were up 2.4%. EBITDA for the period, 5.9 billion Dominican pesos under IFRS16, rose 6.8% organically.

Economic and sociodemographic conditions in Puerto Rico remain very complicated. However, we are committed to invest in reconstructing and further developing our fixed and mobile platforms. Third quarter revenues of 197 million dollars rose 0.8%—adjusted for extraordinary revenues booked in the same quarter of last year. On the fixed-line segment service revenues increased 3.1% but mobile service revenues were down 2.4%. on a comparable basis. Adjusting for one-offs and under equal accounting methodology, EBITDA was four times greater than in the prior year with an improvement in the margin of 8.2 percentage points. Under IFRS 16 EBITDA reached 31 million dollars.

INCOME STATEMENT - Caribbean Millions of Dollars
	3Q19(1)		3Q18(2)		Var.%		Jan - Sep 19(1)		Jan - Sep 18(2)		Var.%
Total Revenues*		441		466		-5.3%		1,342		1,420		-5.5%
Total Service Revenues		391		414		-5.6%		1,192		1,212		-1.7%
Wireless Revenues		260		257		1.3%		790		776		1.8%
Service Revenues		210		208		1.2%		640		622		2.8%
Equipment Revenues		50		49		1.6%		150		154		-2.4%
Fixed Line and Other Revenues		183		209		-12.2%		560		599		-6.4%
EBITDA		145		144				440		418
% total revenues		32.8%		31.0%				32.8%		29.4%
EBIT		66		82				198		221
%		15.0%		17.5%				14.7%		15.6%

*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. Total revenues include other income.

⁽¹⁾ Under IFRS 16.

⁽²⁾ Under lAS 17.

Caribbean Operating Data
	3Q19		3Q18		Var.%
Wireless Subscribers (thousands)		6,139		5,809		5.7%
Postpaid		1,994		1,917		4.0%
Prepaid		4,145		3,892		6.5%
MOU(1)		227		251		-9.8%
ARPU (US$)(2)		12		12		-3.8%
Churn (%)		3.4%		3.5%		-0.1
Revenue Generating Units (RGUs)*		2,537		2,571		-1.3%

*Fixed Line, Broadband and Television.

⁽¹⁾ We modified the methodology for calculating MOUs. We no longer include M2M subscribers.

⁽²⁾ Under IFRS 15.

United States

TracFone’s revenues totaled 2.0 billion dollars in the third quarter, with service revenues of 1.7 billion dollars expanding 0.9% from the year before. Our main brand, StraightTalk, saw revenues increasing slightly, while most other brands posted an aggregate growth rate of 1.4%. Our Safelink brand, associated with the Lifeline program of the U.S. government, has stabilized after declining over several quarters.

EBITDA was up 9.5%—its best performance in over a year—to 159 million dollars. The EBITDA margin, 7.8%, was up 0.7 percentage points from the prior year.

INCOME STATEMENT - United States Millions of Dollars

	3Q19		3Q18		Var.%		Jan - Sep 19		Jan - Sep 18		Var.%
Total Revenues		2,030		2,040		-0.5%		6,020		5,967		0.9%
Service Revenues		1,704		1,689		0.9%		5,103		5,053		1.0%
Equipment Revenues		325		351		-7.3%		917		914		0.4%
EBITDA		159		145		9.5%		460		461		-0.3%
% total revenues		7.8%		7.1%				7.6%		7.7%
EBIT		142		125		13.6%		405		401		0.9%
%		7.0%		6.1%				6.7%		6.7%

United States Operating Data

	3Q19		3Q18		Var.%
Wireless Subscribers (thousands)		21,229		21,793		-2.6%
Straight Talk		9,307		8,994		3.5%
SafeLink		2,448		3,043		-19.6%
Other Brands		9,474		9,756		-2.9%
MOU		591		543		8.7%
ARPU (US$)		27		26		3.8%
Churn (%)		4.0%		4.0%		(0.0)

Telekom Austria Group

Our European operations obtained 239 thousand new postpaid clients in the third quarter while adding 101 thousand prepaid ones. On the fixed-line platform we lost 37 thousand clients.

Telekom Austria’s revenues rose 3.4% from the year-earlier quarter to 1.2 billion euros, with service revenues growing slightly faster mostly on account of the acceleration of mobile revenues. The latter expanded 4.7%, the fastest pace in several quarters, on the back of more rapid postpaid revenue growth.

On the fixed-line platform service revenues—which already account for 44% of the total—increased 3.3%, a similar pace to the one seen the preceding quarter, as revenues coming from corporate networks accelerated sharply to 15%, while those from telephony declined somewhat more rapidly, to -5.4%. PayTV revenues increased nearly 7% in the quarter.

Under IFRS16 EBITDA of 439 million euros was up 2.2% from a year before, representing an EBITDA margin of 38.1%. Adjusting for restructuring expenses, the increase in EBITDA came to be 5.1% year-on-year.

INCOME STATEMENT (In accordance with IFRS 16) - A1 Telekom Austria Group Millions of Euros

	3Q19		3Q18		Var.%		Jan - Sep 19		Jan - Sep 18		Var.%
Total Revenues		1,153		1,115		3.4%		3,365		3,282		2.5%
Total service revenues		975		936		4.1%		2,843		2,751		3.3%
Wireless service revenues		545		520		4.7%		1,555		1,511		2.9%
Fixed-line service revenues		430		416		3.3%		1,288		1,240		3.9%
Equipment revenues		158		155		1.6%		451		461		-2.1%
Other operating income		20		23		-12.4%		71		70		0.8%
EBITDA		439		430		2.2%		1,205		1,215		-0.8%
% total revenues		38.1%		38.5%				35.8%		37.0%
Adjusted EBITDA(1)		460		438		5.1%		1,268		1,223		3.7%
% total revenues		39.9%		39.3%				37.7%		37.3%
EBIT		202		188		7.2%		497		351		41.7%
% total revenues		17.5%		16.9%				14.8%		10.7%

For further detail please visit www.al.group/en/investor-relations

(1) Does not include restructuring charges in Austria.

A1 Telekom Austria Group Operating Data

	3Q19		3Q18		Var.%
Wireless Subscribers (thousands)		21,520		21,123		1.9%
Postpaid		16,822		16,134		4.3%
Prepaid		4,698		4,989		-5.8%
MOU(1)		358		344		4.1%
ARPU (Euros)		9		8		2.7%
Churn (%)		1.6%		1.6%		(0.0)
Revenue Generating Units (RGUs)*		6,135		6,134		0.0%

*Fixed Line, Broadband and Television.

⁽¹⁾ We modified the methodology for calculating MOUs. We no longer include M2M subscribers

Appendix 1: Income Statement Reconciliation from IAS 17 to IFRS 16

América Móvil’s Income Statement
Millions of Mexican pesos	Jan -Sep 19 IAS 17		Changes brought about by IFRS 16		Jan - Sep 19 IFRS 16		Var.%
Total Costs and Expenses		533,785		(21,631)		512,154		-1.3%
EBITDA		210,376		21,631		232,007		-3.3%
Depreciation & Amortization		103,681		18,107		121,789		-11.6%
EBIT		106,695		3,524		110,218		6.5%
Net Interest Expense		20,264		6,160		26,423		2.5%
Other Financial Expenses		2,547				2,547		-87.2%
Foreign Exchange Loss		(3,540)				(3,540)		-69.1%
Comprehensive Financing Cost (Income)		19,271		6,160		25,431		-31.6%
Income & Deferred Taxes		35,836		(120)		35,716		11.2%
Net Income before Minority Interest and Equity Participation in Results of Affiliates		51,588		(2,517)		49,071		29.7%
Equity Participation in Results of Affiliates		7				7		-128.9%
Minority Interest		(2,541)				(2,541)		51.4%
Net Income		49,054		(2,517)		46,537		28.8%

Appendix 2: Balance Sheet Reconciliation from IAS 17 to IFRS 16

Balance Sheet - América Móvil Consolidated

Millions of Mexican       Pesos	Sep ‘19 IAS 17		Changes brought about by IFRS 16		Sep ‘19 IFRS 16			Sep ‘19 IAS 17		Changes brought about by IFRS 16		Sep ‘19 IFRS 16
Current Assets		353,375				353,375	Current Liabilities
							Short Term Debt*		131,420				131,420
							Lease-Related Debt				27,355		27,355
							Other Current Liabilities		358,056		504		358,560
									489,476		27,860		517,335
Non Current Assets		1,033,556		110,007		1,143,563	Non Current Liabilities
							Long Term Debt		496,062				496,062
							Lease-Related Debt				85,003		85,003
							Other Liabilities		159,541		182		159,723
									1,145,079		113,044		1,258,123
							Shareholder’s Equity		241,852		(3,037)		238,815
Total Assets		1,386,931		110,007		1,496,939	Total Liabilities and Equity		1,386,931		110,007		1,496,939

Appendix 3: EBITDA under IAS 17

EBITDA (IAS 17) Millions in Local Currency

	3Q19		3Q18		Var.%		Jan-Sep 19		Jan-Sep 18		Var.%
Mexico
EBITDA		24,919		23,152		7.6%		72,554		69,419		4.5%
% of Total Revenues		34.2%		32.7%				34.0%		33.4%
Argentina(1)
EBITDA		8,145		9,050		-10.0%		24,869		27,823		-10.6%
% of Total Revenues		36.5%		37.4%				36.7%		37.7%
Brazil
EBITDA		3,025		3,329		-9.1%		8,963		9,011		-0.5%
% of Total Revenues		33.2%		37.3%				33.2%		33.8%
Adjusted EBITDA(2)		3,025		2,811		7.6%		8,963		8,493		5.5%
% Total Revenues		33.2%		31.5%				33.2%		31.9%
Chile
EBITDA		36,650		39,973		-8.3%		100,804		115,499		-12.7%
% of Total Revenues		17.8%		18.8%				16.2%		18.7%
Colombia
EBITDA		1,351		1,198		12.8%		3,867		3,536		9.4%
% of Total Revenues		41.3%		41.6%				41.6%		41.2%
Ecuador
EBITDA		135		128		5.4%		402		381		5.7%
% of Total Revenues		41.2%		38.6%				40.7%		38.9%
Perú
EBITDA		356		310		14.8%		983		897		9.6%
% of Total Revenues		27.2%		24.1%				25.7%		23.1%
Central America
EBITDA Pro Forma		199		198		0.9%		587		608		-3.5%
% of Total Revenues		32.7%		31.1%				32.1%		31.7%
Caribbean
EBITDA		132		144		-8.9%		403		418		-3.6%
% of Total Revenues		29.8%		31.0%				30.0%		29.4%

⁽¹⁾ EBITDA in millions of constant ARP of September 2019.

⁽²⁾ Adjusted EBITDA does not include the effects of one-off items.

Glossary of Terms

ARPU	Average Revenue per User. The ratio of service revenues in a given period to the average number of wireless subscribers in the same period. It is presented on a monthly basis.
ARPM	Average Revenue per Minute. The ratio of service revenues to airtime traffic.
Capex	Capital Expenditure. Accrued capital expenditures related to the expansion of the telecommunications infrastructure.
Churn	Disconnection Rate. The ratio of wireless subscribers disconnected during a given period to the number of wireless subscribers at the beginning of that period.
EBIT	Earnings Before Interest and Taxes, also known as Operating Profit.
EBIT margin	The ratio of EBIT to total operating revenue.
EBITDA	Earnings Before Interest, Taxes, Depreciation, and Amortization.
EBITDA margin	The ratio of EBITDA to total operating revenue.
EPS (Mexican pesos)	Earnings per share. Total earnings in Mexican pesos divided by total shares.
Earnings per ADR (US$)	Total earnings in U.S. dollars divided by total ADRs equivalent.
Gross additions	Total number of subscribers acquired during the period.
Licensed pops	Licensed population. Population covered by the licenses that each of the companies manage.
LTE	Long-term evolution is a 4th generation standard for wireless communication of high-speed data for mobile phones and data terminals.
Market share	A company’s subscriber base divided by the total number of subscribers in that country.
MBOU	Megabytes of Use per subscriber. The ratio of wireless data in a given period to the average number of wireless subscribers in that same period. It is presented on a monthly basis.
MOU	Minutes of Use per subscriber. The ratio of wireless traffic in a given period to the average number of wireless subscribers in that same period. It is presented on a monthly basis.
Net subscriber additions	The difference in the subscriber base from one period to another. It is the different between gross additions and disconnections.
Net debt	Total short and long term debt minus cash and marketable securities.
Net debt / EBITDA	The ratio of total short and long term debt minus cash and securities to trailing 12-month income before interest, taxes, depreciation and amortization.
Prepaid	Subscriber that may purchase airtime to recharge a cellular phone. The client does not hold a contract with the company for voice and data services.
Postpaid	Subscriber that has a contract for the use of airtime. The client has no need of activating airtime, it is done so immediately.
SMS	Short Message Service.
SAC	Subscriber Acquisition Cost. The sum of handset subsidies, marketing expenses and commissions to distributors for handset activation. Handset subsidy is calculated as the difference between equipment cost and equipment revenues.
Wireless penetration	The ratio of total wireless subscribers in any given country divided by the total population in that country.

Exchange Rates Local Currency Units per USD
	3Q19		3Q18		Var.%		Jan-Sep 19		Jan-Sep 18		Var.%
Euro
End of Period		0.9175		0.8618		6.5%		0.9175		0.8618	6.5%
Average		0.8998		0.8602		4.6%		0.8901		0.8370	6.3%
Mexican Peso
End of Period		19.6363		18.8986		3.9%		19.6363		18.8986	3.9%
Average		19.4227		18.9909		2.3%		19.2546		19.0428	1.1%
Brazilean Real
End of Period		4.1644		4.0039		4.0%		4.1644		4.0039	4.0%
Average		3.9694		3.9550		0.4%		3.8868		3.6017	7.9%
Argentinean Peso
End of Period		57.5900		41.2500		39.6%		57.5900		41.2500	39.6%
Average		50.4516		32.0148		57.6%		44.4612		25.0720	77.3%
Chilean Peso
End of Period		728.2100		660.4200		10.3%		728.2100		660.4200	10.3%
Average		705.4527		662.7788		6.4%		685.4349		628.5342	9.1%
Colombian Peso
End of Period		3,462.0100		2,989.5800		15.8%		3,462.0100		2,989.5800	15.8%
Average		3,337.9230		2,960.6393		12.7%		3,238.6848		2,885.1719	12.3%
Guatemalan Quetzal
End of Period		7.7355		7.7021		0.4%		7.7355		7.7021	0.4%
Average		7.6842		7.5466		1.8%		7.6919		7.4515	3.2%
Peruvian Sol
End of Period		3.3850		3.3020		2.5%		3.3850		3.3020	2.5%
Average		3.3439		3.2932		1.5%		3.3300		3.2639	2.0%
Dominican Republic Peso
End of Period		52.8100		50.0800		5.5%		52.8100		50.0800	5.5%
Average		52.0039		49.8060		4.4%		51.1082		49.3921	3.5%

Exchange Rates Local Currency Units per MxP
	3Q19		3Q18		Var.%		Jan-Sep 19		Jan-Sep 18		Var.%
Euro
End of Period		0.0467		0.0456		2.5%		0.0467		0.0456	2.5%
Average		0.0463		0.0453		2.3%		0.0462		0.0440	5.2%
U.S.
End of Period		0.0509		0.0529		-3.8%		0.0509		0.0529	-3.8%
Average		0.0515		0.0527		-2.2%		0.0519		0.0525	-1.1%
Brazilean Real
End of Period		0.2121		0.2119		0.1%		0.2121		0.2119	0.1%
Average		0.2044		0.2083		-1.9%		0.2019		0.1891	6.7%
Argentinean Peso
End of Period		2.9328		2.1827		34.4%		2.9328		2.1827	34.4%
Average		2.5976		1.6858		54.1%		2.3091		1.3166	75.4%
Chilean Peso
End of Period		37.0849		34.9454		6.1%		37.0849		34.9454	6.1%
Average		36.3210		34.8998		4.1%		35.5985		33.0064	7.9%
Colombian Peso
End of Period		176.3066		158.1906		11.5%		176.3066		158.1906	11.5%
Average		171.8567		155.8977		10.2%		168.2032		151.5097	11.0%
Guatemalan Quetzal
End of Period		0.3939		0.4075		-3.3%		0.3939		0.4075	-3.3%
Average		0.3956		0.3974		-0.4%		0.3995		0.3913	2.1%
Peruvian Sol
End of Period		0.1724		0.1747		-1.3%		0.1724		0.1747	-1.3%
Average		0.1722		0.1734		-0.7%		0.1729		0.1714	0.9%
Dominican Republic Peso
End of Period		2.6894		2.6499		1.5%		2.6894		2.6499	1.5%
Average		2.6775		2.6226		2.1%		2.6543		2.5937	2.3%

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 16, 2019	AMÉRICA MÓVIL, S.A.B. DE C.V.
	By:	/s/ Carlos José García Moreno Elizondo
	Name:	Carlos José García Moreno Elizondo
	Title:	Chief Financial Officer