6-K

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 January 2024

Commission File Number: 1-16269

AMÉRICA MÓVIL, S.A.B. DE C.V.

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

America Mobile

(Translation of Registrant’s name into English)

Lago Zurich 245

Plaza Carso / Edificio Telcel, Piso 16

Colonia Ampliación Granada, Alcaldía 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  ☐

This Report on Form 6-K shall be incorporated by reference into the Registrant’s

Registration Statement on Form F-3ASR (File No. 333-259910).

TABLE OF CONTENTS

Forward-Looking Statements	1
América Móvil	2
Recent Developments	3
Operating and Financial Review as of September 30, 2023 and for the Nine Months Ended September 30, 2022 and 2023	4

We have prepared this report to provide our investors with disclosure and financial information regarding recent developments in our business and results of operations as of and for the nine months ended September 30, 2023. Our unaudited interim condensed consolidated financial statements as of September 30, 2023 and for the nine months ended September 30, 2022 and 2023 are attached to this report.

The information in this report supplements information contained in our annual report on Form 20-F for the year ended December 31, 2022 (File No. 001-16269), filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 1, 2023 (our “2022 Form 20-F”).

FORWARD-LOOKING STATEMENTS

Some of the information contained or incorporated by reference in this report may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although we have based these forward-looking statements on our expectations and projections about future events, it is possible that actual events may differ materially from our expectations. In many cases we include, together with the forward-looking statements themselves, a discussion of factors that may cause actual events to differ from our forward-looking statements. Examples of forward-looking statements include the following:

• information about our expected commercial, operating or financial performance, our financing, our capital structure or our other financial items or ratios;

• statements of our plans, objectives or goals, including those relating to acquisitions, competition and rates;

• statements concerning regulation or regulatory developments;

• statements about our future economic performance or that of Mexico or other countries in which we operate, including statements regarding currency and inflation;

• competitive developments in the telecommunications sector;

• other factors and trends affecting the telecommunications industry generally and our financial condition in particular; and

• statements of assumptions underlying the foregoing statements.

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.

Forward-looking statements involve inherent risks and uncertainties. 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 such forward-looking statements. These factors, some of which are discussed under “Part III Risk Factors” in our 2022 Form 20-F, include the impact of the COVID-19 pandemic, economic and political conditions and government policies, inflation rates, exchange rates, regulatory developments, technological improvements, customer demand and competition. We caution you that the foregoing list of factors is not exclusive and that other risks and uncertainties may cause actual results to differ materially from those in forward-looking statements. You should evaluate any statements made by us in light of these important factors.

Forward-looking statements speak only as of the date they are made. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.

1

AMÉRICA MÓVIL

América Móvil, S.A.B. de C.V. (“América Móvil,” “we,” “us,” “our” or the “Company”) is a sociedad anónima bursátil de capital variable organized under the laws of Mexico. We provide telecommunications services in 22 countries or territories, as well as through a joint venture in Chile. We are a leading telecommunications service provider in Latin America, ranking first in wireless, fixed-line, broadband and Pay TV services, based on the number of revenue generating units (“RGUs”). Our largest operations are in Mexico and Brazil, which together account for over half of our total RGUs and where we have the largest market share based on RGUs. We also have operations in 13 other countries in the Americas and seven countries in Central and Eastern Europe. As of September 30, 2023, we had 306.2 million wireless voice and data subscribers and 73.4 million fixed RGUs.

We have identified RGUs as a key performance indicator (“KPI”) that helps measure the performance of our operations. The table below includes the number of our wireless subscribers and our fixed RGUs, which together make up the total RGUs, in the countries where we operate. Wireless subscribers consist of the number of prepaid and postpaid subscribers to our wireless services. Fixed RGUs consist of fixed voice, fixed data and Pay TV units (which include customers of our Pay TV services and, separately, of certain other digital services). The figures below reflect total wireless subscribers and fixed RGUs of all of our consolidated subsidiaries, without adjustments to reflect our equity interest, in the following reportable segments:

• Mexico Wireless;

• Mexico Fixed;

• Brazil;

• Colombia;

• Southern Cone (Argentina, Paraguay and Uruguay);

• Andean Region (Ecuador and Peru);

• Central America (Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua);

• Caribbean (the Dominican Republic and Puerto Rico); and

• Europe (Austria, Belarus, Bulgaria, Croatia, Macedonia, Serbia and Slovenia).

2

	As of September 30,
	2022		2023
	(in thousands)
Wireless Subscribers:
Mexico		81,808		83,417
Brazil		86,629		85,032
Colombia		36,844		38,701
Southern Cone		26,789		27,614
Andean Region		21,156		21,808
Central America		16,381		16,947
Caribbean		7,276		7,525
Europe		23,776		25,131
Total Wireless Subscribers		300,658		306,176
Fixed RGUs:
Mexico		21,121		20,999
Brazil		24,302		23,262
Colombia		9,184		9,413
Southern Cone		2,676		3,417
Andean Region		2,600		2,506
Central America		4,579		4,834
Caribbean		2,695		2,768
Europe		6,153		6,250
Total Fixed RGUs		73,310		73,449
Total RGUs (Wireless subscribers and fixed RGUs)		373,968		379,625

We operate in all of our geographic segments under the Claro brand name, except in Mexico and Europe, where we principally do business under the brand names listed below.

COUNTRY	PRINCIPAL BRANDS	SERVICES AND PRODUCTS
Mexico	Telcel	Wireless voice Wireless data
	Telmex Infinitum	Fixed voice Fixed data
Europe	A1	Wireless voice Wireless data Fixed voice Fixed data Pay TV

Recent Developments

On November 29, 2023, the Company, through its subsidiary América Móvil, B.V., increased its overall shareholding in Telekom Austria AG to 58% of its total outstanding shares through a series of open market transactions.

3

OPERATING AND FINANCIAL REVIEW AS OF SEPTEMBER

30, 2023 AND FOR THE NINE MONTHS ENDED

SEPTEMBER 30, 2022 AND 2023

The following is a summary and discussion of our unaudited condensed consolidated financial information as of September 30, 2023 and for the nine months ended September 30, 2022 and 2023. The following tables and discussion should be read in conjunction with our audited consolidated financial statements included in our 2022 Form 20-F and our unaudited interim condensed consolidated financial statements as of September 30, 2023 and for the nine months ended September 30, 2022 and 2023 attached to this report.

In the opinion of our management, the unaudited condensed consolidated financial information discussed below includes all adjustments, consisting only of normal and recurring adjustments, necessary for the fair presentation of this financial information in a manner consistent with the presentation under International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board made in our audited annual consolidated financial statements included in our 2022 Form 20-F.

References herein to “U.S.$” are to U.S. dollars. References herein to “Ps.” are to Mexican pesos. U.S. dollar amounts in the tables are presented solely for convenience. You should not construe these translations, or any other currency translations included herein, as representations that the Mexican peso amounts actually represent the U.S. dollar or other foreign currency amounts or could be converted into U.S. dollars or such other foreign currency at the rate indicated. Unless otherwise indicated, we have translated U.S. dollar amounts from Mexican pesos at the exchange rate of Ps.17.7287 to U.S.$1.00, which was the rate reported by Banco de México for settlement of obligations in foreign currencies due on September 29, 2023, as published in the Mexican Official Gazette of the Federation (Diario Oficial de la Federación) on September 28, 2023.

4

Condensed Consolidated Financial Information of América Móvil

The following tables set forth our unaudited consolidated financial information for the nine months ended September 30, 2022 and 2023.

	For the nine months ended September 30,
	2022 (1)			2023
	(in millions of Mexican pesos)						(in millions of U.S. dollars)
	(unaudited)
Operating revenues:
Service revenues	Ps.	532,405		Ps.	521,859		U.S.$	29,436
Sales of equipment		96,134			93,441			5,271
	Ps.	628,539		Ps.	615,300		U.S.$	34,707
Operating costs and expenses:
Cost of sales and services		245,608			237,179			13,378
Commercial, administrative and general expenses		135,023			131,043			7,392
Other expenses		3,158			5,775			326
Depreciation and amortization		118,565			115,327			6,505
	Ps.	502,354		Ps.	489,324		U.S.$	27,601
Operating income	Ps.	126,185		Ps.	125,976		U.S.$	7,106
Interest income		3,112			6,645			375
Interest expense		(30,940	)		(32,295	)		(1,822	)
Foreign currency exchange gain, net		25,041			15,494			874
Valuation of derivatives, interest cost from labor obligations and other financial items, net		(23,701	)		(21,313	)		(1,202	)
Equity interest in net result of associated companies		48			(3,732	)		(211	)
Profit before income tax		99,745			90,775			5,120
Income tax		35,658			29,112			1,642
Net profit for the period from continuing operations	Ps.	64,087		Ps.	61,663		U.S.$	3,478
Profit after tax for the period from discontinued operations		2,672			—			—
Net profit for the period	Ps.	66,759		Ps.	61,663		U.S.$	3,478
Net profit for the period attributable to:
Equity holders of the parent from continuing operations	Ps.	59,778		Ps.	58,049		U.S.$	3,274
Equity holders of the parent from discontinued operations		2,672			—			—
Non-controlling interests		4,309			3,614			204
	Ps.	66,759		Ps.	61,663		U.S.$	3,478
Other comprehensive income (loss) items:
Net other comprehensive loss that may be reclassified to profit or loss in subsequent periods:
Effect of translation of foreign entities from continuing operations	Ps.	(28,965	)	Ps.	(27,440	)	U.S.$	(1,548	)
Effect of translation of foreign entities from discontinued operations	Ps.	(1,750	)	Ps.	—		U.S.$	—
Re-measurement of defined benefit plan, net of deferred taxes	Ps.	677		Ps.	(74	)		(4	)
Unrealized loss on equity investments at fair value, net of deferred taxes		(5,699	)		(3,631	)		(204	)

5

	For the nine months ended September 30,
	2022 (1)			2023
	(in millions of Mexican pesos)						(in millions of U.S. dollars)
	(unaudited)
Total other comprehensive loss items for the period, net of deferred taxes		(35,738	)		(31,145	)		(1,756	)
Total comprehensive income for the period	Ps.	31,021		Ps.	30,518		U.S.$	1,722
Comprehensive income for the period attributable to:
Equity holders of the parent from continuing operations	Ps.	31,391		Ps.	29,158		U.S.$	1,645
Non-controlling interests		(370	)		1,360			77
	Ps.	31,021		Ps.	30,518		U.S.$	1,722
Comprehensive income for the period:
Net comprehensive income from continuing operations	Ps.	28,349		Ps.	30,518		U.S.$	1,722
Net comprehensive income from discontinued operations		2,672			—			—
	Ps.	31,021		Ps.	30,518		U.S.$	1,722

⁽¹⁾  Restated for discontinued operations relating to our operations in Panama and Chile.

6

	As of December 31,			As of September 30,
	2022			2023
	(in millions of Mexican pesos)						(in millions of U.S. dollars)
	(audited)			(unaudited)
Balance Sheet Data
Total current assets	Ps.	361,004		Ps.	359,244		U.S.$	20,263
Total non-current assets		1,257,095			1,232,898			69,543
Total assets		1,618,099			1,592,142			89,806
Total current liabilities		488,877			533,665			30,102
Long-term debt		408,565			354,122			19,975
Long-term lease debt		101,247			105,024			5,924
Deferred income taxes		30,302			24,684			1,392
Deferred revenues		2,556			2,063			116
Asset retirement obligation		10,800			10,723			605
Employee benefits		137,923			137,317			7,745
Total liabilities		1,180,270			1,167,598			65,859
Equity:
Capital stock		95,365			95,364			5,379
Retained earnings:
Prior year		429,324			475,671			26,831
Profit for the year		76,159			58,049			3,274
Total retained earnings		505,483			533,720			30,105
Other comprehensive loss items		(227,044	)		(261,574	)		(14,754	)
Equity attributable to equity holders of the parent	Ps.	373,804		Ps.	367,510		U.S.$	20,730
Non-controlling interests		64,025			57,034			3,217
Total equity		437,829			424,544			23,947
Total liabilities and equity	Ps.	1,618,099		Ps.	1,592,142		U.S.$	89,806

7

Consolidated Results of Operations for the Nine Months Ended September 30, 2022 and 2023

Our financial statements are presented in Mexican pesos, but our operations outside of Mexico account for a significant portion of our revenues and expenses. Currency variations between the Mexican peso and the currencies of our non-Mexican subsidiaries, especially the euro, U.S. dollar, Brazilian real, Colombian and Argentine peso, affect our results of operations as reported in Mexican pesos.

In the following discussion regarding our results, we include a discussion of the change in the different components of our revenues and cost and expenses between periods at constant exchange rates, i.e., using the same exchange rate to translate the local-currency results of our non-Mexican operations for both periods. We believe that this additional information helps investors better understand the performance of our non-Mexican operations and their contribution to our consolidated results.

On July 1, 2022, we completed the sale of 100% of our interest in our subsidiary, Claro Panama, S.A. (“Claro Panama”), pursuant to the agreement with Cable & Wireless Panama, S.A., an affiliate of Liberty Latin America LTD. (“LLA”), announced on September 15, 2021. The transaction excluded (i) all telecommunication towers owned indirectly by América Móvil in Panama and (ii) the Claro trademarks. The agreed purchase price was U.S.$200 million on a cash/debt free basis. The Company received an adjusted closing consideration of U.S.$116.7 million in cash. As a result, in accordance with IFRS 5, Claro Panama’s operations are classified as discontinued operations for the nine months ended September 30, 2022 that is presented in the unaudited consolidated financial information included in this report.

On October 6, 2022, LLA and the Company announced that they completed the transaction to combine their operations in Chile (VTR and Claro Chile, respectively) in order to create a 50/50 joint venture called Claro Chile, SpA. In accordance with IFRS 11, this transaction is classified as a joint venture, since both LLA and the Company exercise joint control over Claro Chile, SpA, and all relevant decisions require the consent of both parties. Consequently, in accordance with IFRS 5, Claro Chile’s operations are classified as discontinued operations for the nine months ended September 30, 2022 that is presented in the unaudited consolidated financial information, and, from October 6, 2022, are recognized by applying the equity method.

Operating Revenues

Total operating revenues for the first nine months of 2023 decreased by 2.1%, or Ps.13.2 billion, over the first nine months of 2022. At constant exchange rates, total operating revenues for the first nine months of 2023 increased by 11.6% over the first nine months of 2022. This increase at constant exchange rates principally reflects an increase in prepaid, postpaid, corporate networks, broadband and equipment revenues, partially offset by a decrease in Pay TV service s and fixed voice revenues.

Service Revenues – Service revenues for the first nine months of 2023 decreased by 2.0%, or Ps.10.5 billion, over the first nine months of 2022. At constant exchange rates, service revenues for the first nine months of 2023 increased by 11.6% over the first nine months of 2022. This increase at constant exchange rates principally reflects increases in revenues from our prepaid and postpaid mobile services, fixed broadband and corporate networks, which were partially offset by a decrease in revenues from our Pay TV services and fixed voice revenues.

Sales of Equipment – Sales of equipment revenues for the first nine months of 2023 decreased by 2.8%, or Ps.2.7 billion, over the first nine months of 2022. At constant exchange rates, sales of equipment revenues for the first nine months of 2023 increased by 11.4% over the first nine months of 2022. This increase at constant exchange rates principally reflects higher sales of smartphones, data-enabled devices and accessories, particularly in Mexico, Brazil, Europe and Central America.

Operating Costs and Expenses

Total operating costs and expenses for the first nine months of 2023 decreased by 2.6%, or Ps.13.0 billion, over the first nine months of 2022. At constant exchange rates, total operating costs and expenses for the first nine months of 2023 increased by 11.3% over the first nine months of 2022. This increase at constant exchange rates principally reflects increases in electric energy costs, payments to other networks, network maintenance and information technology costs.

8

Cost of Sales and Services – Cost of sales and services for the first nine months of 2023 decreased by 3.4%, or Ps.8.4 billion, over the first nine months of 2022. At constant exchange rates, cost of sales and services for the first nine months of 2023 increased by 9.6% over the first nine months of 2022. This increase at constant exchange rates principally reflects an increase in electric energy costs, payments to other networks, network maintenance, infrastructure, lease space and cost of equipment. This increase, which was also due to inflationary pressures, was partially offset by our cost savings program.

Commercial, Administrative and General Expenses – Commercial, administrative and general expenses for the first nine months of 2023 decreased by 2.9%, or Ps.4.0 billion, over the first nine months of 2022. As a percentage of operating revenues, commercial, administrative and general expenses were 21.3% for the first nine months of 2023, as compared to 21.5% for the first nine months of 2022. At constant exchange rates, commercial, administrative, and general expenses for the first nine months of 2023 increased by 12.7% over the first nine months of 2022. This increase at constant exchange rates principally reflects changes in the salaries to adjust for inflation, customer care services and centers, and information technology solutions.

Other Expenses – Other expenses for the first nine months of 2023 increased by Ps.2.6 billion over the first nine months of 2022, principally due to the write-off of cost of sales of towers in the Dominican Republic and Peru.

Depreciation and Amortization – Depreciation and amortization for the first nine months of 2023 decreased by 2.7%, or Ps.3.2 billion, over the first nine months of 2022. As a percentage of operating revenues, depreciation and amortization were 18.7% for the first nine months of 2023, as compared to 18.9% for the first nine months of 2022. At constant exchange rates, depreciation and amortization for the first nine months of 2023 increased 14.8% over the first nine months of 2022. This increase at constant exchange rates principally reflects higher amortization of rights of use of towers owned by Sitios Latinoamérica, S.A.B. de C.V. (“Sitios Latam”), higher capital expenditures in Brazil, our acquisition of 32.0% of Grupo Oi’s mobile business in Brazil in April 2022 and amortization of 5G license payments.

Operating Income

Operating income for the first nine months of 2023 decreased by 0.2%, or Ps.0.2 billion, over the first nine months of 2022. Operating margin (operating income as a percentage of operating revenues) was 20.5% for the first nine months of 2023, as compared to 20.1% for the first nine months of 2022.

Non-Operating Items

Net Interest Expense – Net interest expense (interest expense less interest income) for the first nine months of 2023 decreased by 7.8%, or Ps.2.2 billion, over the first nine months of 2022. This decrease principally reflects a decrease in interest expense on debt due to changes in interest rates in Brazil.

Foreign Currency Exchange Gain, Net – We recorded a net foreign currency exchange gain of Ps.15.5 billion for the first nine months of 2023, compared to our net foreign currency exchange gain of Ps.25.0 billion for the first nine months of 2022. The gain principally reflects the depreciation of some of the currencies in which our indebtedness is denominated, particularly the U.S. dollar, the euro and the British pound sterling.

Valuation of Derivatives, Interest Cost from Labor Obligations and Other Financial Items, Net – We recorded a net loss of Ps.21.3 billion for the first nine months of 2023 on the valuation of derivatives, interest cost from labor obligations and other financial items, net, compared to a net loss of Ps.23.7 billion for the first nine months of 2022. The change in the first nine months of 2023 principally reflects a loss on hedging instruments as a result of the depreciation of some of the currencies in which our indebtedness is denominated, allocated to América Móvil and America Movil, B.V.

Income Tax – Our income tax expense for the first nine months of 2023 was Ps.29.1 billion, as compared to Ps.35.7 billion for the first nine months of 2022 (excluding income tax for discontinued operations in Panama and Chile). This decrease was due to a reduction in our effective income tax rate as a percentage of profit before taxes of 32.1% in the first nine months of 2023, compared to 35.8% in the first nine months of 2022. This difference with respect to the legal rate of 30.0% was mainly due to the tax effect of higher inflation and tax benefits in several entities.

9

Net Profit

We recorded a net profit of our continuing operations of Ps.61.7 billion for the first nine months of 2023, a decrease of 3.8%, or Ps.2.4 billion over the first nine months of 2022.

The net loss obtained through the discontinued operation of Claro Panama until its sale on July 1, 2022 and the operation of Claro Chile until it was deconsolidated in connection with the creation of the Claro Chile, SpA joint venture on October 6, 2022, is classified as net loss for the period for a total of Ps.2.7 billion in 2022.

Segment Results of Operations for the Nine Months Ended September 30, 2022 and 2023

The following table sets forth the exchange rates used to translate the results of our significant non-Mexican operations, as expressed in Mexican pesos per foreign currency unit, and the change from the rate used in the prior period indicated. The U.S. dollar is our functional currency in several of the countries or territories in which we operate, including Ecuador, Puerto Rico and El Salvador.

	Mexican Pesos per foreign currency unit (average for the period) for the nine months ended September 30,
	2022		2023		% Change
Brazilian real		3.8601		3.4930		(9.5	)
Colombian peso		0.0046		0.0042		(8.7	)
Argentine peso		0.1496		0.0552		(63.1	)
U.S. dollar		20.2412		17.0449		(15.8	)
Euro		20.3919		18.5414		(9.1	)

The tables below set forth operating revenues and operating income for each of our segments for the periods indicated.

	For the nine months ended September 30, 2022
	Operating revenues			Operating income (loss)
	(in millions of Mexican pesos)
Mexico Wireless	Ps.	179,867		Ps.	56,239
Mexico Fixed		72,020			9,805
Brazil		126,477			18,586
Colombia		55,862			11,233
Southern Cone		31,288			2,663
Andean Region		40,957			5,750
Central America		35,402			6,761
Caribbean		30,819			6,657
Europe		78,998			12,977
Eliminations		(23,151	)		(4,486	)
Total	Ps.	628,539		Ps.	126,185

10

	For the nine months ended September 30, 2023
	Operating revenues			Operating income (loss)
	(in millions of Mexican pesos)
Mexico Wireless	Ps.	190,609		Ps.	62,193
Mexico Fixed		75,833			9,479
Brazil		123,985			18,413
Colombia		45,820			7,318
Southern Cone		25,627			837
Andean Region		40,835			8,582
Central America		32,889			4,826
Caribbean		29,216			6,309
Europe		74,865			12,141
Eliminations		(24,379	)		(4,122	)
Total	Ps.	615,300		Ps.	125,976

Interperiod Segment Comparisons

The following discussion addresses the financial performance of each of our reportable segments by comparing results for the first nine months of 2023 and 2022. In the period-to-period comparisons for each segment, we include percentage changes in operating revenues, operating income and operating margin (operating income as a percentage of operating revenues).

Each reportable segment includes all income, cost and expense eliminations that occurred between subsidiaries within the reportable segment. The Mexico Wireless segment also includes corporate income, costs and expenses.

Comparisons in the following discussion are calculated using figures in Mexican pesos. We also include percentage changes in adjusted segment operating revenues, adjusted segment operating income and adjusted operating margin (adjusted operating income as a percentage of adjusted operating revenues). The adjustments eliminate (i) certain intersegment transactions, (ii) for our non-Mexican segments, the effects of exchange rate changes and (iii) for the Mexican Wireless segment only, revenues and costs of group corporate activities and other businesses that are allocated to the Mexico Wireless segment.

Mexico Wireless

The number of prepaid wireless subscribers for the first nine months of 2023 increased by 1.9% over the first nine months of 2022, and the number of postpaid wireless subscribers increased by 2.1%, resulting in an increase in the total number of wireless subscribers in Mexico of 2.0%, or 1.6 million, to approximately 83.4 million as of September 30, 2023.

Segment operating revenues for the first nine months of 2023 increased by 6.0% over the first nine months of 2022. Adjusted segment operating revenues for the first nine months of 2023 increased by 6.7% over the first nine months of 2022. This increase in segment operating revenues principally reflects an increase in prepaid and postpaid wireless revenues.

Segment operating margin was 32.6% in the first nine months of 2023, as compared to 31.3% for the first nine months of 2022. Adjusted segment operating margin for this segment was 40.7% for the first nine months of 2023, as compared to 40.4% for the first nine months of 2022. This increase in adjusted segment operating margin in the first nine months of 2023 principally reflects an increase in prepaid and postpaid wireless revenues and the effects of our cost savings program.

Mexico Fixed

The number of fixed voice RGUs in Mexico for the first nine months of 2023 decreased by 3.0% over the first nine months of 2022, and the number of broadband RGUs in Mexico increased by 2.0%, resulting in a decrease in total fixed RGUs in Mexico of 0.6% over the first nine months of 2022, or 122 thousand, to approximately 21.0 million as of September 30, 2023.

Segment operating revenues for the first nine months of 2023 increased by 5.3% over the first nine months of 2022. Adjusted segment operating revenues for the first nine months of 2023 increased by 5.7% over the first nine months of 2022. This increase in adjusted segment operating revenues principally reflects an increase in broadband and corporate and business services revenues, increased customer retention rates and the launch of new commercial offers, partially offset by fixed voice revenues.

11

Segment operating income for the first nine months of 2023 decreased by 3.3% over the first nine months of 2022. Adjusted segment operating income for the first nine months of 2023 decreased by 67.0% over the first nine months of 2022. This decrease principally reflects increases in the contractual salary of our employees, higher information technology and administrative expenses, customer service costs and depreciation expenses driven by an increase in network capacity, quality and coverage.

Segment operating margin was 12.5% in the first nine months of 2023, as compared to 13.6% in the first nine months of 2022. Adjusted segment operating margin was 0.9% in the first nine months of 2023, as compared to 2.8% in the first nine months of 2022. The decrease in segment operating margin for the first nine months of 2023 principally reflects an annual increase in wages, salaries and benefits, increases in costs for information technology services, network deployment and related maintenance costs, and customer care centers.

Brazil

The number of prepaid wireless subscribers for the first nine months of 2023 decreased by 6.3% over the first nine months of 2022, and the number of postpaid wireless subscribers increased by 1.6%, resulting in a decrease in the total number of wireless subscribers in Brazil of 1.8%, or 1.6 million, to approximately 85.0 million as of September 30, 2023. The number of fixed voice RGUs for the first nine months of 2023 decreased by 8.5% over the first nine months of 2022, the number of broadband RGUs increased by 1.9%, and the number of Pay TV RGUs decreased by 8.2%, resulting in a decrease in total fixed RGUs in Brazil of 4.3%, or 1 million, to approximately 23.2 million as of September 30, 2023.

Segment operating revenues for the first nine months of 2023 decreased by 2.0% over the first nine months of 2022. Adjusted segment operating revenues for the first nine months of 2023 increased by 8.3% over the first nine months of 2022. This increase in adjusted segment operating revenues principally reflects higher mobile prepaid and postpaid services and fixed data revenues in broadband, business and corporate services despite lower revenues in fixed voice and Pay TV in the first nine months of 2023 over the first nine months of 2022.

Segment operating income for the first nine months of 2023 decreased by 0.9% over the first nine months of 2022. Adjusted segment operating income for the first nine months of 2023 increased by 4.7% over the first nine months of 2022.

Segment operating margin was 14.9% in the first nine months of 2023, as compared to 14.7% in the first nine months of 2022. Adjusted segment operating margin was 14.1% in the first nine months of 2023, as compared to 14.6% in the first nine months of 2022. This increase in segment operating margin for the first nine months of 2023 was driven by operating revenues growth and as a result of an increase in equipment sales, our acquisition of 32.0% of Grupo Oi’s mobile business in Brazil and related synergies, and our cost savings program, partially offset by increases in costs for network maintenance, electric energy, maintenance of customer care centers and information technology solutions.

Colombia

The number of prepaid wireless subscribers for the first nine months of 2023 increased by 4.6% over the first nine months of 2022, and the number of postpaid wireless subscribers increased by 6.3%, resulting in an increase in the total number of wireless subscribers in Colombia of 5.0%, or 1.9 million, to approximately 38.7 million as of September 30, 2023. The number of fixed voice RGUs for the first nine months of 2023 increased by 5.2% over the first nine months of 2022, the number of broadband RGUs increased by 1.2% and the number of Pay TV RGUs increased by 1.2%, resulting in an increase in total fixed RGUs in Colombia of 2.5%, or 229 thousand, to approximately 9.4 million as of September 30, 2023.

Segment operating revenues for the first nine months of 2023 decreased by 18.0% over the first nine months of 2022. Adjusted segment operating revenues for the first nine months of 2023 increased by 1.4% over the first nine months of 2022. This increase in adjusted segment operating revenues reflects an increase in postpaid services, Pay TV, corporate and business services, offset by a decrease in prepaid services and broadband.

Segment operating income for the first nine months of 2023 decreased by 34.9% over the first nine months of 2022. Adjusted segment operating income for the first nine months of 2023 decreased by 14.8% over the first nine months of 2022.

Segment operating margin was 16.0% in the first nine months of 2023, as compared to 20.1% in the first nine months of 2022. Adjusted segment operating margin was 20.9% in the first nine months of 2023, as compared to 24.9% in the first nine months of 2022. This decrease in segment operating margin is due to an increase in electric energy costs, network maintenance, leases, customer services, information technology solutions and doubtful accounts.

12

Southern Cone—Argentina, Paraguay and Uruguay

The number of prepaid wireless subscribers for the first nine months of 2023 increased by 2.3% over the first nine months of 2022, and the number of postpaid wireless subscribers increased by 4.4%, resulting in an increase in the total number of wireless subscribers in our Southern Cone segment of 3.1%, or 825 thousand, to approximately 27.6 million as of September 30, 2023. The number of fixed voice RGUs for the first nine months of 2023 increased by 26.7% over the first nine months of 2022, the number of broadband RGUs increased by 29.7%, and the number of Pay TV RGUs increased by 25.9%, resulting in an increase in total fixed RGUs in our Southern Cone segment of 27.7%, or 741 thousand, to approximately 3.4 million as of September 30, 2023.

Segment operating revenues for the first nine months of 2023 decreased by 18.1% over the first nine months of 2022. Adjusted segment operating revenues for the first nine months of 2023 decreased by 7.1% over the first nine months of 2022. This decrease in adjusted segment operating revenues principally reflects a decrease in adjusted operating revenues in Argentina, Uruguay and Paraguay attributable to adverse economic conditions. For this segment, we analyze results in Argentina, Paraguay and Uruguay in terms of the Argentine peso, because Argentina accounts for the major portion of the operations in these three countries.

Segment operating income for the first nine months of 2023 decreased by 68.6% over the first nine months of 2022. Adjusted segment operating income for the first nine months of 2023 decreased by 5.2% over the first nine months of 2022.

Segment operating margin was 3.3% in the first nine months of 2023, as compared to 8.5% in the first nine months of 2022. Adjusted segment operating margin was 31.2% in the first nine months of 2023, as compared to 30.6% in the first nine months of 2022. This increase in the adjusted segment operating margin for the first nine months of 2023 principally reflects slightly lower adjusted revenues, as described above, partially offset by our cost savings program in all countries. This also comes as a result of depreciation of the Argentine peso and higher inflation rates, principally in Argentina, including government control on prices and employee salaries.

As described above, our Chilean operations through the joint venture with Claro Chile, SpA, are classified as discontinued operations and, as a result, the figures for 2022 have been restated to account for these operations.

Andean Region—Ecuador and Peru

The number of prepaid wireless subscribers for the first nine months of 2023 increased by 1.2% over the first nine months of 2022, and the number of postpaid wireless subscribers increased by 6.3%, resulting in an increase in the total number of wireless subscribers in our Andean Region segment of 3.1%, or 652 thousand, to approximately 21.8 million as of September 30, 2023. The number of fixed voice RGUs for the first nine months of 2023 decreased by 9.7% over the first nine months of 2022, the number of broadband RGUs increased by 0.3% and the number of Pay TV RGUs decreased by 1.6%, resulting in a decrease in total fixed RGUs in our Andean Region segment of 3.6%, or 94 thousand, to approximately 2.5 million as of September 30, 2023.

Segment operating revenues for the first nine months of 2023 decreased by 0.3% over the first nine months of 2022. Adjusted segment operating revenues for the first nine months of 2023 increased by 12.0% over the first nine months of 2022. This increase in adjusted segment operating revenues was mainly due to the sale of towers in Peru to Sitios Latam and reflects revenue growth from postpaid, broadband, corporate and business networks in both Ecuador and Peru. Revenues from prepaid decreased in both Ecuador and Peru. In Ecuador, fixed voice had a slight increase. Decreases from Pay TV services in Ecuador were partially offset by an increase from Pay TV services in Peru.

Segment operating income for the first nine months of 2023 increased by 49.3% over the first nine months of 2022. Adjusted segment operating income for the first nine months of 2023 increased by 50.9% over the first nine months of 2022. This increase in adjusted segment operating income principally reflects an operating income increase in both Ecuador and Peru, partially offset by an increase in network maintenance and electric energy costs, an increase in allowance of doubtful accounts in Ecuador, partially offset by a decrease in doubtful accounts in Peru.

Segment operating margin was 21.0% in the first nine months of 2023, as compared to 14.0% in the first nine months of 2022. Adjusted segment operating margin was 25.5% in the first nine months of 2023, as compared to 18.9% in the first nine months of 2022. This increase in the segment operating margin for the first nine months of 2023 principally reflects lower subscriber acquisition costs in Peru and the profit on the sale of the towers in Peru to Sitios Latam, in each case as described above.

13

Central America—Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica

The number of prepaid wireless subscribers for the first nine months of 2023 increased by 2.5% over the first nine months of 2022, and the number of postpaid wireless subscribers increased by 9.0%, resulting in an increase in the total number of wireless subscribers in our Central America segment of 3.5%, or 566 thousand, to approximately 17 million as of September 30, 2023. The number of fixed voice RGUs for the first nine months of 2023 increased by 1.3% over the first nine months of 2022, the number of broadband RGUs increased by 8.0%, and the number of Pay TV RGUs increased by 9.0%, resulting in an increase in total fixed RGUs in our Central America segment of 5.6%, or 255 thousand, to approximately 4.8 million as of September 30, 2023.

Segment operating revenues for the first nine months of 2023 decreased by 7.1% over the first nine months of 2022. Adjusted segment operating revenues for the first nine months of 2023 increased by 5.9% over the first nine months of 2022.

Segment operating income for the first nine months of 2023 decreased by 28.6% over the first nine months of 2022. Adjusted segment operating income for the first nine months of 2023 decreased by 11.6% over the first nine months of 2022. This decrease in segment operating income for the first nine months of 2023 principally reflects an increase in subscriber acquisition costs, network maintenance expenses, customer care centers, electric energy costs and information technology solutions.

Segment operating margin was 14.7% in the first nine months of 2023, as compared to 19.1% in the first nine months of 2022. Adjusted segment operating margin was 19.6% in the first nine months of 2023, as compared to 23.4% in the first nine months of 2022.

As described above, Claro Panama’s operations are classified as discontinued operations and, as a result, the figures for 2022 have been restated to account for these operations.

Caribbean—The Dominican Republic and Puerto Rico

The number of prepaid wireless subscribers for the first nine months of 2023 increased by 3.6% over the first nine months of 2022, and the number of postpaid wireless subscribers increased by 3.0%, resulting in an increase in the total number of wireless subscribers in our Caribbean segment of 3.4%, or 250 thousand, to approximately 7.5 million as of September 30, 2023. The number of fixed voice RGUs for the first nine months of 2023 increased by 1.1% over the first nine months of 2022, the number of broadband RGUs increased by 5.0% and the number of Pay TV RGUs increased by 2.2%, resulting in an increase in total fixed RGUs in our Caribbean segment of 2.7%, or 73 thousand, to approximately 2.8 million as of September 30, 2023.

Segment operating revenues for the first nine months of 2023 decreased by 5.2% over the first nine months of 2022. Adjusted segment operating revenues for the first nine months of 2023 increased by 9.4% over the first nine months of 2022. This increase in adjusted segment operating revenues principally reflects growth in broadband services in Puerto Rico and increases in postpaid, prepaid and broadband revenues in the Dominican Republic, where the most representative financial effect was the sale of the towers to Sitios Latam. We analyze segment results in U.S. dollars because it is the functional currency of our operations in Puerto Rico.

Segment operating income for the first nine months of 2023 decreased by 5.2% over the first nine months of 2022. Adjusted segment operating income for the first nine months of 2023 increased by 23.2% over the first nine months of 2022. This increase in adjusted segment operating income principally reflects a write off allowance from lower pension plan costs due to actuarial adjustments and the sale of towers in the Dominican Republic to Sitios Latam.

Segment operating margin was 21.6% in the first nine months of 2023, and remained the same as in the first nine months of 2022. Adjusted segment operating margin was 21.9% in the first nine months of 2023, as compared to 19.4% in the first nine months of 2022.

Europe

The number of prepaid wireless subscribers for the first nine months of 2023 decreased by 1.4% over the first nine months of 2022, and the number of postpaid wireless subscribers increased by 7.2%, resulting in an increase in the total number of wireless subscribers in our Europe segment of 5.7%, or 1.4 million, to approximately 25 million as of September 30, 2023. The number of fixed voice RGUs for the first nine months of 2023 decreased by 3.8% over the first nine months of 2022, the number of broadband RGUs increased by 2.6% and the number of Pay TV RGUs increased by 5.4%, resulting in an increase in total fixed RGUs in our Europe segment of 1.6%, or 96 thousand, to approximately 6.2 million as of September 30, 2023.

14

Segment operating revenues for the first nine months of 2023 decreased by 5.2% over the first nine months of 2022. Adjusted segment operating revenues for the first nine months of 2023 increased by 5.9% over the first nine months of 2022.This increase in adjusted segment operating revenues principally reflects increases in postpaid, broadband, corporate networks and business services, and Pay TV.

Segment operating income for the first nine months of 2023 decreased by 6.4% over the first nine months of 2022. Adjusted segment operating income for the first nine months of 2023 increased by 3.9% over the first nine months of 2022.

Segment operating margin was 16.2% in the first nine months of 2023 as compared to 16.4% in the first nine months of 2022. Adjusted segment operating margin was 18.4% in the first nine months of 2023, as compared to 18.7% in the first nine months of 2022. This decrease in segment operating margin for the first nine months of 2023 principally reflects increases in electric energy costs, network maintenance costs, wages and salaries despite our cost savings program.

Liquidity and Capital Resources

Our management defines net debt as total debt minus (i) cash and cash equivalents, (ii) equity investments at fair value through other comprehensive income (OCI) and other short-term investments and (iii) debt instruments at fair value through other comprehensive income (OCI). As of September 30, 2023, we had net debt of Ps.389.7 billion, compared to net debt of Ps.404.8 billion as of September 30, 2022. At September 30, 2023, we had total debt of Ps.507.0 billion, cash and cash equivalents of Ps.28.3 billion, equity investments at fair value through other comprehensive income (OCI) and other short-term investments of Ps.74.5 billion and Ps.14.5 billion in debt instruments at fair value through other comprehensive income (OCI).

Without taking into account the effects of derivative financial instruments that we use to manage our interest rate and currency risk, approximately 72.5% of our indebtedness at September 30, 2023 was denominated in currencies other than Mexican pesos (approximately 41.0% of such non-Mexican peso debt was in U.S. dollars and 59.0% in other currencies), and approximately 19.3% of our consolidated debt obligations bore interest at floating rates. After the effects of derivative transactions and excluding the debt of Telekom Austria AG, approximately 56.1% of our net debt as of September 30, 2023 was denominated in Mexican pesos.

The maturities of our long-term debt as of September 30, 2023, excluding debt associated with lease obligations were as follows:

Years	Amount (in millions of Mexican pesos)
2024		Ps.	12,920
2025			11,571
2026			30,183
2027 and thereafter			299,448
Total		Ps.	354,122

We regularly assess our interest rate and currency exchange exposures in order to determine how to manage the risk associated with these exposures. As of September 30, 2023, the net fair value of our derivatives and other financial items was a net liability of Ps.22.7 billion.

During the first nine months of 2023, we used approximately Ps.100.2 billion to fund capital expenditures which was primarily funded by our operating activities. We continue to evaluate our capital expenditure needs and opportunities in light of the COVID-19 pandemic. We have also continued to repurchase shares of our capital stock under our share repurchase program-, and during the first nine months of 2023, we spent Ps.7.7 billion repurchasing our shares in the open market. Whether we continue to do so will depend on our operating cash flow and on various other considerations, including market prices and our other capital requirements.

15

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: January 16, 2024

AMÉRICA MÓVIL, S.A.B. DE C.V.
By:	/s/ Carlos José Garcia Moreno Elizondo
Name:	Carlos José Garcia Moreno Elizondo
Title:	Chief Financial Officer

INDEX TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Contents	Page
Unaudited Interim Condensed Consolidated Statements of Financial Position		F-1
Unaudited Interim Condensed Consolidated Statements of Comprehensive Income		F-2
Unaudited Interim Condensed Consolidated Statement of Changes in Shareholder’s Equity		F-3
Unaudited Interim Condensed Consolidated Statements of Cash Flows		F-5
Notes to Unaudited Interim Condensed Consolidated Financial Statements		F-6

AMÉRICA MÓVIL, S.A.B. DE C.V. AND SUBSIDIARIES

Interim Condensed Consolidated Statements of Financial Position

(In thousands of Mexican pesos)

	Note	At September 30, 2023 Unaudited			At December 31, 2022 Audited
Assets
Current assets:
Cash and cash equivalents		Ps.	28,269,862		Ps.	33,700,949
Equity investments at fair value through other comprehensive income (OCI) and other short-term investments			74,517,951			88,428,111
Accounts receivable:
Subscribers, distributors, recoverable taxes, contract assets and other, net			217,091,976			199,424,202
Related parties	3		1,395,450			2,287,213
Derivative financial instruments			1,779,953			2,602,680
Inventories, net			20,564,752			23,995,133
Other current assets, net			15,624,093			10,565,422
Total current assets		Ps.	359,244,037		Ps.	361,003,710
Non-current assets:
Property, plant and equipment, net	4	Ps.	633,588,243		Ps.	657,226,210
Intangibles, net			120,066,266			128,893,422
Goodwill			146,593,836			141,121,365
Investments in associated companies			16,010,740			23,975,462
Deferred income taxes			133,470,022			128,717,811
Accounts receivable, subscriber, distributors and contract assets, net			8,637,383			8,724,497
Other assets, net			40,010,171			39,581,622
Debt instruments at fair value through other comprehensive income (OCI)			14,510,542			6,981,149
Right-of-use assets			120,010,835			121,874,096
Total assets		Ps.	1,592,142,075		Ps.	1,618,099,344
Liabilities and equity
Current liabilities:
Short-term debt and current portion of long-term debt	6	Ps.	152,921,592		Ps.	102,024,414
Short-term liability related to right-of-use of assets			26,444,015			32,902,237
Accounts payable			169,397,530			174,472,769
Accrued liabilities			60,424,727			56,815,331
Income tax			27,212,889			29,174,066
Other taxes payable			39,926,691			33,887,645
Derivative financial instruments			24,499,284			25,331,346
Related parties	3		6,037,132			7,224,218
Deferred revenues			26,801,103			27,044,928
Total current liabilities		Ps.	533,664,963		Ps.	488,876,954
Non-current liabilities:
Long-term debt	6	Ps.	354,122,037		Ps.	408,565,066
Long-term liability related to right-of-use of assets			105,023,825			101,246,574
Deferred income taxes			24,684,099			30,302,060
Deferred revenues			2,063,337			2,556,103
Asset retirement obligations			10,722,604			10,799,997
Employee benefits			137,317,089			137,923,317
Total non-current liabilities		Ps.	633,932,991		Ps.	691,393,117
Total liabilities		Ps.	1,167,597,954		Ps.	1,180,270,071
Equity:
Capital stock	9	Ps.	95,363,644		Ps.	95,365,329
Retained earnings:
Prior years			475,671,304			429,324,326
Profit for the period (year)			58,048,606			76,159,391
Total retained earnings			533,719,910			505,483,717
Other comprehensive loss items			(261,573,463	)		(227,044,342	)
Equity attributable to equity holders of the parent			367,510,091			373,804,704
Non-controlling interests			57,034,030			64,024,569
Total equity		Ps.	424,544,121			437,829,273
Total liabilities and equity		Ps.	1,592,142,075		Ps.	1,618,099,344

The accompanying notes are an integral part of these interim condensed consolidated financial statements.

F-1

AMÉRICA MÓVIL, S.A.B. DE C.V. AND SUBSIDIARIES

Unaudited Interim Condensed Consolidated Statements of Comprehensive Income

(In thousands of Mexican pesos, except for earnings per share)

			For the nine-month period ended September 30,
	Note		2023			2022(1)
Operating revenues:
Service revenues			Ps.	521,859,211		Ps.	532,404,944
Sales of equipment				93,441,043			96,134,423
			Ps.	615,300,254		Ps.	628,539,367
Operating costs and expenses:
Cost of sales and services			Ps.	237,179,459		Ps.	245,607,587
Commercial, administrative and general expenses				131,042,690			135,022,670
Other expenses				5,775,031			3,159,198
Depreciation and amortization				115,327,084			118,564,551
			Ps.	489,324,264		Ps.	502,354,006
Operating income			Ps.	125,975,990		Ps.	126,185,361
Interest income				6,644,562			3,112,308
Interest expense				(32,294,735	)		(30,940,340	)
Foreign currency exchange gain, net				15,493,685			25,040,727
Valuation of derivatives, interest cost from labor obligations and other financial items, net		11		(21,312,724	)		(23,701,474	)
Equity interest in net result of associated companies				(3,731,486	)		48,014
Profit before income tax				90,775,292			99,744,596
Income tax		5		29,112,504			35,657,332
Net profit for the period from continuing operations			Ps.	61,662,788		Ps.	64,087,264
Profit after tax for the period from discontinued operations		2,b		—			2,671,630
Net profit for the period			Ps.	61,662,788		Ps.	66,758,894
Net profit for the period attributable to:
Equity holders of the parent from continuing operations			Ps.	58,048,606		Ps.	59,778,075
Equity holders of the parent from discontinued operations		2,b		—			2,671,630
Non-controlling interests				3,614,182			4,309,189
			Ps.	61,662,788		Ps.	66,758,894
Basic and diluted earnings per share attributable to equity holders of the parent from continuing operations			Ps.	0.92		Ps.	0.93
Basic and diluted earnings per share attributable to equity holders of the parent from discontinuing operations				—		Ps.	0.04
Other comprehensive (loss) income items:
Net other comprehensive loss that may be reclassified to profit or loss in subsequent periods:
Effect of translation of foreign entities from continuing operations			Ps.	(27,440,200	)	Ps.	(28,965,432	)
Effect of translation of foreign entities from discontinued operations				—			(1,750,472	)
Items that will not be reclassified to (loss) or profit in subsequent periods:
Re-measurement of defined benefit plan, net of deferred taxes				(74,096	)		677,362
Unrealized loss on equity investments at fair value, net of deferred taxes				(3,630,663	)		(5,699,392	)
Total other comprehensive loss items for the period, net of deferred taxes				(31,144,959	)		(35,737,934	)
Total comprehensive income for the period			Ps.	30,517,829		Ps.	31,020,960
Comprehensive income for the period attributable to:
Equity holders of the parent from continuing operations			Ps.	29,158,213		Ps.	31,390,828
Non-controlling interests				1,359,616			(369,868	)
			Ps.	30,517,829		Ps.	31,020,960
Comprehensive income for the period:
Net comprehensive income from continuing operations			Ps.	30,517,829		Ps.	28,349,330
Net comprehensive income from discontinued operations		2,b		—			2,671,630
			Ps.	30,517,829		Ps.	31,020,960

(1) Restated for discontinued operations.

The accompanying notes are an integral part of these unaudited interim condensed consolidated financial statements.

F-2

AMÉRICA MÓVIL, S.A.B. DE C.V. AND SUBSIDIARIES

Interim Condensed Consolidated Statements of Changes in Shareholders’ Equity for the nine-month period ended September 30, 2023

(In thousands of Mexican pesos)

	Capital stock			Legal reserve		Retained earnings			Unrealized loss on equity investment at fair value			Re-measurement of defined benefit plans			Cumulative translation adjustment			Revaluation surplus			Total equity attributable to equity holders of the parent			Non- controlling interests			Total equity
Balance at December 31, 2022 (audited)		Ps.95,365,329			Ps.358,440		Ps.505,125,277			Ps.(11,028,396)			Ps.(107,106,514)			Ps.(128,299,347)			Ps.19,389,915			Ps.373,804,704			Ps.64,024,569			Ps.437,829,273
Net profit for the period		—			—		58,048,606			—			—			—			—			58,048,606			3,614,182			61,662,788
Unrealized loss on equity and debt investments at fair value, net of deferred taxes		—			—		—			(3,630,663	)		—			—			—			(3,630,663	)		—			(3,630,663	)
Remeasurement of defined benefit plan, net of deferred taxes		—			—		—			—			(41,494	)		—			—			(41,494	)		(32,602	)		(74,096	)
Translation effect of foreign entities		—			—		—			—			859,720			(25,278,653	)		(799,303	)		(25,218,236	)		(2,221,964	)		(27,440,200	)
Transfer of revaluation surplus, net of deferred taxes		—			—		727,319			—			—			—			(727,319	)		—			—			—
Comprehensive income for the period		—			—		58,775,925			(3,630,663	)		818,226			(25,278,653	)		(1,526,622	)		29,158,213			1,359,616			30,517,829
Dividends declared		—			—		(29,048,960	)		—			—			—			—			(29,048,960	)		(1,962,377	)		(31,011,337	)
Repurchase of shares		(1,685	)		—		(7,679,195	)		—			—			—			—			(7,680,880	)		—			(7,680,880	)
Transfer of revaluation surplus, net of deferred taxes		—			—		4,911,409			—			—			—			(4,911,409	)		—			—			—
Other acquisitions of non-controlling interests		—			—		(3,015	)		—			—			—			—			(3,015	)		(45,611	)		(48,626	)
Purchase of 6.06% of Telekom Austria AG		—			—		1,280,029			—			—			—			—			1,280,029			(6,342,167	)		(5,062,138	)
Balance at September 30, 2023 (unaudited)		Ps.95,363,644			Ps.358,440		Ps.533,361,470			Ps.(14,659,059)			Ps.(106,288,288)			Ps.(153,578,000)			Ps.12,951,884			Ps.367,510,091			Ps.57,034,030			Ps.424,544,121

The accompanying notes are an integral part of these interim condensed consolidated financial statements.

F-3

AMÉRICA MÓVIL, S.A.B. DE C.V. AND SUBSIDIARIES

Interim Condensed Consolidated Statements of Changes in Shareholders’ Equity for the nine-month period ended September 30, 2022

(In thousands of Mexican pesos)

	Capital stock			Legal reserve		Retained earnings			Unrealized loss on equity investment at fair value			Re-measurement of defined benefit plans		Cumulative translation adjustment			Revaluation surplus			Total equity attributable to equity holders of the parent			Non- controlling interests			Total equity
Balance at December 31, 2021(audited)		Ps.96,333,432			Ps.358,440		Ps.447,331,985			Ps.(6,321,120)			Ps.(102,507,107)		Ps.(104,270,295)			Ps.58,709,592			Ps.389,634,927			Ps.64,406,799			Ps.454,041,726
Net profit for the period		—			—		62,449,705			—			—		—			—			62,449,705			4,309,189			66,758,894
Unrealized loss on equity and debt investments at fair value, net of deferred taxes		—			—		—			(5,699,392	)		—		—			—			(5,699,392	)		—			(5,699,392	)
Remeasurement of defined benefit plan, net of deferred taxes		—			—		—			—			294,922		—			—			294,922			382,440			677,362
Translation effect of foreign entities		—			—		—			—			281,815		(22,645,886	)		(1,539,864	)		(23,903,935	)		(5,061,497	)		(28,965,432	)
Discontinued operations		—			—		—			—			—		(1,750,472	)		—			(1,750,472	)		—			(1,750,472	)
Transfer of revaluation surplus, net of deferred taxes		—			—		1,871,993			—			—		—			(1,871,993	)		—			—			—
Comprehensive income for the period		—			—		64,321,698			(5,699,392	)		576,737		(24,396,358	)		(3,411,857	)		31,390,828			(369,868	)		31,020,960
Dividends declared		—			—		(28,050,128	)		—			—		—			—			(28,050,128	)		(1,877,270	)		(29,927,398	)
Repurchase of shares		(4,077	)		—		(20,906,029	)		—			—		—			—			(20,910,106	)		—			(20,910,106	)
Recycling of assets revaluation surplus by spin-off, net of deferred taxes		—			—		34,827,458			—			—		—			(34,827,458	)		—			(79,806	)		(79,806	)
Spin-off effects		(1,001,572	)		—		(1,581,315	)		—			—		—			—			(2,582,887	)		—			(2,582,887	)
Other acquisitions of non-controlling interests		—			—		(3,765	)		—			—		—			—			(3,765	)		(2,310	)		(6,075	)
Balance at September 30, 2022 (unaudited)		Ps.95,327,783			Ps.358,440		Ps.495,939,904			Ps.(12,020,512)			Ps.(101,930,370)		Ps.(128,666,653)			Ps.20,470,277			Ps.369,478,869			Ps.62,077,545			Ps.431,556,414

The accompanying notes are an integral part of these interim condensed consolidated financial statements.

F-4

AMÉRICA MÓVIL, S.A.B. DE C.V. AND SUBSIDIARIES

Unaudited Interim Condensed Consolidated Statements of Cash Flows

(In thousands of Mexican pesos)

			For the nine-month period ended September 30,
	Note		2023			2022 (1)
Operating activities
Profit before income tax from continuing operations			Ps.	90,775,292		Ps.	99,744,595
Profit before income tax from discontinued operations		2b		—			866,131
Profit before income tax				90,775,292			100,610,726
Items not requiring the use of cash:
Depreciation of property, plant and equipment and right-of-use assets				101,733,065			105,187,148
Amortization of intangible and other assets				13,594,019			13,377,403
Equity interest in net income of associated companies				3,731,486			(48,014	)
(Gain) loss on sale of property, plant and equipment				(5,158,441	)		330,915
Net period cost of labor obligations				12,906,968			11,957,729
Foreign currency exchange income, net				(20,920,787	)		(29,084,682	)
Interest income				(6,644,562	)		(3,112,308	)
Interest expense				32,294,735			30,940,340
Employee profit sharing				3,033,542			2,539,913
Loss in valuation of derivative financial instruments, capitalized interest expense and other, net(2)				14,541,481			25,518,357
Gain on net monetary positions				(12,310,470	)		(9,930,277	)
Gain on sale of subsidiary				—			(3,587,010	)
Working capital changes:
Subscribers, distributors, recoverable taxes, contract assets and other, net				(23,253,767	)		(18,738,127	)
Prepaid expenses				(7,245,160	)		(8,011,614	)
Related parties				(295,323	)		2,446,683
Inventories				2,393,247			(9,096,805	)
Other assets				(8,899,335	)		(3,197,052	)
Employee benefits				(11,347,115	)		(20,691,624	)
Accounts payable and accrued liabilities				7,785,737			(6,348,616	)
Employee profit sharing paid				(3,315,609	)		(2,934,290	)
Financial instruments and other				(9,051,611	)		(1,444,143	)
Deferred revenues				622,488			5,421,692
Interest received				3,430,129			2,749,169
Income taxes paid				(40,667,647	)		(39,490,141	)
Cash flows from discontinued operating activities				—			4,006,804
Net cash flows provided by continuing operating activities			Ps.	137,732,362		Ps.	149,372,176
Investing activities
Purchase of property, plant and equipment				(89,136,571	)		(101,368,792	)
Acquisition of intangibles				(11,067,781	)		(1,738,197	)
Dividends received				3,884,554			4,682,650
Proceeds from sale of property, plant and equipment				6,997,431			207,731
Acquisition of businesses, net of cash acquired				2,543,240			(17,368,908	)
Sale of shares of associated company and dilution of subsidiaries				—			2,829
Sale of shares				—			4,282,383
Proceeds from repayment of related party loan				—			46,769,833
Investments in associated companies				(459,749	)		—
Short-term investments(3)				(4,273,348	)		—
Cash flows from discontinued investing activities				—			(2,164,092	)
Net cash flows used in investing continuing activities			Ps.	(91,512,224)		Ps.	(66,694,563)
Financing activities
Loans obtained				215,954,013			127,348,086
Repayment of loans				(183,386,854	)		(120,911,994	)
Payment of liability related to right-of-use of assets				(29,629,934	)		(25,349,068	)
Interest paid				(22,015,178	)		(21,332,493	)
Repurchase of shares				(7,688,327	)		(20,920,392	)
Dividends paid				(16,274,725	)		(29,523,313	)
Acquisition of non-controlling interests				(5,110,764	)		(6,076	)
Net cash flows used in financing activities			Ps.	(48,151,769)		Ps.	(90,695,250)
Net decrease in cash and cash equivalents			Ps.	(1,931,631)		Ps.	(8,017,637)
Adjustment to cash flows due to exchange rate fluctuations, net				(3,499,456	)		(2,983,425	)
Cash and cash equivalents at beginning of the period				33,700,949			38,679,891
Cash and cash equivalents at end of the period			Ps.	28,269,862		Ps.	27,678,829
Non-cash transactions related to:
Acquisitions of property, plant and equipment in accounts payable at end period			Ps.	3,937,648		Ps.	1,385,988

(1) Restated for discontinued operations.

(2) As of September 30, 2023. Includes Ps. (8,238,393) related to Impairment to accounts receivable — ClaroVTR and Ps. (4,677,782) related to Impairment to investment — ClaroVTR.

(3) As of September 30, 2023. Includes Ps. 13,762,695 related to the JV’s principal investment, net of cash applied.

The accompanying notes are an integral part of these unaudited interim condensed consolidated financial statements.

F-5

AMÉRICA MÓVIL, S.A.B. DE C.V. AND SUBSIDIARIES

Notes to Unaudited Interim Condensed Consolidated Financial Statements

(In thousands of Mexican pesos (Ps.) and thousands of

U.S. dollars (US$), unless otherwise indicated)

1. Description of the Business and Relevant Events

I. Corporate Information

América Móvil, S.A.B. de C.V. and subsidiaries (hereinafter, the “Company”, “América Móvil”, “AMX”, “we”, “us” and “our”) was incorporated under the laws of Mexico on September 25, 2000. As of September 30, 2023, the Company provides telecommunications services in 22 countries, as well as through a joint venture in Chile, throughout Latin America, the Caribbean and Europe. These telecommunications services include mobile and fixed-line voice services, wireless and fixed data services, internet access and Pay TV, over the top (OTT) and other related services. The Company also sells equipment, accessories and computers.

• Voice services provided by the Company, both wireless and fixed, mainly include the following: airtime, local, domestic and international long- distance services, and network interconnection services.

• Data services include value added, corporate networks, data and Internet services.

• Pay TV represents basic services, as well as pay per view and additional programming and advertising services.

• AMX provides other related services to advertising in telephone directories, publishing and call center services.

• The Company also provides video, audio and other media content that is delivered through the internet directly from the content provider to the end user.

In order to provide these services, América Móvil has licenses, permits and concessions (collectively referred to herein as “licenses”) to build, install, operate and exploit public and/or private telecommunications networks and provide miscellaneous telecommunications services (mostly mobile and fixed voice and data services) and to operate frequency bands in the radio-electric spectrum for point-to-point and point-to-multipoint microwave links. The Company holds licenses in the 22 countries where it has networks, and such licenses have different dates of expiration through 2056.

Licenses in certain countries require payment to the corresponding government of a share of sales determined as a percentage of revenues from services under concession. The percentage is set as either a fixed rate or, in some cases, based on certain size of the infrastructure in operation.

The corporate offices of América Móvil are located in Mexico City, Mexico, at Lago Zurich 245, Colonia Ampliación Granada, Delegación Miguel Hidalgo, 11529, Mexico City, Mexico.

The Company’s unaudited interim condensed consolidated financial statements were approved for their issuance by the Chief Financial Officer on January 16, 2024, and subsequent events have been considered through such date.

II. Relevant events

a. On January 16, 2023, the Company informed that, after extensive dialogue with the Telephone Operators Union of the Mexican Republic, a constructive agreement had been reached regarding retirement conditions (pensions) for newly hired personnel that Teléfonos de México, S.A.B de C.V. (hereinafter, “Telmex”) hires from January 2023.

b. On February 3, 2023 and June 30, 2023, as part of its reorganization plan approved in early 2021, the Company completed the sale of 1,388 and 2,980 telecommunications towers, property of its subsidiaries in the Dominican Republic and Peru, respectively, to Sitios Latinoamerica, S.A.B. de C.V. (hereinafter Sitios Latam), for an amount of Ps. 2,419,568 and 3,950,079, respectively. Therefore, a total of 3,480 towers were transferred.

c. On February 6, 2023, the Company entered into a definitive agreement with Österreichische Beteiligungs AG (“OBAG”), with respect to their participations in Telekom Austria AG which provides a new term of 10 years and ensures AMX leadership and control over Telekom Austria Group. Also, it provides AMX the right to continue to nominate the majority of the Supervisory Board members and to nominate the Chairman and Chief Executive Officer of the Management Board of the Company with decision making vote over all management decisions. As part of the renewal of the Shareholders Agreement, AMX and OBAG have agreed to formally executed the spin-off of the mobile towers in most of the countries in which Telekom Austria operates, including Austria. The implementation of the tower spin-off will not result in changes in the core shareholder structure.

d. On April 27, 2023, the Company’s shareholders approved a repurchase fund of Ps. 20 billion and the payment of an ordinary dividend of    Ps. 0.46 (forty six peso cents) per share to be paid in two installments: in July and November. They also agreed to the cancellation of the treasury shares acquired as part of its repurchase program, and to modify the sixth article of our bylaws to reduce the share capital proportionally to the cancellation of the shares.

F-6

e. On June 9, 2023, the Company closed a 500 million-euro, five-year bullet loan for the new Euro Tele Sites, a tower company to be spun-off from Telekom Austria. The loan was provided by a group of six international banks. On July 6, 2023, the same entity launched a 5.25%, 500 million-euro five-year bond. Euro Tele Sites will thus be fully funded at the time of the spin-off.

f. On June 26, 2023, the Company launched the inaugural issue under its new Global Peso Notes program, under which it expects to issue an amount of up to Ps. 130 billion over five years. In its inaugural offering, registered both with the SEC in the U.S. and with the CNBV in Mexico, it placed a long seven-year, Ps. 17 billion, 9.5% sustainable bond—approximately one billion U.S. dollars equivalent—maturing in January 2031.

g. On July 24, 2023, the Company through its subsidiary América Móvil, B.V. acquired shares corresponding to 5.55% of the voting rights in Telekom Austria AG from a private investor. As a consequence of the foregoing, the equity interest of the Company increases in the overall shareholding in Telekom Austria AG from 51% to 56.55%.

h. On September 22, 2023, the Company completed the spin-off of EuroTeleSites AG and listed its shares on the Official Market of the Vienna Stock Exchange. The Telekom Austria AG shareholders received one EuroTeleSites AG share for every four Telekom Austria AG shares they owned. Telekom Austria AG transferred 13 thousand towers in six countries to EuroTeleSites AG, along with a debt worth of one billion euros. EuroTeleSites AG has received a Baa2 rating from Moody’s and BBB- from Fitch. Telekom Austria currently has an A- rating from S&P and Fitch, and a Moody’s Baa1 rating.

2. Basis of Preparation of the Unaudited Interim Condensed Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices

a) Basis of preparation

The accompanying unaudited interim condensed consolidated financial statements as of and for the nine-month period ended September 30, 2023, have been prepared in conformity with International Accounting Standard No. 34, Interim Financial Reporting (“IAS 34”), and using the same accounting policies applied in preparing the Company’s annual consolidated financial statements, except as explained below. The Company has prepared the unaudited interim condensed consolidated financial statements on the basis that it will continue to operate as a going concern. The accompanying interim condensed consolidated statement of financial position as of September 30, 2023, as well as the interim condensed consolidated statements of comprehensive income changes in shareholders’ equity and cash flows for the nine-month periods ended September 30, 2023 and 2022, and their related disclosures included in these notes, are unaudited.

These unaudited interim condensed consolidated financial statements have been prepared using the same accounting policies as those used in the preparation of our annual consolidated financial statements as of December 31, 2022, except for the adoption of new standards and interpretations effective as from January 1, 2023 and the income tax expense that is recognized, according to IAS 34, for each interim period based on the best estimate of the weighted average annual income effective tax rate expected for the full financial year.

These unaudited interim condensed consolidated financial statements do not include all the information and disclosures required in annual consolidated financial statements and should be read in conjunction with the Company’s audited annual consolidated financial statements as of December 31, 2021 and 2022, and for the three-year period ended December 31, 2022, as included in the Company’s annual report on Form 20-F for the year ended December 31, 2022 (the “2022 Form 20-F”).

The preparation of these unaudited interim condensed consolidated financial statements in accordance with IAS 34 requires the use of critical estimates and assumptions that affect the amounts reported for certain assets and liabilities, as well as certain income and expenses. It also requires that management exercise judgment in the application of the Company’s accounting policies.

The Mexican peso is the functional currency of the Company’s Mexican operations and the consolidated reporting currency of the Company.

i) New standards, interpretations and amendments adopted

The accounting policies adopted in the preparation of the unaudited interim condensed consolidated financial statements are consistent with those followed in the preparation of the Company’s annual consolidated financial statements for the year ended December 31, 2022, except for the adoption of new standards effective as of January 1, 2023. The Company has not early adopted any standard, interpretation or amendment that has been issued but is not yet effective.

Several amendments apply for the first time in 2023 but do not have an impact on the unaudited interim condensed consolidated financial statements of the Company:

Definition of Accounting Estimates - Amendments to IAS 8

The amendments to IAS 8 clarify the distinction between changes in accounting estimates, and changes in accounting policies and the correction of errors. They also clarify how entities use measurement techniques and inputs to develop accounting estimates.

The amendments had no impact on the Company’s unaudited interim condensed consolidated financial statements.

F-7

Disclosure of Accounting Policies - Amendments to IAS 1 and IFRS Practice Statement 2

The amendments to IAS 1 and IFRS Practice Statement 2 Making Materiality Judgements provide guidance and examples to help entities apply materiality judgements to accounting policy disclosures. The amendments aim to help entities provide accounting policy disclosures that are more useful by replacing the requirement for entities to disclose their ‘significant’ accounting policies with a requirement to disclose their ‘material’ accounting policies and adding guidance on how entities apply the concept of materiality in making decisions about accounting policy disclosures.

The amendments had no impact on the Company’s unaudited interim condensed consolidated financial statements, but are expected to affect the accounting policy disclosures in the Company’s annual consolidated financial statements.

Deferred Tax related to Assets and Liabilities arising from a Single Transaction – Amendments to IAS 12

The amendments to IAS 12 Income Taxes narrow the scope of the initial recognition exception, so that it no longer applies to transactions that give rise to equal taxable and deductible temporary differences such as leases and decommissioning liabilities.

The amendments had no impact on the Company’s unaudited interim condensed consolidated financial statements.

b) Discontinued operations

a) Claro Panama Disposal

In accordance with IFRS 5 Non-current Assets Held For Sale and Discontinued Operations, Claro Panama was classified as discontinued operations for the period presented in these unaudited interim condensed consolidated financial statements; consequently, the results are presented in the profit after tax for the period from discontinued operations in the unaudited interim condensed consolidated statements of comprehensive income. Therefore, the comparative figures in the unaudited interim condensed consolidated statements of comprehensive income have been restated in consequence.

The results of discontinued operations for the period are shown as follows:

	For the nine-month period ended as of September 30, 2022
Operative revenue:
Revenue services	Ps.	1,210,109
Sales of equipment		206,595
		1,416,704
Total costs and expenses		1,403,311
Operating profit		13,393
Financial costs		(39,538	)
Gain on sale of discontinued operations		3,405,014
Profit before income taxes of discontinued operations		3,378,869
Income taxes		—
Net profit of the period of discontinued operations	Ps.	3,378,869

b) Joint Venture

In accordance with IFRS 11 Joint Arrangements, our combined operations with Liberty Latin America, Ltd. (hereinafter, “LLA”) was classified as a joint venture named Claro Chile, SpA (hereinafter, the “JV” or “ClaroVTR”), since both LLA and the Company exercise joint control over ClaroVTR, and all relevant decisions require the consent of both parties. Consequently, in accordance with IFRS 5, ClaroVTR’s operations are classified as discontinued operations for the period that is presented in the unaudited interim condensed consolidated financial information.

As of the date of the accompanying unaudited interim condensed consolidated financial statements, the Company identified impairment indicators due to facts that occurred in 2023 and, the Company recorded an impairment in the value of its investment of Ps. 4,677,782, and it is recognized in the “valuation of derivatives, interest cost from labor obligations and other financial items”, disclosed in the unaudited interim condensed consolidated statements of comprehensive income.

As of the date of the accompanying unaudited interim condensed consolidated financial statements, the contribution of CLP$289.3 billion by the Company permitted the refinancing of certain bank debt guaranteed by the Company existing at the formation of the JV. In addition, the Company has purchased convertible notes from ClaroVTR in an aggregate principal amount of Ps. 13,657,485 (including the amounts used for the refinancing of bank debt), convertible into shares of ClaroVTR. The convertible notes are disclosed as “Equity investments at fair value through OCI and other short-term investments.” Additionally, the Company recorded an impairment related to the operations of ClaroVTR totaling Ps. 8,238,393 on September 30, 2023. This amount is presented in Note 11.

F-8

The results of discontinued operations for the period are shown below:

	For the nine-month period ended as of September 30, 2022
Operative revenue:
Revenue services	Ps.	10,500,088
Sales of equipment		2,626,823
		13,126,911
Total costs and expenses		14,954,526
Operating loss		(1,827,615	)
Financial costs		(685,124	)
Loss before income taxes of discontinued operations		(2,512,739	)
Income taxes		(1,805,500	)
Net loss of the period of discontinued operations	Ps.	(707,239)

3. Related Parties

a) The following is an analysis of the balances with related parties as of September 30, 2023 and December 31, 2022. All the companies were considered affiliates of América Móvil since the Company or the Company’s principal shareholders are also direct or indirect shareholders in the related parties:

	2023		2022
Accounts receivable:
Sears Roebuck de México, S.A. de C.V. and Subsidiaries	Ps.	219,463	Ps.	260,584
Sitios Latinoamérica, S.A.B. de C.V.		333,600		1,460,897
Sanborns Hermanos, S.A.		73,222		124,157
Patrimonial Inbursa, S.A.		369,658		166,366
Grupo Condumex, S.A. de C.V. and Subsidiaries		27,045		31,857
Telesites, S.A.B. de C.V. and Subsidiaries		100,518		80,677
Claroshop.com, S.A.P.I de C.V.		70,704		31,559
Other		201,240		131,116
Total	Ps.	1,395,450	Ps.	2,287,213

Accounts payable:
Carso Infraestructura y Construcción, S.A. de C.V. and Subsidiaries	Ps.	2,566,413	Ps.	2,836,689
Grupo Condumex, S.A. de C.V. and Subsidiaries		462,891		2,036,371
Sitos Latinoamérica, S.A.B. de C.V.		1,003,640		960,244
Fianzas Guardiana Inbursa, S.A. de C.V.		433,843		437,428
Claroshop.com, S.A.P.I de C.V.		138,549		216,774
Grupo Financiero Inbursa, S.A.B. de C.V.		85,216		102,127
Seguros Inbursa, S.A. de C.V.		334,513		107,389
Cicsa Perú, S.A.C		244,335		256,344
Industrial Afiliada, S.A. de C.V		367,979		103,864
Banco Inbursa, S.A		75,130		20,089
Promotora Inbursa, S.A. de C.V		37,894		15,174
Other		286,729		131,725
Total	Ps.	6,037,132	Ps.	7,224,218

For the periods ended September 30, 2023 and 2022, there were no impairment losses on accounts receivable from related parties.

F-9

b) For the nine-month periods ended September 30, 2023 and 2022, the Company conducted the following transactions with related parties:

	2023		2022
Capital expenditures and expenses:
Construction services, purchases of materials, inventories and property, plant and equipment (i)	Ps.	7,437,743	Ps.	9,450,787
Insurance premiums, fees paid for administrative and operating services, brokerage services and others (ii)		3,307,409		2,420,466
Associated costs for towers’ sale(iii)		1,584,080		—
Rent of towers		804,171		312,726
Other services		1,535,383		1,042,218
	Ps.	14,668,786	Ps.	13,226,197
Revenues:
Service revenues	Ps.	630,643	Ps.	547,805
Sales of towers(iv)		7,662,188		—
Sales of equipment		1,118,923		598,162
	Ps.	9,411,754	Ps.	1,145,967

i) In 2023, this amount includes Ps. 5,405,210 (Ps. 7,414,728 in 2022) for network construction services and construction materials purchased from subsidiaries of Grupo Carso, S.A.B. de C.V. (Grupo Carso).

ii) In 2023, this amount includes Ps. 48,564 (Ps. 79,398 in 2022) for network maintenance services performed by Grupo Carso subsidiaries; Ps. 0 in 2023 (Ps. 16,556 in 2022, respectively) for software services provided by an associate, and Ps. 2,734,425 (Ps. 2,272,336 in 2022) for insurance premiums paid mainly by Radiomóvil Dipsa, S.A. de C.V. (hereinafter, “Telcel”) to Seguros Inbursa S.A. and Fianzas Guardiana Inbursa, S.A., which, in turn, places most of such insurance with reinsurers.

iii) In 2023, this amount includes Ps. 789,414 of the cost related to the sales of towers by Compañía Dominicana de Teléfonos, S.A., Ps. 779,231 of the cost related to the sale of towers by América Móvil Perú, S.A.C., and Ps. 15,435 of the cost related to the sale of towers by Telmex.

iv) In 2023, this amount includes Ps. 2,427,897 for sales of towers by Compañía Dominicana de Teléfonos, S.A., Ps. 4,282,291 for sales of towers by América Móvil Perú, S.A.C., and Ps. 952,000 for sale of towers by Telmex.

4. Property, Plant and Equipment, net

During the nine-month periods ended September 30, 2023 and 2022, the Company made purchases of plant and equipment (transmission network and other mobile and fixed assets) for an amount represented by net additions of Ps. 89,597,179 and Ps. 99,798,593, respectively. The depreciation of the period is represented by the amount of Ps. 77,925,179 (September 30, 2022: Ps. 87,158,682) and the Company registered a translation effect of foreign entities of Ps. 26,156,932 (September 30, 2022: Ps. 18,829,920).

5. Income Taxes

As explained elsewhere in these unaudited interim condensed consolidated financial statements, the Company is a Mexican corporation with numerous consolidated subsidiaries operating in other countries.

i) Consolidated income tax matters

The composition of income tax expense for the nine-month period ended September 30, 2023 and 2022 is as follows:

	2023			2022
Current period income tax	Ps.	36,182,909		Ps.	39,557,635
Deferred income tax		(7,070,405	)		(3,900,303	)
Total Income tax	Ps.	29,112,504		Ps.	35,657,332
Income tax attributable to the discontinued operations:
Income tax of foreign discontinued operations. See Note 2 b)	Ps.	—		Ps.	—

F-10

Deferred tax related to items recognized in OCI during the nine-month period ended September 30, 2023 and 2022 is as follows:  

	2023		2022
Equity investments at fair value	Ps.	3,714,808	Ps.	7,400,822
Deferred tax benefit recognized in OCI	Ps.	3,714,808	Ps.	7,400,822

In addition, deferred tax of Ps. 2,315,646 and Ps. 16,498,136 was transferred in the first nine months of 2023 and 2022, respectively, from revaluation surplus to retained earnings. This relates to the difference between the actual depreciation and equivalent depreciation based on cost.

Income Tax — Our income tax expense for the first nine months of 2023 was Ps. 29,112,504, as compared with Ps. 35,657,332 for the first nine months of 2022 (without taking into account income tax of discontinued operations - ClaroVTR and Claro Panama disposal). 

a) Decrease in the Effective Rate — The decrease in the effective rate of income taxes (32.07% in the first nine months of 2023, compared to 35.75% in the first nine months of 2022), with respect to the legal rate of 30.0% was mainly due to the inflationary tax effects, and tax benefits in several entities.

b) For year-end of December 31, 2023, the estimated effective rate will be 33.00%.

F-11

6. Debt

a) The Company’s short and long-term debt consists of the following:

As of September 30, 2023			(Thousands of Mexican pesos)
Currency	Loan	Interest rate	Maturity	Total
Senior Notes
U.S. dollars
	Fixed-rate Senior notes (i)	3.625%	2029	Ps.	17,728,700
	Fixed-rate Senior notes (i)	2.875%	2030		17,728,700
	Fixed-rate Senior notes (i)	4.700%	2032		13,296,525
	Fixed-rate Senior notes (i)	6.375%	2035		17,397,705
	Fixed-rate Senior notes (i)	6.125%	2037		6,545,879
	Fixed-rate Senior notes (i)	6.125%	2040		35,377,798
	Fixed-rate Senior notes (i)	4.375%	2042		20,388,005
	Fixed-rate Senior notes (i)	4.375%	2049		22,160,875
	Subtotal U.S. dollars			Ps.	150,624,187
Mexican pesos
	Domestic Senior notes (i)	TIIE + 0.020%	2024	Ps.	1,356,693
	Domestic Senior notes (i)	TIIE + 0.050%	2024		1,920,231
	Fixed-rate Senior notes (i)	7.125%	2024		11,000,000
	Domestic Senior notes (i)	0.000%	2025		5,851,519
	Domestic Senior notes (i)	TIIE + 0.300%	2025		335,731
	Domestic Senior notes (i)	TIIE + 0.300%	2025		73,688
	Domestic Senior notes (i)	9.350%	2028		11,016,086
	Fixed-rate Senior notes (i)	9.500%	2031		17,000,000
	Domestic Senior notes (i)	9.520%	2032		14,679,166
	Fixed-rate Senior notes (i)	8.460%	2036		7,871,700
	Domestic Senior notes (i)	8.360%	2037		4,964,352
	Domestic Senior notes (i)	4.840%	2037		7,308,611
	Subtotal Mexican pesos			Ps.	83,377,777
Euros
	Commercial Paper (iv)	3.830%	2023	Ps.	937,228
	Commercial Paper (iv)	3.830%	2023		749,782
	Commercial Paper (iv)	3.820%	2023		937,228
	Commercial Paper (iv)	3.830%	2023		468,614
	Commercial Paper (iv)	3.830%	2023		468,614
	Commercial Paper (iv)	3.850%	2023		880,994
	Commercial Paper (iv)	3.840%	2023		468,614
	Commercial Paper (iv)	3.850%	2023		468,614
	Commercial Paper (iv)	3.870%	2023		656,059

F-12

	Commercial Paper (iv)	3.870%	2023		937,228
	Commercial Paper (iv)	3.950%	2023		937,228
	Commercial Paper (iv)	3.970%	2023		656,059
	Commercial Paper (iv)	3.960%	2023		281,168
	Commercial Paper (iv)	4.030%	2023		937,228
	Commercial Paper (iv)	4.030%	2023		468,614
	Commercial Paper (iv)	4.140%	2023		187,446
	Commercial Paper (iv)	3.950%	2023		937,228
	Commercial Paper (iv)	3.950%	2023		656,059
	Commercial Paper (iv)	4.110%	2024		281,168
	Exchangeable Bond (i)	0.000%	2024		37,856,502
	Fixed-rate Senior notes (i)	1.500%	2024		15,932,871
	Fixed-rate Senior notes (i)	1.500%	2026		14,058,416
	Fixed-rate Senior notes (i)	0.750%	2027		14,167,790
	Fixed-rate Senior notes (i)	2.125%	2028		11,179,440
	Fixed-rate Senior notes (i)	5.250%	2028		9,372,277
	Subtotal euros			Ps.	114,882,469
Pound Sterling
	Fixed-rate Senior notes (i)	5.000%	2026	Ps.	10,813,621
	Fixed-rate Senior notes (i)	5.750%	2030		14,057,707
	Fixed-rate Senior notes (i)	4.948%	2033		6,488,172
	Fixed-rate Senior notes (i)	4.375%	2041		16,220,431
	Subtotal Pound Sterling			Ps.	47,579,931
Brazilian reais
	Promissory Notes (i)	CDI + 1.000%	2023	Ps.	2,832,287
	Debentures (i)	CDI + 1.400%	2024		15,046,524
	Debentures (i)	CDI + 1.370%	2025		5,310,538
	Debentures (i)	CDI + 1.350%	2026		5,310,538
	Subtotal Brazilian reais			Ps.	28,499,887
Other currencies
Japanese yen
	Fixed-rate Senior notes (i)	2.950%	2039	Ps.	1,542,968
	Subtotal Japanese yen			Ps.	1,542,968
Chilean pesos
	Fixed-rate Senior notes (i)	4.000%	2035	Ps.	3,582,591
	Subtotal Chilean pesos			Ps.	3,582,591
	Subtotal other currencies			Ps.	5,125,559
Lines of Credit and others
Euros
	Lines of credit (ii)	Euribor 1M + 1.3% / 4.150% - 5.195%	2023 - 2028	Ps.	12,652,574

F-13

Mexican pesos
	Lines of credit (ii)	TIIE + 0.300% - TIIE + 0.780%	2023 - 2024		56,280,000
Peruvian Soles
	Lines of credit (ii)	7.940% - 8.010%	2024		8,021,245
	Subtotal Lines of Credit and others			Ps.	76,953,819
	Total debt			Ps.	507,043,629
	Less: Short-term debt and current portion of long-term debt			Ps.	152,921,592
	Long-term debt			Ps.	354,122,037

As of December 31, 2022			(Thousands of Mexican pesos)
Currency	Loan	Interest rate	Maturity	Total
Senior Notes
U.S. dollars
	Fixed-rate Senior notes (i)	3.625%	2029	Ps.	19,414,300
	Fixed-rate Senior notes (i)	2.875%	2030		19,414,300
	Fixed-rate Senior notes (i)	4.700%	2032		14,560,725
	Fixed-rate Senior notes (i)	6.375%	2035		19,051,835
	Fixed-rate Senior notes (i)	6.125%	2037		7,168,245
	Fixed-rate Senior notes (i)	6.125%	2040		38,741,430
	Fixed-rate Senior notes (i)	4.375%	2042		22,326,445
	Fixed-rate Senior notes (i)	4.375%	2049		24,267,875
	Subtotal U.S. dollars			Ps.	164,945,155
Mexican pesos
	Domestic Senior notes (i)	TIIE + 0.050%	2024	Ps.	1,920,231
	Fixed-rate Senior notes (i)	7.125%	2024		11,000,000
	Domestic Senior notes (i)	0.000%	2025		5,683,928
	Domestic Senior notes (i)	TIIE + 0.300%	2025		335,731
	Domestic Senior notes (i)	9.520%	2032		14,679,166
	Fixed-rate Senior notes (i)	8.460%	2036		7,871,700
	Domestic Senior notes (i)	8.360%	2037		4,964,352
	Domestic Senior notes (i)	4.840%	2037		7,099,289
	Subtotal Mexican pesos			Ps.	53,554,397
Euros
	Commercial Paper (iv)	2.020%	2023	Ps.	519,575
	Commercial Paper (iv)	2.010%	2023		1,039,150

F-14

	Commercial Paper (iv)	2.270%	2023		519,575
	Commercial Paper (iv)	2.150%	2023		519,575
	Fixed-rate Senior notes (i)	3.500%	2023		6,234,902
	Fixed-rate Senior notes (i)	3.259%	2023		15,587,256
	Exchangeable Bond (i)	0.000%	2024		43,581,968
	Fixed-rate Senior notes (i)	1.500%	2024		17,665,557
	Fixed-rate Senior notes (i)	1.500%	2026		15,587,256
	Fixed-rate Senior notes (i)	0.750%	2027		15,708,525
	Fixed-rate Senior notes (i)	2.125%	2028		12,395,194
	Subtotal euros			Ps.	129,358,533
Pound Sterling
	Fixed-rate Senior notes (i)	5.000%	2026	Ps.	11,729,149
	Fixed-rate Senior notes (i)	5.750%	2030		15,247,894
	Fixed-rate Senior notes (i)	4.948%	2033		7,037,490
	Fixed-rate Senior notes (i)	4.375%	2041		17,593,724
	Subtotal Pound Sterling			Ps.	51,608,257
Brazilian reais
	Debentures (i)	CDI + 1.350%	2023	Ps.	9,302,135
	Promissory Notes (i)	CDI + 1.000%	2023		2,976,683
	Debentures (i)	CDI + 1.400%	2024		15,813,630
	Debentures (i)	CDI + 1.370%	2025		5,581,281
	Subtotal Brazilian reais			Ps.	33,673,729
Other currencies
Japanese yen
	Fixed-rate Senior notes (i)	2.950%	2039	Ps.	1,924,847
	Subtotal Japanese yen			Ps.	1,924,847
Chilean pesos
	Fixed-rate Senior notes (i)	4.000%	2035	Ps.	3,964,099
	Subtotal Chilean pesos			Ps.	3,964,099
	Subtotal other currencies			Ps.	5,888,946
Lines of Credit and others
U.S. dollars
	Lines of credit (ii)	5.050%	2023	Ps.	491,750
Euros
	Lines of credit (ii)	2.083% - 2.650%	2023 - 2024		17,052,458
Mexican pesos
	Lines of credit (ii)	TIIE + 0.280% - TIIE + 0.580%	2023		43,580,000
Peruvian Soles
	Lines of credit (ii)	6.00%	2023		4,142,056
Colombian pesos
	Lines of credit (ii)	IBR + 2.25%	2023		165,479

F-15

Brazilian reais
	Lines of credit (ii)	13.32%	2023		6,105,177
Others
	Lines of credit (ii)	11.00%	2023		23,543
	Subtotal Lines of Credit and others			Ps.	71,560,463
	Total debt			Ps.	510,589,480
	Less: Short-term debt and current portion of long-term debt			Ps.	102,024,414
	Long-term debt			Ps.	408,565,066

L = LIBOR (London Interbank Offered Rate)

TIIE = Mexican Interbank Rate

CDI = Brazil Interbank Deposit Rate

TAB = Chilean weighted average funding rate

IBR = Colombia Reference Bank Indicator

Interest rates on the Company’s debt are subject to fluctuations in international and local rates. The Company’s weighted-average cost of borrowed funds as of December 31, 2022 and September 30, 2023 was approximately 5.38% and 5.98%, respectively.

Such rates do not include commissions or the reimbursements for Mexican tax withholdings (typically a tax rate of 4.9%) that the Company must pay to international lenders.

An analysis of the Company’s short-term debt maturities as of December 31, 2022 and September 30, 2023 is as follows:

	2022			2023
Obligations and Senior Notes	Ps.	36,698,853		Ps.	85,340,050
Lines of credit		65,325,561			67,581,542
Financial leases		—			—
Subtotal short term debt	Ps.	102,024,414		Ps.	152,921,592
Weighted-average interest rate		8.50	%		7.11	%

The Company’s long-term debt maturities are as follows:

Years	Amount
2024	Ps.	12,920,231
2025		11,571,475
2026		30,182,574
2027 and thereafter		299,447,757
Total	Ps.	354,122,037

F-16

(i) Senior Notes

The outstanding Senior Notes as of December 31, 2022 and September 30, 2023 are as follows:

Currency*	2022		2023
U.S. dollars	Ps.	164,945,155	Ps.	150,624,187
Mexican pesos		53,554,397		83,377,777
Euros		129,358,533		114,882,469
Pound sterling		51,608,257		47,579,931
Brazilian reais		33,673,729		28,499,887
Japanese yens		1,924,847		1,542,968
Chilean pesos		3,964,099		3,582,591

* Thousands of Mexican pesos

* Includes secured and unsecured senior notes.

On July 21st. the Company saw matured its €750 million, 3.259% bond, with a tenor of ten years.

(ii) Lines of credit

As of December 31, 2022, and September 30, 2023, debt under lines of credit aggregated to Ps. 71,560 million and Ps. 76,954 million, respectively. Telekom Austria closed September 30, 2023 with an aggregated debt of Ps. 12,653 under lines of credit.

The Company has two revolving syndicated credit facilities, one for the Euro equivalent of US$1,500 million and the other for US$2,500 million maturing in 2026 and 2024, respectively. As long as the facilities are committed, a commitment fee is paid. As of September 30, 2023, these credit facilities are undrawn. Telekom Austria has an undrawn revolving syndicated credit facility in Euros for €1,000 million that matures in 2026.

(iv) Commercial Paper

In August 2020, we established a new Euro-Commercial Paper program for a total amount of €2,000 million. As of September 30, 2023, debt under this program aggregated to Ps. 12,315 million.

Restrictions

A portion of the debt is subject to certain restrictions with respect to maintaining certain financial ratios, as well as restrictions on selling a significant portion of groups of assets, among others. As of September 30, 2023, the Company was in compliance with all these requirements.

A portion of the debt is also subject to early maturity or repurchase at the option of the holders in the event of a change in control of the Company, as defined in each instrument. The definition of change in control varies from instrument to instrument; however, no change in control shall be considered to have occurred as long as its current shareholders continue to hold the majority of the Company’s voting shares.

Covenants

In conformity with the credit agreements, the Company is obliged to comply with certain financial and operating commitments. Such covenants limit in certain cases, the ability of the Company or the guarantor to: pledge assets, carry out certain types of mergers, sell all or substantially all of its assets, and sell control of Telcel.

Such covenants do not restrict the ability of AMX’s subsidiaries to pay dividends or other payment distributions to AMX. The more restrictive financial covenants require the Company to maintain a consolidated ratio of debt to EBITDA (defined as operating income plus depreciation and amortization) that does not exceed 4 to 1, and a consolidated ratio of EBITDA to interest paid that is not below 2.5 to 1 (in accordance with the clauses included in the credit agreements).

Several of the financing instruments of the Company may be accelerated, at the option of the debt holder in the case that a change in control occurs.

As of September 30, 2023, the Company was in compliance with all the covenants.

7. Contingencies

Included in Note 17 on pages F-68 to F-70 of the Company’s 2022 Form 20-F is a disclosure of material contingencies outstanding as of December 31, 2022. As of September 30, 2023, there has not been any material change in the status of those contingencies.

F-17

8. Financial Assets and Liabilities

Set out below is the categorization of the financial instruments, excluding cash and cash equivalents, held by the Company as of September 30, 2023 and December 31, 2022:

	September 30, 2023
	Loans and Receivables		Fair value through profit or loss		Fair value through OCI
Financial Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	5,889,985	Ps.	—	Ps.	68,627,966
Accounts receivable from subscribers, distributors, contractual assets and other		163,010,399		—		—
Related parties		1,395,450		—		—
Derivative financial instruments		—		1,779,953		—
Total current assets		170,295,834		1,779,953		68,627,966
Debt instruments at fair value through OCI		—		—		14,510,542
Total	Ps.	170,295,834	Ps.	1,779,953	Ps.	83,138,508
Financial Liabilities:
Debt	Ps.	507,043,629	Ps.	—	Ps.	—
Liability related to right-of-use of assets		131,467,840		—		—
Accounts payable		169,397,530		—		—
Related parties		6,037,132		—		—
Derivative financial instruments		—		24,499,284		—
Total	Ps.	813,946,131	Ps.	24,499,284	Ps.	—

	December 31, 2022
	Loans and Receivables		Fair value through profit or loss		Fair value through OCI
Financial Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	—	Ps.	—	Ps.	88,428,111
Accounts receivable from subscribers, distributors, contractual assets and other		161,201,512		—		—
Related parties		2,287,213		—		—
Derivative financial instruments		—		2,602,680		—
Total current assets		163,488,725		2,602,680		88,428,111
Debt instruments at fair value through OCI		—		—		6,981,149
Total	Ps.	163,488,725	Ps.	2,602,680	Ps.	95,409,260
Financial Liabilities:
Debt	Ps.	510,589,480	Ps.	—	Ps.	—
Liability related to right-of-use of assets		134,148,811		—		—
Accounts payable		174,472,769		—		—
Related parties		7,224,218		—		—
Derivative financial instruments		—		25,331,346		—
Total	Ps.	826,435,278	Ps.	25,331,346	Ps.	—

Fair value hierarchy

The Company’s valuation techniques used to determine and disclose the fair value of its financial instruments are based on the following hierarchy:

Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities;

Level 2: Variables other than quoted prices in Level 1 that are observable for the asset or liability, either directly (prices) or indirectly (derived from prices); and

F-18

Level 3: Variables used for the asset or liability that are not based on any observable market data (non-observable variables).

The fair value for the financial assets (excluding cash and cash equivalents) and financial liabilities shown in the interim condensed consolidated statements of financial position at September 30, 2023 and December 31, 2022 is as follow:

	Measurement of fair value at September 30, 2023
	Level 1		Level 2		Level 3		Total
Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	68,627,966	Ps.	—		Ps.5,889,985		Ps.74,517,951
Derivative financial instruments		—		1,779,953		—		1,779,953
Revalued of assets		—		—		27,812,945		27,812,945
Pension plan assets		191,871,841		14,298,222		35,860		206,205,923
Total current assets		260,499,807		16,078,175		33,738,790		310,316,772
Debt instruments at fair value through OCI		5,032,597		9,477,945		—		14,510,542
Total	Ps.	265,532,404	Ps.	25,556,120	Ps.	33,738,790	Ps.	324,827,314
Liabilities:
Debt	Ps.	349,654,882	Ps.	127,557,171	Ps.	—	Ps.	477,212,053
Liability related to right-of-use of assets		131,467,840		—		—		131,467,840
Derivative financial instruments		—		24,499,284		—		24,499,284
Total	Ps.	481,122,722	Ps.	152,056,455	Ps.	—	Ps.	633,179,177

	Measurement of fair value at December 31, 2022
	Level 1		Level 2		Level 3		Total
Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	88,428,111	Ps.	—	Ps.	—	Ps.	88,428,111
Derivative financial instruments		—		2,602,680		—		2,602,680
Revalued of assets		—		—		38,353,719		38,353,719
Pension plan assets		192,829,688		15,657,661		39,270		208,526,619
Total current assets		281,257,799		18,260,341		38,392,989		337,911,129
Debt instruments at fair value through OCI		—		6,981,149		—		6,981,149
Total	Ps.	281,257,799	Ps.	25,241,490	Ps.	38,392,989	Ps.	344,892,278
Liabilities:
Debt	Ps.	371,709,395	Ps.	116,848,635	Ps.	—	Ps.	488,558,030
Liability related to right-of-use of assets		134,148,811		—		—		134,148,811
Derivative financial instruments		—		25,331,346		—		25,331,346
Total	Ps.	505,858,206	Ps.	142,179,981	Ps.	—	Ps.	648,038,187

Fair value of derivative financial instruments is valued using valuation techniques with market observable inputs. To determine its Level 2 fair value, the Company applies different valuation techniques including forward pricing and swaps models, using present value calculations. The models incorporate various inputs including credit quality of counterparties, foreign exchange spot and forward rates and interest rate curves. Fair value of debt Level 2 has been determined using a model based on present value calculation incorporating credit quality of AMX. The fair value of VTR bonds in AMX B.V. as debt instruments at fair value through OCI, were classified as Level 1 as they are listed on the regulated market. The Company’s investment in equity investments at fair value, specifically the investment in KPN N.V.and Verizon, is valued using the quoted prices (unadjusted) in active markets for identical assets. The net realized loss related to derivative financial instruments for the nine-months period ended September 30, 2023 and 2022 was Ps. (9,051,611) and Ps. (1,444,143) respectively.

The fair value of the asset revaluation was calculated using valuation techniques, using observable market data and internal information on transactions carried out with independent third parties. To determine fair value, we use level 2 and 3 information, the Company used inputs such as average rents, contract term and discount rates for discounted flow modeling techniques; in the case of discount rates, we use level 2 data where the information is public and is found in recognized databases, such as country risks, inflation, etc. In the case of average rents and contract terms, we use level 3 data, where the information is mainly internal based on lease contracts entered into with independent third parties.

For the nine-months period ended September 30, 2023, and 2022, no transfers were made between Level 1, Level 2 and Level 3 fair value measurement hierarchies.

F-19

9. Shareholders’ Equity

a) Pursuant to the Company’s bylaws, the capital stock of the Company consisted as of September 30, 2023 of a minimum fixed portion of Ps. 238,749 (nominal amount), represented by a total of 63,220’260,000 shares (including treasury shares available for placement in accordance with the provisions of the Mexican Securities Market Law) (Ley del Mercado de Valores), all of them “B” shares.

b) As of September 30, 2023 and December 31, 2022, the Company’s capital stock was represented by 62,879’000,000 outstanding “B” shares and 63,325,000,000 shares (20,554,697,460 “AA” shares, 488,283,894 “A” shares and 42,282,018,646 “L” shares), respectively, not including treasury shares.

c) As of September 30, 2023 and December 31, 2022, the Company’s treasury held for placement in accordance with the provisions of the Mexican Securities Market Law (Ley del Mercado de Valores ) and the Mexican General Regulations applicable to Securities Issuers (Disposiciones de carácter general aplicables a las Emisoras de Valores y a otros participantes del Mercado de Valores) issued by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores), a total amount of 341’260,000 shares all Series “B”; and 56,000,000 shares all of them Series “L”, respectively all acquired pursuant to the Company’s share repurchase program.

d) Company’s “B” shares are registered common and no-par value shares with full voting rights.

Dividends

On April 27, 2023, the Company’s shareholders approved, among other resolutions, the payment of a dividend of Ps. 0.46 (forty-six peso cents) per share to each of the shares of its capital stock. It was approved, that such dividend would be paid in two installments of Ps. 0.23 (twenty three peso cents) each, on July 17 and November 13, 2023 respectively. As of the date of the accompanying unaudited interim condensed consolidated financial statements, the first disbursement was paid.

On April 20, 2022, the Company’s shareholders approved, among other resolutions, the payment of a dividend of Ps. 0.44 (forty-four peso cents) per share to each of the shares series of its capital stock “AA”, “A” and “L”. It was approved, that such dividend would be paid in one installment, on August 29, 2022.

Legal Reserve

According to the General Corporations Law (Ley General de Sociedades Mercantiles), companies must allocate from the net profit of each year, at least 5% to increase the legal reserve until it reaches 20% of its capital stock. This reserve may not be distributed to shareholders during the existence of the Company, except as a stock dividend. As of September 30, 2023 and December 31, 2022, the legal reserve amounted to Ps. 358,440.

Restrictions on Certain Transactions

Pursuant to the Company’s bylaws any transfer of more than 10% of the full voting shares, effected in one or more transactions by any person or group of persons acting in concert, requires prior approval by our Board of Directors. However, if the Board of Directors denies such approval, the Company’s bylaws require it to designate an alternate transferee, who must pay market price for the shares as quoted on the Bolsa Mexicana de Valores, S.A.B. de C.V.

Payment of Dividends

Dividends, either in cash or in kind, paid with respect to the “B” shares or “B” share ADSs will generally be subject to a 10% Mexican withholding tax (provided that no Mexican withholding tax will apply to distributions of net taxable profits generated before 2014). Non-resident holders could be subject to a lower tax rate, to the extent that they are eligible for benefits under an income tax treaty to which Mexico is a party.

F-20

10. Components of other comprehensive loss

The movement on the components of the other comprehensive income for the nine-month periods ended September 30, 2023 and 2022 is as follows:

	2023			2022
Controlling interest:
Unrealized loss on equity investments at fair value, net of deferred taxes	Ps.	(3,630,663	)	Ps.	(5,699,392	)
Translation effect of foreign entities		(25,259,730	)		(23,903,935	)
Translation effect by discontinued operations		—			(1,750,472	)
Remeasurement of defined benefit plan, net of deferred taxes		—			294,922
Non-controlling interest of the items above		(2,254,566	)		(4,679,057	)
Other comprehensive loss	Ps.	(31,144,959	)	Ps.	(35,737,934	)

11. Valuation of derivatives, interest cost from labor obligations and other financial items, net

For the nine-month periods ended September 30, 2023 and 2022, valuation of derivatives and other financial items was as follows:

	2023			2022
Loss in valuation of derivatives, net	Ps.	(14,583,677	)	Ps.	(33,682,405	)
Capitalized interest income		998,616			1,149,241
Commissions		(854,342	)		(770,028	)
Interest cost of labor obligations		(10,373,166	)		(9,287,660	)
Dividend received		3,884,554			5,433,823
Gain on net monetary positions		12,310,469			9,773,317
Contractual earn-out Verizon		1,345,103			2,298,533
Impairment to accounts receivable – ClaroVTR		(8,238,393	)		—
Impairment to investment – ClaroVTR		(4,677,782	)		—
TracFone contractual compensation		(647,013	)		—
DISH uncollectible allowance		(613,515	)		—
Dividend prescription America Movil		—			885,877
Other financial cost(i)		136,422			497,828
Total	Ps.	(21,312,724	)	Ps.	(23,701,474	)

(i)  Excludes discontinued operations of Chile and Panama (See Note 2b)

12. Segments

América Móvil operates in different countries. As mentioned in Note 1, the Company has operations in 22 countries, including Mexico, Guatemala, Nicaragua, Ecuador, El Salvador, Costa Rica, Brazil, Argentina, Colombia, Honduras, Peru, Paraguay, Uruguay, the Dominican Republic, Puerto Rico, Austria, Croatia, Bulgaria, Belarus, Macedonia, Serbia and Slovenia. The accounting policies for the segments are the same as those described in Note 2.

The Chief Executive Officer, who is the Chief Operating Decision Maker (“CODM”), analyzes the financial and operating information by operating segment. All operating segments that (i) represent more than 10% of consolidated revenues, (ii) more than the absolute amount of its reported 10% of profits before income tax or (iii) more than 10% of consolidated assets, are presented separately.

The Company presents the following reportable segments for the purposes of its unaudited interim condensed consolidated financial statements: Mexico (includes Telcel and Corporate operations and assets), Telmex (Mexico), Brazil, Southern Cone (includes Argentina, Paraguay and Uruguay), Colombia, Andean (includes Ecuador and Peru), Central America (includes Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica), Caribbean (includes the Dominican Republic and Puerto Rico), and Europe (includes Austria, Bulgaria, Croatia, Belarus, Slovenia, Macedonia and Serbia).

The segment Southern Cone comprises mobile communication services in Argentina as well as Paraguay and Uruguay. Beginning in 2018, hyperinflation accounting in accordance with IAS 29 was initially applied to Argentina, which results in the restatement of non-monetary assets, liabilities and all items of the statement of comprehensive income for the change in a general price index and the translation of these items applying the period-end exchange rate.

F-21

The Company considers that the quantitative and qualitative aspects of any aggregated operating segments (that is, Central America and Caribbean reportable segments) are similar in nature for all periods presented. In evaluating the appropriateness of aggregating operating segments, the key indicators considered included but were not limited to: (i) the similarity of key financial statements measures and trends, (ii) all entities provide telecommunications services, (iii) similarities of customer base and services, (iv) the methods to distribute services are the same, based on telephone plant in both cases, wireless and fixed lines, (v) similarities of governments and regulatory entities that oversee the activities and services of telecom companies, (vi) inflation trends and (vii) currency trends.

F-22

	Mexico			Telmex			Brazil			(1) Southern Cone			Colombia		Andean		(2) Central America			Caribbean		Europe			Eliminations			Consolidated total
For the nine-months period ended September 30, 2023 (in Ps.):
External revenues		183,326,820			63,385,410			120,643,031			25,589,086			45,573,769		40,784,677		32,815,550			28,317,264		74,864,647			—			615,300,254
Intersegment revenues		7,282,073			12,447,157			3,342,344			37,453			246,029		50,594		73,754			899,205		—			(24,378,609	)		—
Total revenues		190,608,893			75,832,567			123,985,375			25,626,539			45,819,798		40,835,271		32,889,304			29,216,469		74,864,647			(24,378,609	)		615,300,254
Depreciation and amortization		19,854,926			10,661,824			32,948,124			7,138,235			9,687,040		7,705,756		7,774,150			5,272,622		15,611,301			(1,326,894	)		115,327,084
Operating income		62,193,205			9,478,594			18,413,105			836,693			7,317,594		8,582,308		4,826,064			6,309,274		12,140,762			(4,121,609	)		125,975,990
Interest income		19,632,757			1,090,456			3,318,180			486,484			645,925		1,620,722		466,514			1,147,198		307,387			(22,071,061	)		6,644,562
Interest expense		20,369,944			5,442,770			19,273,742			1,474,895			2,489,576		1,222,209		933,496			1,229,509		1,432,444			(21,573,850	)		32,294,735
Income tax		22,039,911			(145,184	)		654,368			(2,325,567	)		835,905		3,330,258		1,314,679			1,535,248		2,300,165			(427,279	)		29,112,504
Equity interest in net income (loss) of associated companies		(3,797,172	)		28,384			24,249			(2,815	)		—		—		(645	)		—		16,513			—			(3,731,486	)
Net profit (loss) attributable to equity holders of the parent		28,946,397			(4,035,727	)		4,346,285			(143,764	)		3,180,166		6,476,390		3,191,646			4,365,631		8,535,407			3,186,175			58,048,606
Assets by segment		1,030,522,792			237,903,064			388,792,356			81,116,527			114,451,892		92,960,971		90,174,355			103,282,962		147,490,187			(694,553,031	)		1,592,142,075
Plant, property and equipment, net		46,104,250			145,781,937			152,498,377			39,540,047			49,660,991		29,654,941		40,204,241			36,373,908		67,032,522			(1,075,916	)		605,775,298
Revalued of assets		—			—			—			—			7,990,278		—		—			—		19,822,667			—			27,812,945
Goodwill		26,450,092			215,381			29,800,253			201,265			9,134,535		4,620,773		6,290,086			14,186,723		55,694,728			—			146,593,836
Trademarks, net		109,232			95,212			1,221			—			—		570		—			199,664		2,326,510			—			2,732,409
Licenses and rights, net		10,751,301			98,630			33,300,938			12,018,537			8,156,321		3,339,628		4,967,979			9,112,039		18,736,696			—			100,482,069
Investment in associated companies		21,458,537			574,192			49,427			(12,872	)		—		—		21,139			—		18,463			(6,098,146	)		16,010,740
Liabilities by segments		651,378,535			230,678,142			322,742,258			46,077,687			58,557,943		40,753,768		34,556,739			49,060,210		92,192,262			(358,399,590	)		1,167,597,954
For the nine-months period ended September 30, 2022 (in Ps.):
External revenues		173,172,999			59,941,741			123,960,091			31,364,649			55,577,412		40,900,522		35,271,222			29,352,658		78,998,073			—			628,539,367
Intersegment revenues		6,693,842			12,078,536			2,517,238			(76,302	)		284,947		56,598		131,015			1,465,986		—			(23,151,860	)		—
Total revenues		179,866,841			72,020,277			126,477,329			31,288,347			55,862,359		40,957,120		35,402,237			30,818,644		78,998,073			(23,151,860	)		628,539,367
Depreciation and amortization		19,630,572			9,815,473			32,355,992			7,573,737			10,016,934		7,973,246		8,217,529			5,357,477		17,256,032			367,559			118,564,551
Operating income		56,239,177			9,804,633			18,586,084			2,662,681			11,232,978		5,750,496		6,760,634			6,657,361		12,976,982			(4,485,665	)		126,185,361
Interest income		13,450,786			555,563			1,713,993			612,437			504,971		633,511		274,680			406,424		156,211			(15,196,268	)		3,112,308
Interest expense		18,595,453			2,043,815			17,643,103			2,199,390			1,969,055		702,871		811,202			754,293		979,499			(14,758,341	)		30,940,340
Income tax		21,757,834			1,730,732			(107,876	)		1,532,415			2,250,229		1,775,276		1,808,111			2,279,688		2,573,925			56,998			35,657,332
Equity interest in net income (loss) of associated companies		34,540			22,459			10,642			(528	)		—		—		—			—		(19,099	)		—			48,014
Net profit (loss) attributable to equity holders of the parent continues operations		53,728,501			(1,981,977	)		4,110,728			848,256			5,057,140		4,290,589		4,283,706			3,727,793		9,529,969			(23,816,630	)		59,778,075
Net profit attributable to equity holders of the parent discontinued operations		—			—			—			—			—		—		—			—		—			—			2,671,630
Net profit (loss) attributable to equity holders of the parent		53,728,501			(1,981,977	)		4,110,728			848,256			5,057,140		4,290,589		4,283,706			3,727,793		9,529,969			(23,816,630	)		62,449,705
Assets by segment		1,050,721,746			208,717,113			401,470,870			133,019,538			105,867,593		83,344,448		85,906,325			102,864,039		149,230,066			(690,838,170	)		1,630,303,568
Plant, property and equipment, net		49,659,959			128,057,776			156,556,259			62,710,762			46,760,727		32,923,637		38,481,018			42,377,462		68,193,484			(982,743	)		624,738,341
Revalued of assets		—			—			—			—			8,647,734		6,691,780		—			1,592,140		22,726,516			—			39,658,170
Goodwill		23,296,674			215,381			31,068,497			2,295,155			12,742,478		4,680,898		6,323,205			14,186,723		48,521,317			—			143,330,328
Trademarks, net		106,771			126,442			—			—			—		—		—			241,987		2,448,987			—			2,924,187
Licenses and rights, net		10,870,850			112,302			37,967,828			15,372,115			9,134,619		4,593,871		3,803,556			10,773,291		20,292,186			—			112,920,618
Investment in associated companies		3,750,083			544,058			86,784			(22,937	)		—		—		24,894			—		21,536			(1,262,240	)		3,142,178
Liabilities by segments		633,866,917			190,971,198			294,931,188			73,669,413			55,487,418		35,050,731		31,004,610			53,039,683		95,495,024			(264,769,028	)		1,198,747,154

(1)  Restated for discontinued operations for the nine-month period ended September 30, 2022 ClaroVTR.

(2)  Restated for discontinued operations for the nine-month period ended September 30, 2022 (Panama disposal).

F-23

13. Subsequent events

a) On November 29, 2023, the Company through its subsidiary América Móvil, B.V. has increased its overall shareholding in Telekom Austria AG to 58% of Telekom Austria’s total outstanding shares, through a series of open market transactions.

b) On December 26, 2023, the Company entered into a Transaction Agreement with Liberty Latin America Ltd. (“LLA”); its JV, ClaroVTR and certain affiliates of the Company and LLA, which consists of providing additional capital required by ClaroVTR during the calendar year 2023 and through June 30, 2024 in an aggregate amount not to exceed CLP$972.4 billion, either collectively in proportion to their respective shareholding percentage interest or individually. 

Furthermore, the Company or LLA may exercise a catch-up right on or before August 1, 2024, to cure any failure by the Company or LLA to fund its respective portion of such commitment in order to continue ClaroVTR as a 50:50 joint venture. Upon the conversion of the convertible notes of ClaroVTR purchased by the Company and any additional convertible notes purchased by the Company on or prior to August 1, 2024, ClaroVTR may no longer be a 50:50 joint venture if LLA does not exercise its catch-up right pursuant to the joint venture agreement.

F-24

XML

Cover Page	9 Months Ended
	Sep. 30, 2023
Document Information [Line Items]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Entity Registrant Name	AMERICA MOVIL SAB DE CV/
Entity Central Index Key	0001129137
Current Fiscal Year End Date	--12-31

XML

Interim Condensed Consolidated Statements of Financial Position - MXN ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 28,269,862	$ 33,700,949
Equity investments at fair value through other comprehensive income (OCI) and other short-term investments	74,517,951	88,428,111
Accounts receivable:
Subscribers, distributors, recoverable taxes, contract assets and other, net	217,091,976	199,424,202
Related parties	1,395,450	2,287,213
Derivative financial instruments	1,779,953	2,602,680
Inventories, net	20,564,752	23,995,133
Other current assets, net	15,624,093	10,565,422
Total current assets	359,244,037	361,003,710
Non-current assets:
Property, plant and equipment, net	633,588,243	657,226,210
Intangibles, net	120,066,266	128,893,422
Goodwill	146,593,836	141,121,365
Investments in associated companies	16,010,740	23,975,462
Deferred income taxes	133,470,022	128,717,811
Accounts receivable, subscriber, distributors and contract assets, net	8,637,383	8,724,497
Other assets, net	40,010,171	39,581,622
Debt instruments at fair value through other comprehensive income (OCI)	14,510,542	6,981,149
Right-of-use assets	120,010,835	121,874,096
Total assets	1,592,142,075	1,618,099,344
Current liabilities:
Short-term debt and current portion of long-term debt	152,921,592	102,024,414
Short-term liability related to right-of-use of assets	26,444,015	32,902,237
Accounts payable	169,397,530	174,472,769
Accrued liabilities	60,424,727	56,815,331
Income tax	27,212,889	29,174,066
Other taxes payable	39,926,691	33,887,645
Derivative financial instruments	24,499,284	25,331,346
Related parties	6,037,132	7,224,218
Deferred revenues	26,801,103	27,044,928
Total current liabilities	533,664,963	488,876,954
Non-current liabilities:
Long-term debt	354,122,037	408,565,066
Long-term liability related to right-of-use of assets	105,023,825	101,246,574
Deferred income taxes	24,684,099	30,302,060
Deferred revenues	2,063,337	2,556,103
Asset retirement obligations	10,722,604	10,799,997
Employee benefits	137,317,089	137,923,317
Total non-current liabilities	633,932,991	691,393,117
Total liabilities	1,167,597,954	1,180,270,071
Equity:
Capital stock	95,363,644	95,365,329
Retained earnings:
Prior years	475,671,304	429,324,326
Profit for the period (year)	58,048,606	76,159,391
Total retained earnings	533,719,910	505,483,717
Other comprehensive loss items	(261,573,463)	(227,044,342)
Equity attributable to equity holders of the parent	367,510,091	373,804,704
Non-controlling interests	57,034,030	64,024,569
Total equity	424,544,121	437,829,273
Total liabilities and equity	$ 1,592,142,075	$ 1,618,099,344

XML

Interim Condensed Consolidated Statements of Comprehensive Income - MXN ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	[1]
Operating revenues:
Service revenues	$ 521,859,211	$ 532,404,944
Sales of equipment	93,441,043	96,134,423
Operating revenues	615,300,254	628,539,367
Operating costs and expenses:
Cost of sales and services	237,179,459	245,607,587
Commercial, administrative and general expenses	131,042,690	135,022,670
Other expenses	5,775,031	3,159,198
Depreciation and amortization	115,327,084	118,564,551
Operating costs and expenses	489,324,264	502,354,006
Operating income	125,975,990	126,185,361
Interest income	6,644,562	3,112,308
Interest expense	(32,294,735)	(30,940,340)
Foreign currency exchange gain, net	15,493,685	25,040,727
Valuation of derivatives, interest cost from labor obligations and other financial items, net	(21,312,724)	(23,701,474)
Equity interest in net result of associated companies	(3,731,486)	48,014
Profit before income tax	90,775,292	99,744,596
Income tax	29,112,504	35,657,332
Net profit for the period from continuing operations	61,662,788	64,087,264
Profit after tax for the period from discontinued operations	0	2,671,630
Net profit for the period	61,662,788	66,758,894
Net profit for the period attributable to:
Equity holders of the parent from continuing operations	58,048,606	59,778,075
Equity holders of the parent from discontinued operations	0	2,671,630
Non-controlling interests	3,614,182	4,309,189
Net profit for the period	$ 61,662,788	$ 66,758,894
Basic earnings per share attributable to equity holders of the parent from continuing operations	$ 0.92	$ 0.93
Diluted earnings per share attributable to equity holders of the parent from continuing operations	0.92	0.93
Basic earnings per share attributable to equity holders of the parent from discontinuing operations	0	0.04
Diluted earnings per share attributable to equity holders of the parent from discontinuing operations	$ 0	$ 0.04
Net other comprehensive loss that may be reclassified to profit or loss in subsequent periods:
Effect of translation of foreign entities from continuing operations	$ (27,440,200)	$ (28,965,432)
Effect of translation of foreign entities from discontinued operations	0	(1,750,472)
Items that will not be reclassified to (loss) or profit in subsequent years:
Re-measurement of defined benefit plan, net of deferred taxes	(74,096)	677,362
Unrealized loss on equity investments at fair value, net of deferred taxes	(3,630,663)	(5,699,392)
Total other comprehensive loss items for the period, net of deferred taxes	(31,144,959)	(35,737,934)
Total comprehensive income for the period	30,517,829	31,020,960
Comprehensive income for the period attributable to:
Equity holders of the parent from continuing operations	29,158,213	31,390,828
Non-controlling interests	1,359,616	(369,868)
Total comprehensive income for the period	30,517,829	31,020,960
Comprehensive income for the period:
Net comprehensive income from continuing operations	30,517,829	28,349,330
Net comprehensive income from discontinued operations	0	2,671,630
Total comprehensive income for the period	$ 30,517,829	$ 31,020,960

[1] Restated for discontinued operations.

XML

Interim Condensed Consolidated Statements of Changes in Shareholders' Equity - MXN ($) $ in Thousands	Total		Capital stock [member]	Legal reserve [member]	Retained earnings [member]	Unrealized (loss) gain on equity investment at fair value [member]	Re-measurements of defined benefit plans [member]	Cumulative translation adjustment [member]	Revaluation surplus [member]	Total equity attributable to equity holders of the parent [member]	Non- controlling interests [member]
Beginning balance at Dec. 31, 2021	$ 454,041,726		$ 96,333,432	$ 358,440	$ 447,331,985	$ (6,321,120)	$ (102,507,107)	$ (104,270,295)	$ 58,709,592	$ 389,634,927	$ 64,406,799
Net profit for the period	66,758,894	[1]			62,449,705					62,449,705	4,309,189
Unrealized (loss) gain on equity and debt investments at fair value, net of deferred taxes	(5,699,392)					(5,699,392)				(5,699,392)
Remeasurement of defined benefit plan, net of deferred taxes	677,362	[1]					294,922			294,922	382,440
Translation effect of foreign entities	(28,965,432)						281,815	(22,645,886)	(1,539,864)	(23,903,935)	(5,061,497)
Discontinued operations	(1,750,472)							(1,750,472)		(1,750,472)
Transfer of revaluation surplus, net of deferred taxes					1,871,993				(1,871,993)
Total comprehensive income for the period	31,020,960	[1]			64,321,698	(5,699,392)	576,737	(24,396,358)	(3,411,857)	31,390,828	(369,868)
Dividends declared	(29,927,398)				(28,050,128)					(28,050,128)	(1,877,270)
Repurchase of shares	(20,910,106)		(4,077)		(20,906,029)					(20,910,106)
Recycling of assets revaluation surplus by spin.off, net of deferred taxes	(79,806)				34,827,458				(34,827,458)		(79,806)
Spin-off effects	(2,582,887)		(1,001,572)		(1,581,315)					(2,582,887)
Other acquisitions of non-controlling interests	(6,075)				(3,765)					(3,765)	(2,310)
Ending balance at Sep. 30, 2022	431,556,414		95,327,783	358,440	495,939,904	(12,020,512)	(101,930,370)	(128,666,653)	20,470,277	369,478,869	62,077,545
Beginning balance at Dec. 31, 2022	437,829,273		95,365,329	358,440	505,125,277	(11,028,396)	(107,106,514)	(128,299,347)	19,389,915	373,804,704	64,024,569
Net profit for the period	61,662,788				58,048,606					58,048,606	3,614,182
Unrealized (loss) gain on equity and debt investments at fair value, net of deferred taxes	(3,630,663)					(3,630,663)				(3,630,663)
Remeasurement of defined benefit plan, net of deferred taxes	(74,096)						(41,494)			(41,494)	(32,602)
Translation effect of foreign entities	(27,440,200)						859,720	(25,278,653)	(799,303)	(25,218,236)	(2,221,964)
Transfer of revaluation surplus, net of deferred taxes					727,319				(727,319)
Total comprehensive income for the period	30,517,829				58,775,925	(3,630,663)	818,226	(25,278,653)	(1,526,622)	29,158,213	1,359,616
Dividends declared	(31,011,337)				(29,048,960)					(29,048,960)	(1,962,377)
Repurchase of shares	(7,680,880)		(1,685)		(7,679,195)					(7,680,880)
Transfer of revaluation surplus, net of deferred taxes					4,911,409				(4,911,409)
Other acquisitions of non-controlling interests	(48,626)				(3,015)					(3,015)	(45,611)
Purchase of 6.06% of Telekom Austria AG	(5,062,138)				1,280,029					1,280,029	(6,342,167)
Ending balance at Sep. 30, 2023	$ 424,544,121		$ 95,363,644	$ 358,440	$ 533,361,470	$ (14,659,059)	$ (106,288,288)	$ (153,578,000)	$ 12,951,884	$ 367,510,091	$ 57,034,030

[1] Restated for discontinued operations.

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Interim Condensed Consolidated Statements of Cash Flows - MXN ($) $ in Thousands		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022
Operating activities
Profit before income tax from continuing operations		$ 90,775,292	$ 99,744,595	[1]
Profit before income tax from discontinued operations		0	866,131	[1]
Profit before income tax		90,775,292	100,610,726	[1]
Items not requiring the use of cash:
Depreciation property, plant and equipment and right-of-use assets		101,733,065	105,187,148	[1]
Amortization of intangible and other assets		13,594,019	13,377,403	[1]
Equity interest in net income of associated companies		3,731,486	(48,014)	[1]
(Gain) loss on sale of property, plant and equipment		(5,158,441)	330,915	[1]
Net period cost of labor obligations		12,906,968	11,957,729	[1]
Foreign currency exchange income, net		(20,920,787)	(29,084,682)	[1]
Interest income		(6,644,562)	(3,112,308)	[1]
Interest expense		32,294,735	30,940,340	[1]
Employee profit sharing		3,033,542	2,539,913	[1]
Loss in valuation of derivative financial instruments, capitalized interest expense and other, net	[2]	14,541,481	25,518,357
Gain on net monetary positions		(12,310,470)	(9,930,277)	[1]
Gain on sale of subsidiary		0	(3,587,010)	[1]
Working capital changes:
Subscribers, distributors, recoverable taxes, contract assets and other, net		(23,253,767)	(18,738,127)	[1]
Prepaid expenses		(7,245,160)	(8,011,614)	[1]
Related parties		(295,323)	2,446,683	[1]
Inventories		2,393,247	(9,096,805)	[1]
Other assets		(8,899,335)	(3,197,052)	[1]
Employee benefits		(11,347,115)	(20,691,624)	[1]
Accounts payable and accrued liabilities		7,785,737	(6,348,616)	[1]
Employee profit sharing paid		(3,315,609)	(2,934,290)	[1]
Financial instruments and other		(9,051,611)	(1,444,143)	[1]
Deferred revenues		622,488	5,421,692	[1]
Interest received		3,430,129	2,749,169	[1]
Income taxes paid		(40,667,647)	(39,490,141)	[1]
Cash flows from discontinued operating activities		0	4,006,804	[1]
Net cash flows provided by continuing operating activities		137,732,362	149,372,176	[1]
Investing activities
Purchase of property, plant and equipment		(89,136,571)	(101,368,792)	[1]
Acquisition of intangibles		(11,067,781)	(1,738,197)	[1]
Dividends received		3,884,554	4,682,650	[1]
Proceeds from sale of property, plant and equipment		6,997,431	207,731	[1]
Acquisition of businesses, net of cash acquired		2,543,240	(17,368,908)	[1]
Sale of shares of associated company and dilution of subsidiaries		0	2,829	[1]
Sale of shares		0	4,282,383	[1]
Proceeds from repayment of related party loan		0	46,769,833	[1]
Investments in associated companies		(459,749)	0	[1]
Short-term investments	[3]	(4,273,348)	0
Cash flows from discontinued investing activities		0	(2,164,092)	[1]
Net cash flows used in investing continuing activities		(91,512,224)	(66,694,563)	[1]
Financing activities
Loans obtained		215,954,013	127,348,086	[1]
Repayment of loans		(183,386,854)	(120,911,994)	[1]
Payment of liability related to right-of-use of assets		(29,629,934)	(25,349,068)	[1]
Interest paid		(22,015,178)	(21,332,493)	[1]
Repurchase of shares		(7,688,327)	(20,920,392)	[1]
Dividends paid		(16,274,725)	(29,523,313)	[1]
Acquisition of non-controlling interests		(5,110,764)	(6,076)	[1]
Net cash flows used in financing activities		(48,151,769)	(90,695,250)	[1]
Net decrease in cash and cash equivalents		(1,931,631)	(8,017,637)	[1]
Adjustment to cash flows due to exchange rate fluctuations, net		(3,499,456)	(2,983,425)	[1]
Cash and cash equivalents at beginning of the period		33,700,949	38,679,891	[1]
Cash and cash equivalents at end of the period		28,269,862	27,678,829	[1]
Non-cash transactions related to:
Acquisitions of property, plant and equipment in accounts payable at end period		$ 3,937,648	$ 1,385,988	[1]

[1] Restated for discontinued operations.

[2] As of September 30, 2023. Includes Ps. (8,238,393) related to Impairment to accounts receivable — ClaroVTR and Ps. (4,677,782) related to Impairment to investment — ClaroVTR.

[3] As of September 30, 2023. Includes Ps. 13,762,695 related to the JV’s principal investment, net of cash applied.

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Interim Condensed Consolidated Statements of Cash Flows (Parenthetical) $ in Thousands	9 Months Ended
	Sep. 30, 2023 MXN ($)
Statement [line items]
Payment for Purchase of Short Term Investments	$ 4,273,348	[1]
Claro VTR [Member]
Statement [line items]
Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss, trade and other receivables	(8,238,393)
Impairment loss recognised in profit or loss, investment property	(4,677,782)
JVs principal [Member]
Statement [line items]
Payment for Purchase of Short Term Investments	$ 13,762,695

[1] As of September 30, 2023. Includes Ps. 13,762,695 related to the JV’s principal investment, net of cash applied.

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Description of the Business and Relevant Events

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Description of the Business and Relevant Events

1. Description of the Business and Relevant Events

I. Corporate Information

América Móvil, S.A.B. de C.V. and subsidiaries (hereinafter, the “Company”, “América Móvil”, “AMX”, “we”, “us” and “our”) was incorporated under the laws of Mexico on September 25, 2000. As of September 30, 2023, the Company provides telecommunications services in 22 countries, as well as through a joint venture in Chile, throughout Latin America, the Caribbean and Europe. These telecommunications services include mobile and fixed-line voice services, wireless and fixed data services, internet access and Pay TV, over the top (OTT) and other related services. The Company also sells equipment, accessories and computers.

• Voice services provided by the Company, both wireless and fixed, mainly include the following: airtime, local, domestic and international long- distance services, and network interconnection services.

• Data services include value added, corporate networks, data and Internet services.

• Pay TV represents basic services, as well as pay per view and additional programming and advertising services.

• AMX provides other related services to advertising in telephone directories, publishing and call center services.

• The Company also provides video, audio and other media content that is delivered through the internet directly from the content provider to the end user.

In order to provide these services, América Móvil has licenses, permits and concessions (collectively referred to herein as “licenses”) to build, install, operate and exploit public and/or private telecommunications networks and provide miscellaneous telecommunications services (mostly mobile and fixed voice and data services) and to operate frequency bands in the radio-electric spectrum for point-to-point and point-to-multipoint microwave links. The Company holds licenses in the 22 countries where it has networks, and such licenses have different dates of expiration through 2056.

Licenses in certain countries require payment to the corresponding government of a share of sales determined as a percentage of revenues from services under concession. The percentage is set as either a fixed rate or, in some cases, based on certain size of the infrastructure in operation.

The corporate offices of América Móvil are located in Mexico City, Mexico, at Lago Zurich 245, Colonia Ampliación Granada, Delegación Miguel Hidalgo, 11529, Mexico City, Mexico.

The Company’s unaudited interim condensed consolidated financial statements were approved for their issuance by the Chief Financial Officer on January 16, 2024, and subsequent events have been considered through such date.

II. Relevant events

a. On January 16, 2023, the Company informed that, after extensive dialogue with the Telephone Operators Union of the Mexican Republic, a constructive agreement had been reached regarding retirement conditions (pensions) for newly hired personnel that Teléfonos de México, S.A.B de C.V. (hereinafter, “Telmex”) hires from January 2023.

b. On February 3, 2023 and June 30, 2023, as part of its reorganization plan approved in early 2021, the Company completed the sale of 1,388 and 2,980 telecommunications towers, property of its subsidiaries in the Dominican Republic and Peru, respectively, to Sitios Latinoamerica, S.A.B. de C.V. (hereinafter Sitios Latam), for an amount of Ps. 2,419,568 and 3,950,079, respectively. Therefore, a total of 3,480 towers were transferred.

c. On February 6, 2023, the Company entered into a definitive agreement with Österreichische Beteiligungs AG (“OBAG”), with respect to their participations in Telekom Austria AG which provides a new term of 10 years and ensures AMX leadership and control over Telekom Austria Group. Also, it provides AMX the right to continue to nominate the majority of the Supervisory Board members and to nominate the Chairman and Chief Executive Officer of the Management Board of the Company with decision making vote over all management decisions. As part of the renewal of the Shareholders Agreement, AMX and OBAG have agreed to formally executed the spin-off of the mobile towers in most of the countries in which Telekom Austria operates, including Austria. The implementation of the tower spin-off will not result in changes in the core shareholder structure.

d. On April 27, 2023, the Company’s shareholders approved a repurchase fund of Ps. 20 billion and the payment of an ordinary dividend of    Ps. 0.46 (forty six peso cents) per share to be paid in two installments: in July and November. They also agreed to the cancellation of the treasury shares acquired as part of its repurchase program, and to modify the sixth article of our bylaws to reduce the share capital proportionally to the cancellation of the shares.

e. On June 9, 2023, the Company closed a 500 million-euro, five-year bullet loan for the new Euro Tele Sites, a tower company to be spun-off from Telekom Austria. The loan was provided by a group of six international banks. On July 6, 2023, the same entity launched a 5.25%, 500 million-euro five-year bond. Euro Tele Sites will thus be fully funded at the time of the spin-off.

f. On June 26, 2023, the Company launched the inaugural issue under its new Global Peso Notes program, under which it expects to issue an amount of up to Ps. 130 billion over five years. In its inaugural offering, registered both with the SEC in the U.S. and with the CNBV in Mexico, it placed a long seven-year, Ps. 17 billion, 9.5% sustainable bond—approximately one billion U.S. dollars equivalent—maturing in January 2031.

g. On July 24, 2023, the Company through its subsidiary América Móvil, B.V. acquired shares corresponding to 5.55% of the voting rights in Telekom Austria AG from a private investor. As a consequence of the foregoing, the equity interest of the Company increases in the overall shareholding in Telekom Austria AG from 51% to 56.55%.

h. On September 22, 2023, the Company completed the spin-off of EuroTeleSites AG and listed its shares on the Official Market of the Vienna Stock Exchange. The Telekom Austria AG shareholders received one EuroTeleSites AG share for every four Telekom Austria AG shares they owned. Telekom Austria AG transferred 13 thousand towers in six countries to EuroTeleSites AG, along with a debt worth of one billion euros. EuroTeleSites AG has received a Baa2 rating from Moody’s and BBB- from Fitch. Telekom Austria currently has an A- rating from S&P and Fitch, and a Moody’s Baa1 rating.

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Basis of Preparation of the Unaudited Interim Condensed Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Basis of Preparation of the Unaudited Interim Condensed Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices

2. Basis of Preparation of the Unaudited Interim Condensed Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices

a) Basis of preparation

The accompanying unaudited interim condensed consolidated financial statements as of and for the nine-month period ended September 30, 2023, have been prepared in conformity with International Accounting Standard No. 34, Interim Financial Reporting (“IAS 34”), and using the same accounting policies applied in preparing the Company’s annual consolidated financial statements, except as explained below. The Company has prepared the unaudited interim condensed consolidated financial statements on the basis that it will continue to operate as a going concern. The accompanying interim condensed consolidated statement of financial position as of September 30, 2023, as well as the interim condensed consolidated statements of comprehensive income changes in shareholders’ equity and cash flows for the nine-month periods ended September 30, 2023 and 2022, and their related disclosures included in these notes, are unaudited.

These unaudited interim condensed consolidated financial statements have been prepared using the same accounting policies as those used in the preparation of our annual consolidated financial statements as of December 31, 2022, except for the adoption of new standards and interpretations effective as from January 1, 2023 and the income tax expense that is recognized, according to IAS 34, for each interim period based on the best estimate of the weighted average annual income effective tax rate expected for the full financial year.

These unaudited interim condensed consolidated financial statements do not include all the information and disclosures required in annual consolidated financial statements and should be read in conjunction with the Company’s audited annual consolidated financial statements as of December 31, 2021 and 2022, and for the three-year period ended December 31, 2022, as included in the Company’s annual report on Form 20-F for the year ended December 31, 2022 (the “2022 Form 20-F”).

The preparation of these unaudited interim condensed consolidated financial statements in accordance with IAS 34 requires the use of critical estimates and assumptions that affect the amounts reported for certain assets and liabilities, as well as certain income and expenses. It also requires that management exercise judgment in the application of the Company’s accounting policies.

The Mexican peso is the functional currency of the Company’s Mexican operations and the consolidated reporting currency of the Company.

i) New standards, interpretations and amendments adopted

The accounting policies adopted in the preparation of the unaudited interim condensed consolidated financial statements are consistent with those followed in the preparation of the Company’s annual consolidated financial statements for the year ended December 31, 2022, except for the adoption of new standards effective as of January 1, 2023. The Company has not early adopted any standard, interpretation or amendment that has been issued but is not yet effective.

Several amendments apply for the first time in 2023 but do not have an impact on the unaudited interim condensed consolidated financial statements of the Company:

Definition of Accounting Estimates - Amendments to IAS 8

The amendments to IAS 8 clarify the distinction between changes in accounting estimates, and changes in accounting policies and the correction of errors. They also clarify how entities use measurement techniques and inputs to develop accounting estimates.

The amendments had no impact on the Company’s unaudited interim condensed consolidated financial statements.

Disclosure of Accounting Policies - Amendments to IAS 1 and IFRS Practice Statement 2

The amendments to IAS 1 and IFRS Practice Statement 2 Making Materiality Judgements provide guidance and examples to help entities apply materiality judgements to accounting policy disclosures. The amendments aim to help entities provide accounting policy disclosures that are more useful by replacing the requirement for entities to disclose their ‘significant’ accounting policies with a requirement to disclose their ‘material’ accounting policies and adding guidance on how entities apply the concept of materiality in making decisions about accounting policy disclosures.

The amendments had no impact on the Company’s unaudited interim condensed consolidated financial statements, but are expected to affect the accounting policy disclosures in the Company’s annual consolidated financial statements.

Deferred Tax related to Assets and Liabilities arising from a Single Transaction – Amendments to IAS 12

The amendments to IAS 12 Income Taxes narrow the scope of the initial recognition exception, so that it no longer applies to transactions that give rise to equal taxable and deductible temporary differences such as leases and decommissioning liabilities.

The amendments had no impact on the Company’s unaudited interim condensed consolidated financial statements.

b) Discontinued operations

a) Claro Panama Disposal

In accordance with IFRS 5 Non-current Assets Held For Sale and Discontinued Operations, Claro Panama was classified as discontinued operations for the period presented in these unaudited interim condensed consolidated financial statements; consequently, the results are presented in the profit after tax for the period from discontinued operations in the unaudited interim condensed consolidated statements of comprehensive income. Therefore, the comparative figures in the unaudited interim condensed consolidated statements of comprehensive income have been restated in consequence.

The results of discontinued operations for the period are shown as follows:

	For the nine-month period ended as of September 30, 2022
Operative revenue:
Revenue services	Ps.	1,210,109
Sales of equipment		206,595
		1,416,704
Total costs and expenses		1,403,311
Operating profit		13,393
Financial costs		(39,538	)
Gain on sale of discontinued operations		3,405,014
Profit before income taxes of discontinued operations		3,378,869
Income taxes		—
Net profit of the period of discontinued operations	Ps.	3,378,869

b) Joint Venture

In accordance with IFRS 11 Joint Arrangements, our combined operations with Liberty Latin America, Ltd. (hereinafter, “LLA”) was classified as a joint venture named Claro Chile, SpA (hereinafter, the “JV” or “ClaroVTR”), since both LLA and the Company exercise joint control over ClaroVTR, and all relevant decisions require the consent of both parties. Consequently, in accordance with IFRS 5, ClaroVTR’s operations are classified as discontinued operations for the period that is presented in the unaudited interim condensed consolidated financial information.

As of the date of the accompanying unaudited interim condensed consolidated financial statements, the Company identified impairment indicators due to facts that occurred in 2023 and, the Company recorded an impairment in the value of its investment of Ps. 4,677,782, and it is recognized in the “valuation of derivatives, interest cost from labor obligations and other financial items”, disclosed in the unaudited interim condensed consolidated statements of comprehensive income.

As of the date of the accompanying unaudited interim condensed consolidated financial statements, the contribution of CLP$289.3 billion by the Company permitted the refinancing of certain bank debt guaranteed by the Company existing at the formation of the JV. In addition, the Company has purchased convertible notes from ClaroVTR in an aggregate principal amount of Ps. 13,657,485 (including the amounts used for the refinancing of bank debt), convertible into shares of ClaroVTR. The convertible notes are disclosed as “Equity investments at fair value through OCI and other short-term investments.” Additionally, the Company recorded an impairment related to the operations of ClaroVTR totaling Ps. 8,238,393 on September 30, 2023. This amount is presented in Note 11.

The results of discontinued operations for the period are shown below:

	For the nine-month period ended as of September 30, 2022
Operative revenue:
Revenue services	Ps.	10,500,088
Sales of equipment		2,626,823
		13,126,911
Total costs and expenses		14,954,526
Operating loss		(1,827,615	)
Financial costs		(685,124	)
Loss before income taxes of discontinued operations		(2,512,739	)
Income taxes		(1,805,500	)
Net loss of the period of discontinued operations	Ps.	(707,239)

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Related Parties

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Related Parties

3. Related Parties

a) The following is an analysis of the balances with related parties as of September 30, 2023 and December 31, 2022. All the companies were considered affiliates of América Móvil since the Company or the Company’s principal shareholders are also direct or indirect shareholders in the related parties:

	2023		2022
Accounts receivable:
Sears Roebuck de México, S.A. de C.V. and Subsidiaries	Ps.	219,463	Ps.	260,584
Sitios Latinoamérica, S.A.B. de C.V.		333,600		1,460,897
Sanborns Hermanos, S.A.		73,222		124,157
Patrimonial Inbursa, S.A.		369,658		166,366
Grupo Condumex, S.A. de C.V. and Subsidiaries		27,045		31,857
Telesites, S.A.B. de C.V. and Subsidiaries		100,518		80,677
Claroshop.com, S.A.P.I de C.V.		70,704		31,559
Other		201,240		131,116
Total	Ps.	1,395,450	Ps.	2,287,213

Accounts payable:
Carso Infraestructura y Construcción, S.A. de C.V. and Subsidiaries	Ps.	2,566,413	Ps.	2,836,689
Grupo Condumex, S.A. de C.V. and Subsidiaries		462,891		2,036,371
Sitos Latinoamérica, S.A.B. de C.V.		1,003,640		960,244
Fianzas Guardiana Inbursa, S.A. de C.V.		433,843		437,428
Claroshop.com, S.A.P.I de C.V.		138,549		216,774
Grupo Financiero Inbursa, S.A.B. de C.V.		85,216		102,127
Seguros Inbursa, S.A. de C.V.		334,513		107,389
Cicsa Perú, S.A.C		244,335		256,344
Industrial Afiliada, S.A. de C.V		367,979		103,864
Banco Inbursa, S.A		75,130		20,089
Promotora Inbursa, S.A. de C.V		37,894		15,174
Other		286,729		131,725
Total	Ps.	6,037,132	Ps.	7,224,218

For the periods ended September 30, 2023 and 2022, there were no impairment losses on accounts receivable from related parties.

b) For the nine-month periods ended September 30, 2023 and 2022, the Company conducted the following transactions with related parties:

	2023		2022
Capital expenditures and expenses:
Construction services, purchases of materials, inventories and property, plant and equipment (i)	Ps.	7,437,743	Ps.	9,450,787
Insurance premiums, fees paid for administrative and operating services, brokerage services and others (ii)		3,307,409		2,420,466
Associated costs for towers’ sale(iii)		1,584,080		—
Rent of towers		804,171		312,726
Other services		1,535,383		1,042,218
	Ps.	14,668,786	Ps.	13,226,197
Revenues:
Service revenues	Ps.	630,643	Ps.	547,805
Sales of towers(iv)		7,662,188		—
Sales of equipment		1,118,923		598,162
	Ps.	9,411,754	Ps.	1,145,967

i) In 2023, this amount includes Ps. 5,405,210 (Ps. 7,414,728 in 2022) for network construction services and construction materials purchased from subsidiaries of Grupo Carso, S.A.B. de C.V. (Grupo Carso).

ii) In 2023, this amount includes Ps. 48,564 (Ps. 79,398 in 2022) for network maintenance services performed by Grupo Carso subsidiaries; Ps. 0 in 2023 (Ps. 16,556 in 2022, respectively) for software services provided by an associate, and Ps. 2,734,425 (Ps. 2,272,336 in 2022) for insurance premiums paid mainly by Radiomóvil Dipsa, S.A. de C.V. (hereinafter, “Telcel”) to Seguros Inbursa S.A. and Fianzas Guardiana Inbursa, S.A., which, in turn, places most of such insurance with reinsurers.

iii) In 2023, this amount includes Ps. 789,414 of the cost related to the sales of towers by Compañía Dominicana de Teléfonos, S.A., Ps. 779,231 of the cost related to the sale of towers by América Móvil Perú, S.A.C., and Ps. 15,435 of the cost related to the sale of towers by Telmex.

iv) In 2023, this amount includes Ps. 2,427,897 for sales of towers by Compañía Dominicana de Teléfonos, S.A., Ps. 4,282,291 for sales of towers by América Móvil Perú, S.A.C., and Ps. 952,000 for sale of towers by Telmex.

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Property, Plant and Equipment, Net

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Property, Plant and Equipment, Net

4. Property, Plant and Equipment, net

During the nine-month periods ended September 30, 2023 and 2022, the Company made purchases of plant and equipment (transmission network and other mobile and fixed assets) for an amount represented by net additions of Ps. 89,597,179 and Ps. 99,798,593, respectively. The depreciation of the period is represented by the amount of Ps. 77,925,179 (September 30, 2022: Ps. 87,158,682) and the Company registered a translation effect of foreign entities of Ps. 26,156,932 (September 30, 2022: Ps. 18,829,920).

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Income Taxes

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Income Taxes

5. Income Taxes

As explained elsewhere in these unaudited interim condensed consolidated financial statements, the Company is a Mexican corporation with numerous consolidated subsidiaries operating in other countries.

i) Consolidated income tax matters

The composition of income tax expense for the nine-month period ended September 30, 2023 and 2022 is as follows:

	2023			2022
Current period income tax	Ps.	36,182,909		Ps.	39,557,635
Deferred income tax		(7,070,405	)		(3,900,303	)
Total Income tax	Ps.	29,112,504		Ps.	35,657,332
Income tax attributable to the discontinued operations:
Income tax of foreign discontinued operations. See Note 2 b)	Ps.	—		Ps.	—

Deferred tax related to items recognized in OCI during the nine-month period ended September 30, 2023 and 2022 is as follows:  

	2023		2022
Equity investments at fair value	Ps.	3,714,808	Ps.	7,400,822
Deferred tax benefit recognized in OCI	Ps.	3,714,808	Ps.	7,400,822

In addition, deferred tax of Ps. 2,315,646 and Ps. 16,498,136 was transferred in the first nine months of 2023 and 2022, respectively, from revaluation surplus to retained earnings. This relates to the difference between the actual depreciation and equivalent depreciation based on cost.

Income Tax — Our income tax expense for the first nine months of 2023 was Ps. 29,112,504, as compared with Ps. 35,657,332 for the first nine months of 2022 (without taking into account income tax of discontinued operations - ClaroVTR and Claro Panama disposal). 

a) Decrease in the Effective Rate — The decrease in the effective rate of income taxes (32.07% in the first nine months of 2023, compared to 35.75% in the first nine months of 2022), with respect to the legal rate of 30.0% was mainly due to the inflationary tax effects, and tax benefits in several entities.

b) For year-end of December 31, 2023, the estimated effective rate will be 33.00%.

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Debt

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Debt

6. Debt

a) The Company’s short and long-term debt consists of the following:

As of September 30, 2023			(Thousands of Mexican pesos)
Currency	Loan	Interest rate	Maturity	Total
Senior Notes
U.S. dollars
	Fixed-rate Senior notes (i)	3.625%	2029	Ps.	17,728,700
	Fixed-rate Senior notes (i)	2.875%	2030		17,728,700
	Fixed-rate Senior notes (i)	4.700%	2032		13,296,525
	Fixed-rate Senior notes (i)	6.375%	2035		17,397,705
	Fixed-rate Senior notes (i)	6.125%	2037		6,545,879
	Fixed-rate Senior notes (i)	6.125%	2040		35,377,798
	Fixed-rate Senior notes (i)	4.375%	2042		20,388,005
	Fixed-rate Senior notes (i)	4.375%	2049		22,160,875
	Subtotal U.S. dollars			Ps.	150,624,187
Mexican pesos
	Domestic Senior notes (i)	TIIE + 0.020%	2024	Ps.	1,356,693
	Domestic Senior notes (i)	TIIE + 0.050%	2024		1,920,231
	Fixed-rate Senior notes (i)	7.125%	2024		11,000,000
	Domestic Senior notes (i)	0.000%	2025		5,851,519
	Domestic Senior notes (i)	TIIE + 0.300%	2025		335,731
	Domestic Senior notes (i)	TIIE + 0.300%	2025		73,688
	Domestic Senior notes (i)	9.350%	2028		11,016,086
	Fixed-rate Senior notes (i)	9.500%	2031		17,000,000
	Domestic Senior notes (i)	9.520%	2032		14,679,166
	Fixed-rate Senior notes (i)	8.460%	2036		7,871,700
	Domestic Senior notes (i)	8.360%	2037		4,964,352
	Domestic Senior notes (i)	4.840%	2037		7,308,611
	Subtotal Mexican pesos			Ps.	83,377,777
Euros
	Commercial Paper (iv)	3.830%	2023	Ps.	937,228
	Commercial Paper (iv)	3.830%	2023		749,782
	Commercial Paper (iv)	3.820%	2023		937,228
	Commercial Paper (iv)	3.830%	2023		468,614
	Commercial Paper (iv)	3.830%	2023		468,614
	Commercial Paper (iv)	3.850%	2023		880,994
	Commercial Paper (iv)	3.840%	2023		468,614
	Commercial Paper (iv)	3.850%	2023		468,614
	Commercial Paper (iv)	3.870%	2023		656,059

	Commercial Paper (iv)	3.870%	2023		937,228
	Commercial Paper (iv)	3.950%	2023		937,228
	Commercial Paper (iv)	3.970%	2023		656,059
	Commercial Paper (iv)	3.960%	2023		281,168
	Commercial Paper (iv)	4.030%	2023		937,228
	Commercial Paper (iv)	4.030%	2023		468,614
	Commercial Paper (iv)	4.140%	2023		187,446
	Commercial Paper (iv)	3.950%	2023		937,228
	Commercial Paper (iv)	3.950%	2023		656,059
	Commercial Paper (iv)	4.110%	2024		281,168
	Exchangeable Bond (i)	0.000%	2024		37,856,502
	Fixed-rate Senior notes (i)	1.500%	2024		15,932,871
	Fixed-rate Senior notes (i)	1.500%	2026		14,058,416
	Fixed-rate Senior notes (i)	0.750%	2027		14,167,790
	Fixed-rate Senior notes (i)	2.125%	2028		11,179,440
	Fixed-rate Senior notes (i)	5.250%	2028		9,372,277
	Subtotal euros			Ps.	114,882,469
Pound Sterling
	Fixed-rate Senior notes (i)	5.000%	2026	Ps.	10,813,621
	Fixed-rate Senior notes (i)	5.750%	2030		14,057,707
	Fixed-rate Senior notes (i)	4.948%	2033		6,488,172
	Fixed-rate Senior notes (i)	4.375%	2041		16,220,431
	Subtotal Pound Sterling			Ps.	47,579,931
Brazilian reais
	Promissory Notes (i)	CDI + 1.000%	2023	Ps.	2,832,287
	Debentures (i)	CDI + 1.400%	2024		15,046,524
	Debentures (i)	CDI + 1.370%	2025		5,310,538
	Debentures (i)	CDI + 1.350%	2026		5,310,538
	Subtotal Brazilian reais			Ps.	28,499,887
Other currencies
Japanese yen
	Fixed-rate Senior notes (i)	2.950%	2039	Ps.	1,542,968
	Subtotal Japanese yen			Ps.	1,542,968
Chilean pesos
	Fixed-rate Senior notes (i)	4.000%	2035	Ps.	3,582,591
	Subtotal Chilean pesos			Ps.	3,582,591
	Subtotal other currencies			Ps.	5,125,559
Lines of Credit and others
Euros
	Lines of credit (ii)	Euribor 1M + 1.3% / 4.150% - 5.195%	2023 - 2028	Ps.	12,652,574

Mexican pesos
	Lines of credit (ii)	TIIE + 0.300% - TIIE + 0.780%	2023 - 2024		56,280,000
Peruvian Soles
	Lines of credit (ii)	7.940% - 8.010%	2024		8,021,245
	Subtotal Lines of Credit and others			Ps.	76,953,819
	Total debt			Ps.	507,043,629
	Less: Short-term debt and current portion of long-term debt			Ps.	152,921,592
	Long-term debt			Ps.	354,122,037

As of December 31, 2022			(Thousands of Mexican pesos)
Currency	Loan	Interest rate	Maturity	Total
Senior Notes
U.S. dollars
	Fixed-rate Senior notes (i)	3.625%	2029	Ps.	19,414,300
	Fixed-rate Senior notes (i)	2.875%	2030		19,414,300
	Fixed-rate Senior notes (i)	4.700%	2032		14,560,725
	Fixed-rate Senior notes (i)	6.375%	2035		19,051,835
	Fixed-rate Senior notes (i)	6.125%	2037		7,168,245
	Fixed-rate Senior notes (i)	6.125%	2040		38,741,430
	Fixed-rate Senior notes (i)	4.375%	2042		22,326,445
	Fixed-rate Senior notes (i)	4.375%	2049		24,267,875
	Subtotal U.S. dollars			Ps.	164,945,155
Mexican pesos
	Domestic Senior notes (i)	TIIE + 0.050%	2024	Ps.	1,920,231
	Fixed-rate Senior notes (i)	7.125%	2024		11,000,000
	Domestic Senior notes (i)	0.000%	2025		5,683,928
	Domestic Senior notes (i)	TIIE + 0.300%	2025		335,731
	Domestic Senior notes (i)	9.520%	2032		14,679,166
	Fixed-rate Senior notes (i)	8.460%	2036		7,871,700
	Domestic Senior notes (i)	8.360%	2037		4,964,352
	Domestic Senior notes (i)	4.840%	2037		7,099,289
	Subtotal Mexican pesos			Ps.	53,554,397
Euros
	Commercial Paper (iv)	2.020%	2023	Ps.	519,575
	Commercial Paper (iv)	2.010%	2023		1,039,150

	Commercial Paper (iv)	2.270%	2023		519,575
	Commercial Paper (iv)	2.150%	2023		519,575
	Fixed-rate Senior notes (i)	3.500%	2023		6,234,902
	Fixed-rate Senior notes (i)	3.259%	2023		15,587,256
	Exchangeable Bond (i)	0.000%	2024		43,581,968
	Fixed-rate Senior notes (i)	1.500%	2024		17,665,557
	Fixed-rate Senior notes (i)	1.500%	2026		15,587,256
	Fixed-rate Senior notes (i)	0.750%	2027		15,708,525
	Fixed-rate Senior notes (i)	2.125%	2028		12,395,194
	Subtotal euros			Ps.	129,358,533
Pound Sterling
	Fixed-rate Senior notes (i)	5.000%	2026	Ps.	11,729,149
	Fixed-rate Senior notes (i)	5.750%	2030		15,247,894
	Fixed-rate Senior notes (i)	4.948%	2033		7,037,490
	Fixed-rate Senior notes (i)	4.375%	2041		17,593,724
	Subtotal Pound Sterling			Ps.	51,608,257
Brazilian reais
	Debentures (i)	CDI + 1.350%	2023	Ps.	9,302,135
	Promissory Notes (i)	CDI + 1.000%	2023		2,976,683
	Debentures (i)	CDI + 1.400%	2024		15,813,630
	Debentures (i)	CDI + 1.370%	2025		5,581,281
	Subtotal Brazilian reais			Ps.	33,673,729
Other currencies
Japanese yen
	Fixed-rate Senior notes (i)	2.950%	2039	Ps.	1,924,847
	Subtotal Japanese yen			Ps.	1,924,847
Chilean pesos
	Fixed-rate Senior notes (i)	4.000%	2035	Ps.	3,964,099
	Subtotal Chilean pesos			Ps.	3,964,099
	Subtotal other currencies			Ps.	5,888,946
Lines of Credit and others
U.S. dollars
	Lines of credit (ii)	5.050%	2023	Ps.	491,750
Euros
	Lines of credit (ii)	2.083% - 2.650%	2023 - 2024		17,052,458
Mexican pesos
	Lines of credit (ii)	TIIE + 0.280% - TIIE + 0.580%	2023		43,580,000
Peruvian Soles
	Lines of credit (ii)	6.00%	2023		4,142,056
Colombian pesos
	Lines of credit (ii)	IBR + 2.25%	2023		165,479

Brazilian reais
	Lines of credit (ii)	13.32%	2023		6,105,177
Others
	Lines of credit (ii)	11.00%	2023		23,543
	Subtotal Lines of Credit and others			Ps.	71,560,463
	Total debt			Ps.	510,589,480
	Less: Short-term debt and current portion of long-term debt			Ps.	102,024,414
	Long-term debt			Ps.	408,565,066

L = LIBOR (London Interbank Offered Rate)

TIIE = Mexican Interbank Rate

CDI = Brazil Interbank Deposit Rate

TAB = Chilean weighted average funding rate

IBR = Colombia Reference Bank Indicator

Interest rates on the Company’s debt are subject to fluctuations in international and local rates. The Company’s weighted-average cost of borrowed funds as of December 31, 2022 and September 30, 2023 was approximately 5.38% and 5.98%, respectively.

Such rates do not include commissions or the reimbursements for Mexican tax withholdings (typically a tax rate of 4.9%) that the Company must pay to international lenders.

An analysis of the Company’s short-term debt maturities as of December 31, 2022 and September 30, 2023 is as follows:

	2022			2023
Obligations and Senior Notes	Ps.	36,698,853		Ps.	85,340,050
Lines of credit		65,325,561			67,581,542
Financial leases		—			—
Subtotal short term debt	Ps.	102,024,414		Ps.	152,921,592
Weighted-average interest rate		8.50	%		7.11	%

The Company’s long-term debt maturities are as follows:

Years	Amount
2024	Ps.	12,920,231
2025		11,571,475
2026		30,182,574
2027 and thereafter		299,447,757
Total	Ps.	354,122,037

(i) Senior Notes

The outstanding Senior Notes as of December 31, 2022 and September 30, 2023 are as follows:

Currency*	2022		2023
U.S. dollars	Ps.	164,945,155	Ps.	150,624,187
Mexican pesos		53,554,397		83,377,777
Euros		129,358,533		114,882,469
Pound sterling		51,608,257		47,579,931
Brazilian reais		33,673,729		28,499,887
Japanese yens		1,924,847		1,542,968
Chilean pesos		3,964,099		3,582,591

* Thousands of Mexican pesos

* Includes secured and unsecured senior notes.

On July 21st. the Company saw matured its €750 million, 3.259% bond, with a tenor of ten years.

(ii) Lines of credit

As of December 31, 2022, and September 30, 2023, debt under lines of credit aggregated to Ps. 71,560 million and Ps. 76,954 million, respectively. Telekom Austria closed September 30, 2023 with an aggregated debt of Ps. 12,653 under lines of credit.

The Company has two revolving syndicated credit facilities, one for the Euro equivalent of US$1,500 million and the other for US$2,500 million maturing in 2026 and 2024, respectively. As long as the facilities are committed, a commitment fee is paid. As of September 30, 2023, these credit facilities are undrawn. Telekom Austria has an undrawn revolving syndicated credit facility in Euros for €1,000 million that matures in 2026.

(iv) Commercial Paper

In August 2020, we established a new Euro-Commercial Paper program for a total amount of €2,000 million. As of September 30, 2023, debt under this program aggregated to Ps. 12,315 million.

Restrictions

A portion of the debt is subject to certain restrictions with respect to maintaining certain financial ratios, as well as restrictions on selling a significant portion of groups of assets, among others. As of September 30, 2023, the Company was in compliance with all these requirements.

A portion of the debt is also subject to early maturity or repurchase at the option of the holders in the event of a change in control of the Company, as defined in each instrument. The definition of change in control varies from instrument to instrument; however, no change in control shall be considered to have occurred as long as its current shareholders continue to hold the majority of the Company’s voting shares.

Covenants

In conformity with the credit agreements, the Company is obliged to comply with certain financial and operating commitments. Such covenants limit in certain cases, the ability of the Company or the guarantor to: pledge assets, carry out certain types of mergers, sell all or substantially all of its assets, and sell control of Telcel.

Such covenants do not restrict the ability of AMX’s subsidiaries to pay dividends or other payment distributions to AMX. The more restrictive financial covenants require the Company to maintain a consolidated ratio of debt to EBITDA (defined as operating income plus depreciation and amortization) that does not exceed 4 to 1, and a consolidated ratio of EBITDA to interest paid that is not below 2.5 to 1 (in accordance with the clauses included in the credit agreements).

Several of the financing instruments of the Company may be accelerated, at the option of the debt holder in the case that a change in control occurs.

As of September 30, 2023, the Company was in compliance with all the covenants.

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Contingencies

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Contingencies

7. Contingencies

Included in Note 17 on pages F-68 to F-70 of the Company’s 2022 Form 20-F is a disclosure of material contingencies outstanding as of December 31, 2022. As of September 30, 2023, there has not been any material change in the status of those contingencies.

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Financial Assets and Liabilities

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Financial Assets and Liabilities

8. Financial Assets and Liabilities

Set out below is the categorization of the financial instruments, excluding cash and cash equivalents, held by the Company as of September 30, 2023 and December 31, 2022:

	September 30, 2023
	Loans and Receivables		Fair value through profit or loss		Fair value through OCI
Financial Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	5,889,985	Ps.	—	Ps.	68,627,966
Accounts receivable from subscribers, distributors, contractual assets and other		163,010,399		—		—
Related parties		1,395,450		—		—
Derivative financial instruments		—		1,779,953		—
Total current assets		170,295,834		1,779,953		68,627,966
Debt instruments at fair value through OCI		—		—		14,510,542
Total	Ps.	170,295,834	Ps.	1,779,953	Ps.	83,138,508
Financial Liabilities:
Debt	Ps.	507,043,629	Ps.	—	Ps.	—
Liability related to right-of-use of assets		131,467,840		—		—
Accounts payable		169,397,530		—		—
Related parties		6,037,132		—		—
Derivative financial instruments		—		24,499,284		—
Total	Ps.	813,946,131	Ps.	24,499,284	Ps.	—

	December 31, 2022
	Loans and Receivables		Fair value through profit or loss		Fair value through OCI
Financial Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	—	Ps.	—	Ps.	88,428,111
Accounts receivable from subscribers, distributors, contractual assets and other		161,201,512		—		—
Related parties		2,287,213		—		—
Derivative financial instruments		—		2,602,680		—
Total current assets		163,488,725		2,602,680		88,428,111
Debt instruments at fair value through OCI		—		—		6,981,149
Total	Ps.	163,488,725	Ps.	2,602,680	Ps.	95,409,260
Financial Liabilities:
Debt	Ps.	510,589,480	Ps.	—	Ps.	—
Liability related to right-of-use of assets		134,148,811		—		—
Accounts payable		174,472,769		—		—
Related parties		7,224,218		—		—
Derivative financial instruments		—		25,331,346		—
Total	Ps.	826,435,278	Ps.	25,331,346	Ps.	—

Fair value hierarchy

The Company’s valuation techniques used to determine and disclose the fair value of its financial instruments are based on the following hierarchy:

Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities;

Level 2: Variables other than quoted prices in Level 1 that are observable for the asset or liability, either directly (prices) or indirectly (derived from prices); and

Level 3: Variables used for the asset or liability that are not based on any observable market data (non-observable variables).

The fair value for the financial assets (excluding cash and cash equivalents) and financial liabilities shown in the interim condensed consolidated statements of financial position at September 30, 2023 and December 31, 2022 is as follow:

	Measurement of fair value at September 30, 2023
	Level 1		Level 2		Level 3		Total
Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	68,627,966	Ps.	—		Ps.5,889,985		Ps.74,517,951
Derivative financial instruments		—		1,779,953		—		1,779,953
Revalued of assets		—		—		27,812,945		27,812,945
Pension plan assets		191,871,841		14,298,222		35,860		206,205,923
Total current assets		260,499,807		16,078,175		33,738,790		310,316,772
Debt instruments at fair value through OCI		5,032,597		9,477,945		—		14,510,542
Total	Ps.	265,532,404	Ps.	25,556,120	Ps.	33,738,790	Ps.	324,827,314
Liabilities:
Debt	Ps.	349,654,882	Ps.	127,557,171	Ps.	—	Ps.	477,212,053
Liability related to right-of-use of assets		131,467,840		—		—		131,467,840
Derivative financial instruments		—		24,499,284		—		24,499,284
Total	Ps.	481,122,722	Ps.	152,056,455	Ps.	—	Ps.	633,179,177

	Measurement of fair value at December 31, 2022
	Level 1		Level 2		Level 3		Total
Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	88,428,111	Ps.	—	Ps.	—	Ps.	88,428,111
Derivative financial instruments		—		2,602,680		—		2,602,680
Revalued of assets		—		—		38,353,719		38,353,719
Pension plan assets		192,829,688		15,657,661		39,270		208,526,619
Total current assets		281,257,799		18,260,341		38,392,989		337,911,129
Debt instruments at fair value through OCI		—		6,981,149		—		6,981,149
Total	Ps.	281,257,799	Ps.	25,241,490	Ps.	38,392,989	Ps.	344,892,278
Liabilities:
Debt	Ps.	371,709,395	Ps.	116,848,635	Ps.	—	Ps.	488,558,030
Liability related to right-of-use of assets		134,148,811		—		—		134,148,811
Derivative financial instruments		—		25,331,346		—		25,331,346
Total	Ps.	505,858,206	Ps.	142,179,981	Ps.	—	Ps.	648,038,187

Fair value of derivative financial instruments is valued using valuation techniques with market observable inputs. To determine its Level 2 fair value, the Company applies different valuation techniques including forward pricing and swaps models, using present value calculations. The models incorporate various inputs including credit quality of counterparties, foreign exchange spot and forward rates and interest rate curves. Fair value of debt Level 2 has been determined using a model based on present value calculation incorporating credit quality of AMX. The fair value of VTR bonds in AMX B.V. as debt instruments at fair value through OCI, were classified as Level 1 as they are listed on the regulated market. The Company’s investment in equity investments at fair value, specifically the investment in KPN N.V.and Verizon, is valued using the quoted prices (unadjusted) in active markets for identical assets. The net realized loss related to derivative financial instruments for the nine-months period ended September 30, 2023 and 2022 was Ps. (9,051,611) and Ps. (1,444,143) respectively.

The fair value of the asset revaluation was calculated using valuation techniques, using observable market data and internal information on transactions carried out with independent third parties. To determine fair value, we use level 2 and 3 information, the Company used inputs such as average rents, contract term and discount rates for discounted flow modeling techniques; in the case of discount rates, we use level 2 data where the information is public and is found in recognized databases, such as country risks, inflation, etc. In the case of average rents and contract terms, we use level 3 data, where the information is mainly internal based on lease contracts entered into with independent third parties.

For the nine-months period ended September 30, 2023, and 2022, no transfers were made between Level 1, Level 2 and Level 3 fair value measurement hierarchies.

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Shareholders' Equity

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Shareholders' Equity

9. Shareholders’ Equity

a) Pursuant to the Company’s bylaws, the capital stock of the Company consisted as of September 30, 2023 of a minimum fixed portion of Ps. 238,749 (nominal amount), represented by a total of 63,220’260,000 shares (including treasury shares available for placement in accordance with the provisions of the Mexican Securities Market Law) (Ley del Mercado de Valores), all of them “B” shares.

b) As of September 30, 2023 and December 31, 2022, the Company’s capital stock was represented by 62,879’000,000 outstanding “B” shares and 63,325,000,000 shares (20,554,697,460 “AA” shares, 488,283,894 “A” shares and 42,282,018,646 “L” shares), respectively, not including treasury shares.

c) As of September 30, 2023 and December 31, 2022, the Company’s treasury held for placement in accordance with the provisions of the Mexican Securities Market Law (Ley del Mercado de Valores ) and the Mexican General Regulations applicable to Securities Issuers (Disposiciones de carácter general aplicables a las Emisoras de Valores y a otros participantes del Mercado de Valores) issued by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores), a total amount of 341’260,000 shares all Series “B”; and 56,000,000 shares all of them Series “L”, respectively all acquired pursuant to the Company’s share repurchase program.

d) Company’s “B” shares are registered common and no-par value shares with full voting rights.

Dividends

On April 27, 2023, the Company’s shareholders approved, among other resolutions, the payment of a dividend of Ps. 0.46 (forty-six peso cents) per share to each of the shares of its capital stock. It was approved, that such dividend would be paid in two installments of Ps. 0.23 (twenty three peso cents) each, on July 17 and November 13, 2023 respectively. As of the date of the accompanying unaudited interim condensed consolidated financial statements, the first disbursement was paid.

On April 20, 2022, the Company’s shareholders approved, among other resolutions, the payment of a dividend of Ps. 0.44 (forty-four peso cents) per share to each of the shares series of its capital stock “AA”, “A” and “L”. It was approved, that such dividend would be paid in one installment, on August 29, 2022.

Legal Reserve

According to the General Corporations Law (Ley General de Sociedades Mercantiles), companies must allocate from the net profit of each year, at least 5% to increase the legal reserve until it reaches 20% of its capital stock. This reserve may not be distributed to shareholders during the existence of the Company, except as a stock dividend. As of September 30, 2023 and December 31, 2022, the legal reserve amounted to Ps. 358,440.

Restrictions on Certain Transactions

Pursuant to the Company’s bylaws any transfer of more than 10% of the full voting shares, effected in one or more transactions by any person or group of persons acting in concert, requires prior approval by our Board of Directors. However, if the Board of Directors denies such approval, the Company’s bylaws require it to designate an alternate transferee, who must pay market price for the shares as quoted on the Bolsa Mexicana de Valores, S.A.B. de C.V.

Payment of Dividends

Dividends, either in cash or in kind, paid with respect to the “B” shares or “B” share ADSs will generally be subject to a 10% Mexican withholding tax (provided that no Mexican withholding tax will apply to distributions of net taxable profits generated before 2014). Non-resident holders could be subject to a lower tax rate, to the extent that they are eligible for benefits under an income tax treaty to which Mexico is a party.

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Components of other comprehensive loss

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Components of other comprehensive loss

10. Components of other comprehensive loss

The movement on the components of the other comprehensive income for the nine-month periods ended September 30, 2023 and 2022 is as follows:

	2023			2022
Controlling interest:
Unrealized loss on equity investments at fair value, net of deferred taxes	Ps.	(3,630,663	)	Ps.	(5,699,392	)
Translation effect of foreign entities		(25,259,730	)		(23,903,935	)
Translation effect by discontinued operations		—			(1,750,472	)
Remeasurement of defined benefit plan, net of deferred taxes		—			294,922
Non-controlling interest of the items above		(2,254,566	)		(4,679,057	)
Other comprehensive loss	Ps.	(31,144,959	)	Ps.	(35,737,934	)

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Valuation of derivatives, interest cost from labor obligations and other financial items, net

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Valuation of derivatives, interest cost from labor obligations and other financial items, net

11. Valuation of derivatives, interest cost from labor obligations and other financial items, net

For the nine-month periods ended September 30, 2023 and 2022, valuation of derivatives and other financial items was as follows:

	2023			2022
Loss in valuation of derivatives, net	Ps.	(14,583,677	)	Ps.	(33,682,405	)
Capitalized interest income		998,616			1,149,241
Commissions		(854,342	)		(770,028	)
Interest cost of labor obligations		(10,373,166	)		(9,287,660	)
Dividend received		3,884,554			5,433,823
Gain on net monetary positions		12,310,469			9,773,317
Contractual earn-out Verizon		1,345,103			2,298,533
Impairment to accounts receivable – ClaroVTR		(8,238,393	)		—
Impairment to investment – ClaroVTR		(4,677,782	)		—
TracFone contractual compensation		(647,013	)		—
DISH uncollectible allowance		(613,515	)		—
Dividend prescription America Movil		—			885,877
Other financial cost(i)		136,422			497,828
Total	Ps.	(21,312,724	)	Ps.	(23,701,474	)

(i)  Excludes discontinued operations of Chile and Panama (See Note 2b)

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Segments

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Segments

12. Segments

América Móvil operates in different countries. As mentioned in Note 1, the Company has operations in 22 countries, including Mexico, Guatemala, Nicaragua, Ecuador, El Salvador, Costa Rica, Brazil, Argentina, Colombia, Honduras, Peru, Paraguay, Uruguay, the Dominican Republic, Puerto Rico, Austria, Croatia, Bulgaria, Belarus, Macedonia, Serbia and Slovenia. The accounting policies for the segments are the same as those described in Note 2.

The Chief Executive Officer, who is the Chief Operating Decision Maker (“CODM”), analyzes the financial and operating information by operating segment. All operating segments that (i) represent more than 10% of consolidated revenues, (ii) more than the absolute amount of its reported 10% of profits before income tax or (iii) more than 10% of consolidated assets, are presented separately.

The Company presents the following reportable segments for the purposes of its unaudited interim condensed consolidated financial statements: Mexico (includes Telcel and Corporate operations and assets), Telmex (Mexico), Brazil, Southern Cone (includes Argentina, Paraguay and Uruguay), Colombia, Andean (includes Ecuador and Peru), Central America (includes Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica), Caribbean (includes the Dominican Republic and Puerto Rico), and Europe (includes Austria, Bulgaria, Croatia, Belarus, Slovenia, Macedonia and Serbia).

The segment Southern Cone comprises mobile communication services in Argentina as well as Paraguay and Uruguay. Beginning in 2018, hyperinflation accounting in accordance with IAS 29 was initially applied to Argentina, which results in the restatement of non-monetary assets, liabilities and all items of the statement of comprehensive income for the change in a general price index and the translation of these items applying the period-end exchange rate.

The Company considers that the quantitative and qualitative aspects of any aggregated operating segments (that is, Central America and Caribbean reportable segments) are similar in nature for all periods presented. In evaluating the appropriateness of aggregating operating segments, the key indicators considered included but were not limited to: (i) the similarity of key financial statements measures and trends, (ii) all entities provide telecommunications services, (iii) similarities of customer base and services, (iv) the methods to distribute services are the same, based on telephone plant in both cases, wireless and fixed lines, (v) similarities of governments and regulatory entities that oversee the activities and services of telecom companies, (vi) inflation trends and (vii) currency trends.

	Mexico			Telmex			Brazil			(1) Southern Cone			Colombia		Andean		(2) Central America			Caribbean		Europe			Eliminations			Consolidated total
For the nine-months period ended September 30, 2023 (in Ps.):
External revenues		183,326,820			63,385,410			120,643,031			25,589,086			45,573,769		40,784,677		32,815,550			28,317,264		74,864,647			—			615,300,254
Intersegment revenues		7,282,073			12,447,157			3,342,344			37,453			246,029		50,594		73,754			899,205		—			(24,378,609	)		—
Total revenues		190,608,893			75,832,567			123,985,375			25,626,539			45,819,798		40,835,271		32,889,304			29,216,469		74,864,647			(24,378,609	)		615,300,254
Depreciation and amortization		19,854,926			10,661,824			32,948,124			7,138,235			9,687,040		7,705,756		7,774,150			5,272,622		15,611,301			(1,326,894	)		115,327,084
Operating income		62,193,205			9,478,594			18,413,105			836,693			7,317,594		8,582,308		4,826,064			6,309,274		12,140,762			(4,121,609	)		125,975,990
Interest income		19,632,757			1,090,456			3,318,180			486,484			645,925		1,620,722		466,514			1,147,198		307,387			(22,071,061	)		6,644,562
Interest expense		20,369,944			5,442,770			19,273,742			1,474,895			2,489,576		1,222,209		933,496			1,229,509		1,432,444			(21,573,850	)		32,294,735
Income tax		22,039,911			(145,184	)		654,368			(2,325,567	)		835,905		3,330,258		1,314,679			1,535,248		2,300,165			(427,279	)		29,112,504
Equity interest in net income (loss) of associated companies		(3,797,172	)		28,384			24,249			(2,815	)		—		—		(645	)		—		16,513			—			(3,731,486	)
Net profit (loss) attributable to equity holders of the parent		28,946,397			(4,035,727	)		4,346,285			(143,764	)		3,180,166		6,476,390		3,191,646			4,365,631		8,535,407			3,186,175			58,048,606
Assets by segment		1,030,522,792			237,903,064			388,792,356			81,116,527			114,451,892		92,960,971		90,174,355			103,282,962		147,490,187			(694,553,031	)		1,592,142,075
Plant, property and equipment, net		46,104,250			145,781,937			152,498,377			39,540,047			49,660,991		29,654,941		40,204,241			36,373,908		67,032,522			(1,075,916	)		605,775,298
Revalued of assets		—			—			—			—			7,990,278		—		—			—		19,822,667			—			27,812,945
Goodwill		26,450,092			215,381			29,800,253			201,265			9,134,535		4,620,773		6,290,086			14,186,723		55,694,728			—			146,593,836
Trademarks, net		109,232			95,212			1,221			—			—		570		—			199,664		2,326,510			—			2,732,409
Licenses and rights, net		10,751,301			98,630			33,300,938			12,018,537			8,156,321		3,339,628		4,967,979			9,112,039		18,736,696			—			100,482,069
Investment in associated companies		21,458,537			574,192			49,427			(12,872	)		—		—		21,139			—		18,463			(6,098,146	)		16,010,740
Liabilities by segments		651,378,535			230,678,142			322,742,258			46,077,687			58,557,943		40,753,768		34,556,739			49,060,210		92,192,262			(358,399,590	)		1,167,597,954
For the nine-months period ended September 30, 2022 (in Ps.):
External revenues		173,172,999			59,941,741			123,960,091			31,364,649			55,577,412		40,900,522		35,271,222			29,352,658		78,998,073			—			628,539,367
Intersegment revenues		6,693,842			12,078,536			2,517,238			(76,302	)		284,947		56,598		131,015			1,465,986		—			(23,151,860	)		—
Total revenues		179,866,841			72,020,277			126,477,329			31,288,347			55,862,359		40,957,120		35,402,237			30,818,644		78,998,073			(23,151,860	)		628,539,367
Depreciation and amortization		19,630,572			9,815,473			32,355,992			7,573,737			10,016,934		7,973,246		8,217,529			5,357,477		17,256,032			367,559			118,564,551
Operating income		56,239,177			9,804,633			18,586,084			2,662,681			11,232,978		5,750,496		6,760,634			6,657,361		12,976,982			(4,485,665	)		126,185,361
Interest income		13,450,786			555,563			1,713,993			612,437			504,971		633,511		274,680			406,424		156,211			(15,196,268	)		3,112,308
Interest expense		18,595,453			2,043,815			17,643,103			2,199,390			1,969,055		702,871		811,202			754,293		979,499			(14,758,341	)		30,940,340
Income tax		21,757,834			1,730,732			(107,876	)		1,532,415			2,250,229		1,775,276		1,808,111			2,279,688		2,573,925			56,998			35,657,332
Equity interest in net income (loss) of associated companies		34,540			22,459			10,642			(528	)		—		—		—			—		(19,099	)		—			48,014
Net profit (loss) attributable to equity holders of the parent continues operations		53,728,501			(1,981,977	)		4,110,728			848,256			5,057,140		4,290,589		4,283,706			3,727,793		9,529,969			(23,816,630	)		59,778,075
Net profit attributable to equity holders of the parent discontinued operations		—			—			—			—			—		—		—			—		—			—			2,671,630
Net profit (loss) attributable to equity holders of the parent		53,728,501			(1,981,977	)		4,110,728			848,256			5,057,140		4,290,589		4,283,706			3,727,793		9,529,969			(23,816,630	)		62,449,705
Assets by segment		1,050,721,746			208,717,113			401,470,870			133,019,538			105,867,593		83,344,448		85,906,325			102,864,039		149,230,066			(690,838,170	)		1,630,303,568
Plant, property and equipment, net		49,659,959			128,057,776			156,556,259			62,710,762			46,760,727		32,923,637		38,481,018			42,377,462		68,193,484			(982,743	)		624,738,341
Revalued of assets		—			—			—			—			8,647,734		6,691,780		—			1,592,140		22,726,516			—			39,658,170
Goodwill		23,296,674			215,381			31,068,497			2,295,155			12,742,478		4,680,898		6,323,205			14,186,723		48,521,317			—			143,330,328
Trademarks, net		106,771			126,442			—			—			—		—		—			241,987		2,448,987			—			2,924,187
Licenses and rights, net		10,870,850			112,302			37,967,828			15,372,115			9,134,619		4,593,871		3,803,556			10,773,291		20,292,186			—			112,920,618
Investment in associated companies		3,750,083			544,058			86,784			(22,937	)		—		—		24,894			—		21,536			(1,262,240	)		3,142,178
Liabilities by segments		633,866,917			190,971,198			294,931,188			73,669,413			55,487,418		35,050,731		31,004,610			53,039,683		95,495,024			(264,769,028	)		1,198,747,154

(1)  Restated for discontinued operations for the nine-month period ended September 30, 2022 ClaroVTR.

(2)  Restated for discontinued operations for the nine-month period ended September 30, 2022 (Panama disposal).

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Subsequent Events

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Subsequent Events

13. Subsequent events

a) On November 29, 2023, the Company through its subsidiary América Móvil, B.V. has increased its overall shareholding in Telekom Austria AG to 58% of Telekom Austria’s total outstanding shares, through a series of open market transactions.

b) On December 26, 2023, the Company entered into a Transaction Agreement with Liberty Latin America Ltd. (“LLA”); its JV, ClaroVTR and certain affiliates of the Company and LLA, which consists of providing additional capital required by ClaroVTR during the calendar year 2023 and through June 30, 2024 in an aggregate amount not to exceed CLP$972.4 billion, either collectively in proportion to their respective shareholding percentage interest or individually. 

Furthermore, the Company or LLA may exercise a catch-up right on or before August 1, 2024, to cure any failure by the Company or LLA to fund its respective portion of such commitment in order to continue ClaroVTR as a 50:50 joint venture. Upon the conversion of the convertible notes of ClaroVTR purchased by the Company and any additional convertible notes purchased by the Company on or prior to August 1, 2024, ClaroVTR may no longer be a 50:50 joint venture if LLA does not exercise its catch-up right pursuant to the joint venture agreement.

 

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Basis of Preparation of the Unaudited Interim Condensed Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices (Policies)

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Basis of preparation

a) Basis of preparation

The accompanying unaudited interim condensed consolidated financial statements as of and for the nine-month period ended September 30, 2023, have been prepared in conformity with International Accounting Standard No. 34, Interim Financial Reporting (“IAS 34”), and using the same accounting policies applied in preparing the Company’s annual consolidated financial statements, except as explained below. The Company has prepared the unaudited interim condensed consolidated financial statements on the basis that it will continue to operate as a going concern. The accompanying interim condensed consolidated statement of financial position as of September 30, 2023, as well as the interim condensed consolidated statements of comprehensive income changes in shareholders’ equity and cash flows for the nine-month periods ended September 30, 2023 and 2022, and their related disclosures included in these notes, are unaudited.

These unaudited interim condensed consolidated financial statements have been prepared using the same accounting policies as those used in the preparation of our annual consolidated financial statements as of December 31, 2022, except for the adoption of new standards and interpretations effective as from January 1, 2023 and the income tax expense that is recognized, according to IAS 34, for each interim period based on the best estimate of the weighted average annual income effective tax rate expected for the full financial year.

These unaudited interim condensed consolidated financial statements do not include all the information and disclosures required in annual consolidated financial statements and should be read in conjunction with the Company’s audited annual consolidated financial statements as of December 31, 2021 and 2022, and for the three-year period ended December 31, 2022, as included in the Company’s annual report on Form 20-F for the year ended December 31, 2022 (the “2022 Form 20-F”).

The preparation of these unaudited interim condensed consolidated financial statements in accordance with IAS 34 requires the use of critical estimates and assumptions that affect the amounts reported for certain assets and liabilities, as well as certain income and expenses. It also requires that management exercise judgment in the application of the Company’s accounting policies.

The Mexican peso is the functional currency of the Company’s Mexican operations and the consolidated reporting currency of the Company.

i) New standards, interpretations and amendments adopted

The accounting policies adopted in the preparation of the unaudited interim condensed consolidated financial statements are consistent with those followed in the preparation of the Company’s annual consolidated financial statements for the year ended December 31, 2022, except for the adoption of new standards effective as of January 1, 2023. The Company has not early adopted any standard, interpretation or amendment that has been issued but is not yet effective.

Several amendments apply for the first time in 2023 but do not have an impact on the unaudited interim condensed consolidated financial statements of the Company:

Definition of Accounting Estimates - Amendments to IAS 8

The amendments to IAS 8 clarify the distinction between changes in accounting estimates, and changes in accounting policies and the correction of errors. They also clarify how entities use measurement techniques and inputs to develop accounting estimates.

The amendments had no impact on the Company’s unaudited interim condensed consolidated financial statements.

Disclosure of Accounting Policies - Amendments to IAS 1 and IFRS Practice Statement 2

The amendments to IAS 1 and IFRS Practice Statement 2 Making Materiality Judgements provide guidance and examples to help entities apply materiality judgements to accounting policy disclosures. The amendments aim to help entities provide accounting policy disclosures that are more useful by replacing the requirement for entities to disclose their ‘significant’ accounting policies with a requirement to disclose their ‘material’ accounting policies and adding guidance on how entities apply the concept of materiality in making decisions about accounting policy disclosures.

The amendments had no impact on the Company’s unaudited interim condensed consolidated financial statements, but are expected to affect the accounting policy disclosures in the Company’s annual consolidated financial statements.

Deferred Tax related to Assets and Liabilities arising from a Single Transaction – Amendments to IAS 12

The amendments to IAS 12 Income Taxes narrow the scope of the initial recognition exception, so that it no longer applies to transactions that give rise to equal taxable and deductible temporary differences such as leases and decommissioning liabilities.

The amendments had no impact on the Company’s unaudited interim condensed consolidated financial statements.

Discontinued operations

b) Discontinued operations

a) Claro Panama Disposal

In accordance with IFRS 5 Non-current Assets Held For Sale and Discontinued Operations, Claro Panama was classified as discontinued operations for the period presented in these unaudited interim condensed consolidated financial statements; consequently, the results are presented in the profit after tax for the period from discontinued operations in the unaudited interim condensed consolidated statements of comprehensive income. Therefore, the comparative figures in the unaudited interim condensed consolidated statements of comprehensive income have been restated in consequence.

The results of discontinued operations for the period are shown as follows:

	For the nine-month period ended as of September 30, 2022
Operative revenue:
Revenue services	Ps.	1,210,109
Sales of equipment		206,595
		1,416,704
Total costs and expenses		1,403,311
Operating profit		13,393
Financial costs		(39,538	)
Gain on sale of discontinued operations		3,405,014
Profit before income taxes of discontinued operations		3,378,869
Income taxes		—
Net profit of the period of discontinued operations	Ps.	3,378,869

b) Joint Venture

In accordance with IFRS 11 Joint Arrangements, our combined operations with Liberty Latin America, Ltd. (hereinafter, “LLA”) was classified as a joint venture named Claro Chile, SpA (hereinafter, the “JV” or “ClaroVTR”), since both LLA and the Company exercise joint control over ClaroVTR, and all relevant decisions require the consent of both parties. Consequently, in accordance with IFRS 5, ClaroVTR’s operations are classified as discontinued operations for the period that is presented in the unaudited interim condensed consolidated financial information.

As of the date of the accompanying unaudited interim condensed consolidated financial statements, the Company identified impairment indicators due to facts that occurred in 2023 and, the Company recorded an impairment in the value of its investment of Ps. 4,677,782, and it is recognized in the “valuation of derivatives, interest cost from labor obligations and other financial items”, disclosed in the unaudited interim condensed consolidated statements of comprehensive income.

As of the date of the accompanying unaudited interim condensed consolidated financial statements, the contribution of CLP$289.3 billion by the Company permitted the refinancing of certain bank debt guaranteed by the Company existing at the formation of the JV. In addition, the Company has purchased convertible notes from ClaroVTR in an aggregate principal amount of Ps. 13,657,485 (including the amounts used for the refinancing of bank debt), convertible into shares of ClaroVTR. The convertible notes are disclosed as “Equity investments at fair value through OCI and other short-term investments.” Additionally, the Company recorded an impairment related to the operations of ClaroVTR totaling Ps. 8,238,393 on September 30, 2023. This amount is presented in Note 11.

The results of discontinued operations for the period are shown below:

	For the nine-month period ended as of September 30, 2022
Operative revenue:
Revenue services	Ps.	10,500,088
Sales of equipment		2,626,823
		13,126,911
Total costs and expenses		14,954,526
Operating loss		(1,827,615	)
Financial costs		(685,124	)
Loss before income taxes of discontinued operations		(2,512,739	)
Income taxes		(1,805,500	)
Net loss of the period of discontinued operations	Ps.	(707,239)

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Basis of Preparation of the Unaudited Interim Condensed Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices (Tables)

9 Months Ended

Sep. 30, 2023

Disclosure of subsidiaries [line items]

Summary of Net profit for the year from discontinued operations

The results of discontinued operations for the period are shown as follows:

	For the nine-month period ended as of September 30, 2022
Operative revenue:
Revenue services	Ps.	1,210,109
Sales of equipment		206,595
		1,416,704
Total costs and expenses		1,403,311
Operating profit		13,393
Financial costs		(39,538	)
Gain on sale of discontinued operations		3,405,014
Profit before income taxes of discontinued operations		3,378,869
Income taxes		—
Net profit of the period of discontinued operations	Ps.	3,378,869

Joint ventures [member]

Disclosure of subsidiaries [line items]

Summary of Net profit for the year from discontinued operations

The results of discontinued operations for the period are shown below:

	For the nine-month period ended as of September 30, 2022
Operative revenue:
Revenue services	Ps.	10,500,088
Sales of equipment		2,626,823
		13,126,911
Total costs and expenses		14,954,526
Operating loss		(1,827,615	)
Financial costs		(685,124	)
Loss before income taxes of discontinued operations		(2,512,739	)
Income taxes		(1,805,500	)
Net loss of the period of discontinued operations	Ps.	(707,239)

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Related Parties (Tables)

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Summary of Analysis of the Balances with Related Parties

a) The following is an analysis of the balances with related parties as of September 30, 2023 and December 31, 2022. All the companies were considered affiliates of América Móvil since the Company or the Company’s principal shareholders are also direct or indirect shareholders in the related parties:

	2023		2022
Accounts receivable:
Sears Roebuck de México, S.A. de C.V. and Subsidiaries	Ps.	219,463	Ps.	260,584
Sitios Latinoamérica, S.A.B. de C.V.		333,600		1,460,897
Sanborns Hermanos, S.A.		73,222		124,157
Patrimonial Inbursa, S.A.		369,658		166,366
Grupo Condumex, S.A. de C.V. and Subsidiaries		27,045		31,857
Telesites, S.A.B. de C.V. and Subsidiaries		100,518		80,677
Claroshop.com, S.A.P.I de C.V.		70,704		31,559
Other		201,240		131,116
Total	Ps.	1,395,450	Ps.	2,287,213

Accounts payable:
Carso Infraestructura y Construcción, S.A. de C.V. and Subsidiaries	Ps.	2,566,413	Ps.	2,836,689
Grupo Condumex, S.A. de C.V. and Subsidiaries		462,891		2,036,371
Sitos Latinoamérica, S.A.B. de C.V.		1,003,640		960,244
Fianzas Guardiana Inbursa, S.A. de C.V.		433,843		437,428
Claroshop.com, S.A.P.I de C.V.		138,549		216,774
Grupo Financiero Inbursa, S.A.B. de C.V.		85,216		102,127
Seguros Inbursa, S.A. de C.V.		334,513		107,389
Cicsa Perú, S.A.C		244,335		256,344
Industrial Afiliada, S.A. de C.V		367,979		103,864
Banco Inbursa, S.A		75,130		20,089
Promotora Inbursa, S.A. de C.V		37,894		15,174
Other		286,729		131,725
Total	Ps.	6,037,132	Ps.	7,224,218

Summary of Transactions with Related Parties

b) For the nine-month periods ended September 30, 2023 and 2022, the Company conducted the following transactions with related parties:

	2023		2022
Capital expenditures and expenses:
Construction services, purchases of materials, inventories and property, plant and equipment (i)	Ps.	7,437,743	Ps.	9,450,787
Insurance premiums, fees paid for administrative and operating services, brokerage services and others (ii)		3,307,409		2,420,466
Associated costs for towers’ sale(iii)		1,584,080		—
Rent of towers		804,171		312,726
Other services		1,535,383		1,042,218
	Ps.	14,668,786	Ps.	13,226,197
Revenues:
Service revenues	Ps.	630,643	Ps.	547,805
Sales of towers(iv)		7,662,188		—
Sales of equipment		1,118,923		598,162
	Ps.	9,411,754	Ps.	1,145,967

i) In 2023, this amount includes Ps. 5,405,210 (Ps. 7,414,728 in 2022) for network construction services and construction materials purchased from subsidiaries of Grupo Carso, S.A.B. de C.V. (Grupo Carso).

ii) In 2023, this amount includes Ps. 48,564 (Ps. 79,398 in 2022) for network maintenance services performed by Grupo Carso subsidiaries; Ps. 0 in 2023 (Ps. 16,556 in 2022, respectively) for software services provided by an associate, and Ps. 2,734,425 (Ps. 2,272,336 in 2022) for insurance premiums paid mainly by Radiomóvil Dipsa, S.A. de C.V. (hereinafter, “Telcel”) to Seguros Inbursa S.A. and Fianzas Guardiana Inbursa, S.A., which, in turn, places most of such insurance with reinsurers.

iii) In 2023, this amount includes Ps. 789,414 of the cost related to the sales of towers by Compañía Dominicana de Teléfonos, S.A., Ps. 779,231 of the cost related to the sale of towers by América Móvil Perú, S.A.C., and Ps. 15,435 of the cost related to the sale of towers by Telmex.

iv) In 2023, this amount includes Ps. 2,427,897 for sales of towers by Compañía Dominicana de Teléfonos, S.A., Ps. 4,282,291 for sales of towers by América Móvil Perú, S.A.C., and Ps. 952,000 for sale of towers by Telmex.

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Income Taxes (Tables)

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Summary of Composition of Income Tax Expense

The composition of income tax expense for the nine-month period ended September 30, 2023 and 2022 is as follows:

	2023			2022
Current period income tax	Ps.	36,182,909		Ps.	39,557,635
Deferred income tax		(7,070,405	)		(3,900,303	)
Total Income tax	Ps.	29,112,504		Ps.	35,657,332
Income tax attributable to the discontinued operations:
Income tax of foreign discontinued operations. See Note 2 b)	Ps.	—		Ps.	—

Summary of Deferred Tax Related to Items Recognized in OCI

Deferred tax related to items recognized in OCI during the nine-month period ended September 30, 2023 and 2022 is as follows:  

	2023		2022
Equity investments at fair value	Ps.	3,714,808	Ps.	7,400,822
Deferred tax benefit recognized in OCI	Ps.	3,714,808	Ps.	7,400,822

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Debt (Tables)

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Summary of Short- and Long-Term Debt

a) The Company’s short and long-term debt consists of the following:

As of September 30, 2023			(Thousands of Mexican pesos)
Currency	Loan	Interest rate	Maturity	Total
Senior Notes
U.S. dollars
	Fixed-rate Senior notes (i)	3.625%	2029	Ps.	17,728,700
	Fixed-rate Senior notes (i)	2.875%	2030		17,728,700
	Fixed-rate Senior notes (i)	4.700%	2032		13,296,525
	Fixed-rate Senior notes (i)	6.375%	2035		17,397,705
	Fixed-rate Senior notes (i)	6.125%	2037		6,545,879
	Fixed-rate Senior notes (i)	6.125%	2040		35,377,798
	Fixed-rate Senior notes (i)	4.375%	2042		20,388,005
	Fixed-rate Senior notes (i)	4.375%	2049		22,160,875
	Subtotal U.S. dollars			Ps.	150,624,187
Mexican pesos
	Domestic Senior notes (i)	TIIE + 0.020%	2024	Ps.	1,356,693
	Domestic Senior notes (i)	TIIE + 0.050%	2024		1,920,231
	Fixed-rate Senior notes (i)	7.125%	2024		11,000,000
	Domestic Senior notes (i)	0.000%	2025		5,851,519
	Domestic Senior notes (i)	TIIE + 0.300%	2025		335,731
	Domestic Senior notes (i)	TIIE + 0.300%	2025		73,688
	Domestic Senior notes (i)	9.350%	2028		11,016,086
	Fixed-rate Senior notes (i)	9.500%	2031		17,000,000
	Domestic Senior notes (i)	9.520%	2032		14,679,166
	Fixed-rate Senior notes (i)	8.460%	2036		7,871,700
	Domestic Senior notes (i)	8.360%	2037		4,964,352
	Domestic Senior notes (i)	4.840%	2037		7,308,611
	Subtotal Mexican pesos			Ps.	83,377,777
Euros
	Commercial Paper (iv)	3.830%	2023	Ps.	937,228
	Commercial Paper (iv)	3.830%	2023		749,782
	Commercial Paper (iv)	3.820%	2023		937,228
	Commercial Paper (iv)	3.830%	2023		468,614
	Commercial Paper (iv)	3.830%	2023		468,614
	Commercial Paper (iv)	3.850%	2023		880,994
	Commercial Paper (iv)	3.840%	2023		468,614
	Commercial Paper (iv)	3.850%	2023		468,614
	Commercial Paper (iv)	3.870%	2023		656,059

	Commercial Paper (iv)	3.870%	2023		937,228
	Commercial Paper (iv)	3.950%	2023		937,228
	Commercial Paper (iv)	3.970%	2023		656,059
	Commercial Paper (iv)	3.960%	2023		281,168
	Commercial Paper (iv)	4.030%	2023		937,228
	Commercial Paper (iv)	4.030%	2023		468,614
	Commercial Paper (iv)	4.140%	2023		187,446
	Commercial Paper (iv)	3.950%	2023		937,228
	Commercial Paper (iv)	3.950%	2023		656,059
	Commercial Paper (iv)	4.110%	2024		281,168
	Exchangeable Bond (i)	0.000%	2024		37,856,502
	Fixed-rate Senior notes (i)	1.500%	2024		15,932,871
	Fixed-rate Senior notes (i)	1.500%	2026		14,058,416
	Fixed-rate Senior notes (i)	0.750%	2027		14,167,790
	Fixed-rate Senior notes (i)	2.125%	2028		11,179,440
	Fixed-rate Senior notes (i)	5.250%	2028		9,372,277
	Subtotal euros			Ps.	114,882,469
Pound Sterling
	Fixed-rate Senior notes (i)	5.000%	2026	Ps.	10,813,621
	Fixed-rate Senior notes (i)	5.750%	2030		14,057,707
	Fixed-rate Senior notes (i)	4.948%	2033		6,488,172
	Fixed-rate Senior notes (i)	4.375%	2041		16,220,431
	Subtotal Pound Sterling			Ps.	47,579,931
Brazilian reais
	Promissory Notes (i)	CDI + 1.000%	2023	Ps.	2,832,287
	Debentures (i)	CDI + 1.400%	2024		15,046,524
	Debentures (i)	CDI + 1.370%	2025		5,310,538
	Debentures (i)	CDI + 1.350%	2026		5,310,538
	Subtotal Brazilian reais			Ps.	28,499,887
Other currencies
Japanese yen
	Fixed-rate Senior notes (i)	2.950%	2039	Ps.	1,542,968
	Subtotal Japanese yen			Ps.	1,542,968
Chilean pesos
	Fixed-rate Senior notes (i)	4.000%	2035	Ps.	3,582,591
	Subtotal Chilean pesos			Ps.	3,582,591
	Subtotal other currencies			Ps.	5,125,559
Lines of Credit and others
Euros
	Lines of credit (ii)	Euribor 1M + 1.3% / 4.150% - 5.195%	2023 - 2028	Ps.	12,652,574

Mexican pesos
	Lines of credit (ii)	TIIE + 0.300% - TIIE + 0.780%	2023 - 2024		56,280,000
Peruvian Soles
	Lines of credit (ii)	7.940% - 8.010%	2024		8,021,245
	Subtotal Lines of Credit and others			Ps.	76,953,819
	Total debt			Ps.	507,043,629
	Less: Short-term debt and current portion of long-term debt			Ps.	152,921,592
	Long-term debt			Ps.	354,122,037

As of December 31, 2022			(Thousands of Mexican pesos)
Currency	Loan	Interest rate	Maturity	Total
Senior Notes
U.S. dollars
	Fixed-rate Senior notes (i)	3.625%	2029	Ps.	19,414,300
	Fixed-rate Senior notes (i)	2.875%	2030		19,414,300
	Fixed-rate Senior notes (i)	4.700%	2032		14,560,725
	Fixed-rate Senior notes (i)	6.375%	2035		19,051,835
	Fixed-rate Senior notes (i)	6.125%	2037		7,168,245
	Fixed-rate Senior notes (i)	6.125%	2040		38,741,430
	Fixed-rate Senior notes (i)	4.375%	2042		22,326,445
	Fixed-rate Senior notes (i)	4.375%	2049		24,267,875
	Subtotal U.S. dollars			Ps.	164,945,155
Mexican pesos
	Domestic Senior notes (i)	TIIE + 0.050%	2024	Ps.	1,920,231
	Fixed-rate Senior notes (i)	7.125%	2024		11,000,000
	Domestic Senior notes (i)	0.000%	2025		5,683,928
	Domestic Senior notes (i)	TIIE + 0.300%	2025		335,731
	Domestic Senior notes (i)	9.520%	2032		14,679,166
	Fixed-rate Senior notes (i)	8.460%	2036		7,871,700
	Domestic Senior notes (i)	8.360%	2037		4,964,352
	Domestic Senior notes (i)	4.840%	2037		7,099,289
	Subtotal Mexican pesos			Ps.	53,554,397
Euros
	Commercial Paper (iv)	2.020%	2023	Ps.	519,575
	Commercial Paper (iv)	2.010%	2023		1,039,150

	Commercial Paper (iv)	2.270%	2023		519,575
	Commercial Paper (iv)	2.150%	2023		519,575
	Fixed-rate Senior notes (i)	3.500%	2023		6,234,902
	Fixed-rate Senior notes (i)	3.259%	2023		15,587,256
	Exchangeable Bond (i)	0.000%	2024		43,581,968
	Fixed-rate Senior notes (i)	1.500%	2024		17,665,557
	Fixed-rate Senior notes (i)	1.500%	2026		15,587,256
	Fixed-rate Senior notes (i)	0.750%	2027		15,708,525
	Fixed-rate Senior notes (i)	2.125%	2028		12,395,194
	Subtotal euros			Ps.	129,358,533
Pound Sterling
	Fixed-rate Senior notes (i)	5.000%	2026	Ps.	11,729,149
	Fixed-rate Senior notes (i)	5.750%	2030		15,247,894
	Fixed-rate Senior notes (i)	4.948%	2033		7,037,490
	Fixed-rate Senior notes (i)	4.375%	2041		17,593,724
	Subtotal Pound Sterling			Ps.	51,608,257
Brazilian reais
	Debentures (i)	CDI + 1.350%	2023	Ps.	9,302,135
	Promissory Notes (i)	CDI + 1.000%	2023		2,976,683
	Debentures (i)	CDI + 1.400%	2024		15,813,630
	Debentures (i)	CDI + 1.370%	2025		5,581,281
	Subtotal Brazilian reais			Ps.	33,673,729
Other currencies
Japanese yen
	Fixed-rate Senior notes (i)	2.950%	2039	Ps.	1,924,847
	Subtotal Japanese yen			Ps.	1,924,847
Chilean pesos
	Fixed-rate Senior notes (i)	4.000%	2035	Ps.	3,964,099
	Subtotal Chilean pesos			Ps.	3,964,099
	Subtotal other currencies			Ps.	5,888,946
Lines of Credit and others
U.S. dollars
	Lines of credit (ii)	5.050%	2023	Ps.	491,750
Euros
	Lines of credit (ii)	2.083% - 2.650%	2023 - 2024		17,052,458
Mexican pesos
	Lines of credit (ii)	TIIE + 0.280% - TIIE + 0.580%	2023		43,580,000
Peruvian Soles
	Lines of credit (ii)	6.00%	2023		4,142,056
Colombian pesos
	Lines of credit (ii)	IBR + 2.25%	2023		165,479

Brazilian reais
	Lines of credit (ii)	13.32%	2023		6,105,177
Others
	Lines of credit (ii)	11.00%	2023		23,543
	Subtotal Lines of Credit and others			Ps.	71,560,463
	Total debt			Ps.	510,589,480
	Less: Short-term debt and current portion of long-term debt			Ps.	102,024,414
	Long-term debt			Ps.	408,565,066

Summary of Short Term Debt Maturities

An analysis of the Company’s short-term debt maturities as of December 31, 2022 and September 30, 2023 is as follows:

	2022			2023
Obligations and Senior Notes	Ps.	36,698,853		Ps.	85,340,050
Lines of credit		65,325,561			67,581,542
Financial leases		—			—
Subtotal short term debt	Ps.	102,024,414		Ps.	152,921,592
Weighted-average interest rate		8.50	%		7.11	%

Summary of Long Term Debt Maturities

The Company’s long-term debt maturities are as follows:

Years	Amount
2024	Ps.	12,920,231
2025		11,571,475
2026		30,182,574
2027 and thereafter		299,447,757
Total	Ps.	354,122,037

Summary of Senior Notes Outstanding

The outstanding Senior Notes as of December 31, 2022 and September 30, 2023 are as follows:

Currency*	2022		2023
U.S. dollars	Ps.	164,945,155	Ps.	150,624,187
Mexican pesos		53,554,397		83,377,777
Euros		129,358,533		114,882,469
Pound sterling		51,608,257		47,579,931
Brazilian reais		33,673,729		28,499,887
Japanese yens		1,924,847		1,542,968
Chilean pesos		3,964,099		3,582,591

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Financial Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Summary of Categorization of the Financial Instruments, Excluding Cash and Cash Equivalents

Set out below is the categorization of the financial instruments, excluding cash and cash equivalents, held by the Company as of September 30, 2023 and December 31, 2022:

	September 30, 2023
	Loans and Receivables		Fair value through profit or loss		Fair value through OCI
Financial Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	5,889,985	Ps.	—	Ps.	68,627,966
Accounts receivable from subscribers, distributors, contractual assets and other		163,010,399		—		—
Related parties		1,395,450		—		—
Derivative financial instruments		—		1,779,953		—
Total current assets		170,295,834		1,779,953		68,627,966
Debt instruments at fair value through OCI		—		—		14,510,542
Total	Ps.	170,295,834	Ps.	1,779,953	Ps.	83,138,508
Financial Liabilities:
Debt	Ps.	507,043,629	Ps.	—	Ps.	—
Liability related to right-of-use of assets		131,467,840		—		—
Accounts payable		169,397,530		—		—
Related parties		6,037,132		—		—
Derivative financial instruments		—		24,499,284		—
Total	Ps.	813,946,131	Ps.	24,499,284	Ps.	—

	December 31, 2022
	Loans and Receivables		Fair value through profit or loss		Fair value through OCI
Financial Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	—	Ps.	—	Ps.	88,428,111
Accounts receivable from subscribers, distributors, contractual assets and other		161,201,512		—		—
Related parties		2,287,213		—		—
Derivative financial instruments		—		2,602,680		—
Total current assets		163,488,725		2,602,680		88,428,111
Debt instruments at fair value through OCI		—		—		6,981,149
Total	Ps.	163,488,725	Ps.	2,602,680	Ps.	95,409,260
Financial Liabilities:
Debt	Ps.	510,589,480	Ps.	—	Ps.	—
Liability related to right-of-use of assets		134,148,811		—		—
Accounts payable		174,472,769		—		—
Related parties		7,224,218		—		—
Derivative financial instruments		—		25,331,346		—
Total	Ps.	826,435,278	Ps.	25,331,346	Ps.	—

Summary of Fair Value for the Financial Assets (Excluding Cash and Cash Equivalents) and Financial Liabilities

The fair value for the financial assets (excluding cash and cash equivalents) and financial liabilities shown in the interim condensed consolidated statements of financial position at September 30, 2023 and December 31, 2022 is as follow:

	Measurement of fair value at September 30, 2023
	Level 1		Level 2		Level 3		Total
Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	68,627,966	Ps.	—		Ps.5,889,985		Ps.74,517,951
Derivative financial instruments		—		1,779,953		—		1,779,953
Revalued of assets		—		—		27,812,945		27,812,945
Pension plan assets		191,871,841		14,298,222		35,860		206,205,923
Total current assets		260,499,807		16,078,175		33,738,790		310,316,772
Debt instruments at fair value through OCI		5,032,597		9,477,945		—		14,510,542
Total	Ps.	265,532,404	Ps.	25,556,120	Ps.	33,738,790	Ps.	324,827,314
Liabilities:
Debt	Ps.	349,654,882	Ps.	127,557,171	Ps.	—	Ps.	477,212,053
Liability related to right-of-use of assets		131,467,840		—		—		131,467,840
Derivative financial instruments		—		24,499,284		—		24,499,284
Total	Ps.	481,122,722	Ps.	152,056,455	Ps.	—	Ps.	633,179,177

	Measurement of fair value at December 31, 2022
	Level 1		Level 2		Level 3		Total
Assets:
Equity investments at fair value through OCI and other short-term investments	Ps.	88,428,111	Ps.	—	Ps.	—	Ps.	88,428,111
Derivative financial instruments		—		2,602,680		—		2,602,680
Revalued of assets		—		—		38,353,719		38,353,719
Pension plan assets		192,829,688		15,657,661		39,270		208,526,619
Total current assets		281,257,799		18,260,341		38,392,989		337,911,129
Debt instruments at fair value through OCI		—		6,981,149		—		6,981,149
Total	Ps.	281,257,799	Ps.	25,241,490	Ps.	38,392,989	Ps.	344,892,278
Liabilities:
Debt	Ps.	371,709,395	Ps.	116,848,635	Ps.	—	Ps.	488,558,030
Liability related to right-of-use of assets		134,148,811		—		—		134,148,811
Derivative financial instruments		—		25,331,346		—		25,331,346
Total	Ps.	505,858,206	Ps.	142,179,981	Ps.	—	Ps.	648,038,187

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Components of other comprehensive loss (Tables)

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Summary of Movement on the Components of the Other Comprehensive Loss

The movement on the components of the other comprehensive income for the nine-month periods ended September 30, 2023 and 2022 is as follows:

	2023			2022
Controlling interest:
Unrealized loss on equity investments at fair value, net of deferred taxes	Ps.	(3,630,663	)	Ps.	(5,699,392	)
Translation effect of foreign entities		(25,259,730	)		(23,903,935	)
Translation effect by discontinued operations		—			(1,750,472	)
Remeasurement of defined benefit plan, net of deferred taxes		—			294,922
Non-controlling interest of the items above		(2,254,566	)		(4,679,057	)
Other comprehensive loss	Ps.	(31,144,959	)	Ps.	(35,737,934	)

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Valuation of derivatives, interest cost from labor obligations and other financial items, net (Tables)

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Schedule of Valuation of Derivatives and Other Financial Items

For the nine-month periods ended September 30, 2023 and 2022, valuation of derivatives and other financial items was as follows:

	2023			2022
Loss in valuation of derivatives, net	Ps.	(14,583,677	)	Ps.	(33,682,405	)
Capitalized interest income		998,616			1,149,241
Commissions		(854,342	)		(770,028	)
Interest cost of labor obligations		(10,373,166	)		(9,287,660	)
Dividend received		3,884,554			5,433,823
Gain on net monetary positions		12,310,469			9,773,317
Contractual earn-out Verizon		1,345,103			2,298,533
Impairment to accounts receivable – ClaroVTR		(8,238,393	)		—
Impairment to investment – ClaroVTR		(4,677,782	)		—
TracFone contractual compensation		(647,013	)		—
DISH uncollectible allowance		(613,515	)		—
Dividend prescription America Movil		—			885,877
Other financial cost(i)		136,422			497,828
Total	Ps.	(21,312,724	)	Ps.	(23,701,474	)

(i)  Excludes discontinued operations of Chile and Panama (See Note 2b)

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Segments (Tables)

9 Months Ended

Sep. 30, 2023

Text block [abstract]

Summary of Operating Segments

	Mexico			Telmex			Brazil			(1) Southern Cone			Colombia		Andean		(2) Central America			Caribbean		Europe			Eliminations			Consolidated total
For the nine-months period ended September 30, 2023 (in Ps.):
External revenues		183,326,820			63,385,410			120,643,031			25,589,086			45,573,769		40,784,677		32,815,550			28,317,264		74,864,647			—			615,300,254
Intersegment revenues		7,282,073			12,447,157			3,342,344			37,453			246,029		50,594		73,754			899,205		—			(24,378,609	)		—
Total revenues		190,608,893			75,832,567			123,985,375			25,626,539			45,819,798		40,835,271		32,889,304			29,216,469		74,864,647			(24,378,609	)		615,300,254
Depreciation and amortization		19,854,926			10,661,824			32,948,124			7,138,235			9,687,040		7,705,756		7,774,150			5,272,622		15,611,301			(1,326,894	)		115,327,084
Operating income		62,193,205			9,478,594			18,413,105			836,693			7,317,594		8,582,308		4,826,064			6,309,274		12,140,762			(4,121,609	)		125,975,990
Interest income		19,632,757			1,090,456			3,318,180			486,484			645,925		1,620,722		466,514			1,147,198		307,387			(22,071,061	)		6,644,562
Interest expense		20,369,944			5,442,770			19,273,742			1,474,895			2,489,576		1,222,209		933,496			1,229,509		1,432,444			(21,573,850	)		32,294,735
Income tax		22,039,911			(145,184	)		654,368			(2,325,567	)		835,905		3,330,258		1,314,679			1,535,248		2,300,165			(427,279	)		29,112,504
Equity interest in net income (loss) of associated companies		(3,797,172	)		28,384			24,249			(2,815	)		—		—		(645	)		—		16,513			—			(3,731,486	)
Net profit (loss) attributable to equity holders of the parent		28,946,397			(4,035,727	)		4,346,285			(143,764	)		3,180,166		6,476,390		3,191,646			4,365,631		8,535,407			3,186,175			58,048,606
Assets by segment		1,030,522,792			237,903,064			388,792,356			81,116,527			114,451,892		92,960,971		90,174,355			103,282,962		147,490,187			(694,553,031	)		1,592,142,075
Plant, property and equipment, net		46,104,250			145,781,937			152,498,377			39,540,047			49,660,991		29,654,941		40,204,241			36,373,908		67,032,522			(1,075,916	)		605,775,298
Revalued of assets		—			—			—			—			7,990,278		—		—			—		19,822,667			—			27,812,945
Goodwill		26,450,092			215,381			29,800,253			201,265			9,134,535		4,620,773		6,290,086			14,186,723		55,694,728			—			146,593,836
Trademarks, net		109,232			95,212			1,221			—			—		570		—			199,664		2,326,510			—			2,732,409
Licenses and rights, net		10,751,301			98,630			33,300,938			12,018,537			8,156,321		3,339,628		4,967,979			9,112,039		18,736,696			—			100,482,069
Investment in associated companies		21,458,537			574,192			49,427			(12,872	)		—		—		21,139			—		18,463			(6,098,146	)		16,010,740
Liabilities by segments		651,378,535			230,678,142			322,742,258			46,077,687			58,557,943		40,753,768		34,556,739			49,060,210		92,192,262			(358,399,590	)		1,167,597,954
For the nine-months period ended September 30, 2022 (in Ps.):
External revenues		173,172,999			59,941,741			123,960,091			31,364,649			55,577,412		40,900,522		35,271,222			29,352,658		78,998,073			—			628,539,367
Intersegment revenues		6,693,842			12,078,536			2,517,238			(76,302	)		284,947		56,598		131,015			1,465,986		—			(23,151,860	)		—
Total revenues		179,866,841			72,020,277			126,477,329			31,288,347			55,862,359		40,957,120		35,402,237			30,818,644		78,998,073			(23,151,860	)		628,539,367
Depreciation and amortization		19,630,572			9,815,473			32,355,992			7,573,737			10,016,934		7,973,246		8,217,529			5,357,477		17,256,032			367,559			118,564,551
Operating income		56,239,177			9,804,633			18,586,084			2,662,681			11,232,978		5,750,496		6,760,634			6,657,361		12,976,982			(4,485,665	)		126,185,361
Interest income		13,450,786			555,563			1,713,993			612,437			504,971		633,511		274,680			406,424		156,211			(15,196,268	)		3,112,308
Interest expense		18,595,453			2,043,815			17,643,103			2,199,390			1,969,055		702,871		811,202			754,293		979,499			(14,758,341	)		30,940,340
Income tax		21,757,834			1,730,732			(107,876	)		1,532,415			2,250,229		1,775,276		1,808,111			2,279,688		2,573,925			56,998			35,657,332
Equity interest in net income (loss) of associated companies		34,540			22,459			10,642			(528	)		—		—		—			—		(19,099	)		—			48,014
Net profit (loss) attributable to equity holders of the parent continues operations		53,728,501			(1,981,977	)		4,110,728			848,256			5,057,140		4,290,589		4,283,706			3,727,793		9,529,969			(23,816,630	)		59,778,075
Net profit attributable to equity holders of the parent discontinued operations		—			—			—			—			—		—		—			—		—			—			2,671,630
Net profit (loss) attributable to equity holders of the parent		53,728,501			(1,981,977	)		4,110,728			848,256			5,057,140		4,290,589		4,283,706			3,727,793		9,529,969			(23,816,630	)		62,449,705
Assets by segment		1,050,721,746			208,717,113			401,470,870			133,019,538			105,867,593		83,344,448		85,906,325			102,864,039		149,230,066			(690,838,170	)		1,630,303,568
Plant, property and equipment, net		49,659,959			128,057,776			156,556,259			62,710,762			46,760,727		32,923,637		38,481,018			42,377,462		68,193,484			(982,743	)		624,738,341
Revalued of assets		—			—			—			—			8,647,734		6,691,780		—			1,592,140		22,726,516			—			39,658,170
Goodwill		23,296,674			215,381			31,068,497			2,295,155			12,742,478		4,680,898		6,323,205			14,186,723		48,521,317			—			143,330,328
Trademarks, net		106,771			126,442			—			—			—		—		—			241,987		2,448,987			—			2,924,187
Licenses and rights, net		10,870,850			112,302			37,967,828			15,372,115			9,134,619		4,593,871		3,803,556			10,773,291		20,292,186			—			112,920,618
Investment in associated companies		3,750,083			544,058			86,784			(22,937	)		—		—		24,894			—		21,536			(1,262,240	)		3,142,178
Liabilities by segments		633,866,917			190,971,198			294,931,188			73,669,413			55,487,418		35,050,731		31,004,610			53,039,683		95,495,024			(264,769,028	)		1,198,747,154

(1)  Restated for discontinued operations for the nine-month period ended September 30, 2022 ClaroVTR.

(2)  Restated for discontinued operations for the nine-month period ended September 30, 2022 (Panama disposal).

XML

Description of the Business and Relevant Events - Additional Information (Detail) $ / shares in Units, $ in Thousands										9 Months Ended			12 Months Ended
	Sep. 22, 2023 EUR (€) Towers	Jul. 24, 2023	Jul. 06, 2023 EUR (€)	Jun. 30, 2023 MXN ($) Towers	Jun. 26, 2023 MXN ($)	Jun. 09, 2023 EUR (€)	Apr. 27, 2023 MXN ($) $ / shares	Feb. 06, 2023	Feb. 03, 2023 MXN ($) Towers	Sep. 30, 2023 MXN ($) Country	Sep. 30, 2022 MXN ($)	[1]	Dec. 31, 2022
Percentage of shareholding approval of spin off
Corporate information description										América Móvil, S.A.B. de C.V. and subsidiaries (hereinafter, the “Company”, “América Móvil”, “AMX”, “we”, “us” and “our”) was incorporated under the laws of Mexico on September 25, 2000. As of September 30, 2023, the Company provides telecommunications services in 22 countries, as well as through a joint venture in Chile, throughout Latin America, the Caribbean and Europe. These telecommunications services include mobile and fixed-line voice services, wireless and fixed data services, internet access and Pay TV, over the top (OTT) and other related services. The Company also sells equipment, accessories and computers.
Number of countries in which company operates | Country										22
Number of countries in which company holds license | Country										22
Proceeds from the sale of property plant and equipment spin off										$ 6,997,431	$ 207,731
Dividends paid, ordinary shares per share | $ / shares							$ 0.46
Validity of Agreement of Shareholders								10 years
Global Pesos Notes [Member]
Percentage of shareholding approval of spin off
Debt instrument face value					$ 130,000,000
Debt Instrument Term					5 years
Nine Point Five Percent Sustainable Bonds [Member]
Percentage of shareholding approval of spin off
Debt instrument face value					$ 17,000,000
Debt Instrument Term					7 years
Borrowings interest rate					9.50%
Approval of Shareholders Transactions [Member]
Percentage of shareholding approval of spin off
Repurchase funds authorised amount							$ 20,000,000
Dividends paid, ordinary shares per share | $ / shares							$ 0.46
Telekom Austria AG [member] | COUNTRY A T [Member]
Percentage of shareholding approval of spin off
Percentage of voting rights in subsidiary acquired during the period		5.55%
Proportion of ownership interest in subsidiary										56.55%			51.00%
Telekom Austria AG [member] | COUNTRY A T [Member] | EURO Telesites AG [Member]
Percentage of shareholding approval of spin off
Debt transferred pursuant to spin off | €	€ 1,000,000,000
Number of towers transferred pursuant to spin off | Towers	13,000
Share exchange ratio based on which the shares will be issued by the new company	0.25
Telecommunications Towers [Member]
Percentage of shareholding approval of spin off
Number of telecommunications towers transferred under spin off | Towers				3,480
Sitios Latinoamrica, S.A.B. de C.V [Member] | Telecommunications Towers [Member]
Percentage of shareholding approval of spin off
Number of telecommunications towers transferred under spin off | Towers				2,980					1,388
Proceeds from the sale of property plant and equipment spin off				$ 3,950,079					$ 2,419,568
Telesites SAB de CV [member] | Series One Hybrid Notes [member]
Percentage of shareholding approval of spin off
Debt instrument principal amount of debt closed | €						€ 500,000,000
Telesites SAB de CV [member] | Loan Raised By Way Of Bonds Issue [Member] | Five Point Two Five Percent Euro Five Hundred Million Bond [Member]
Percentage of shareholding approval of spin off
Debt instrument face value | €			€ 500,000,000
Debt Instrument Term			5 years
Borrowings interest rate			5.25%

[1] Restated for discontinued operations.

XML

Basis of Preparation of the Unaudited Interim Condensed Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices - Additional Information (Detail) - 9 months ended Sep. 30, 2023 $ in Thousands, $ in Billions	MXN ($)	CLP ($)
Disclosure of basis of preparation of consolidated financial statements and summary of significant accounting policies and practices [line items]
Impairment of investments in joint ventures	$ 4,677,782
Claro VTR [Member] | Liberty Latin America [Member]
Disclosure of basis of preparation of consolidated financial statements and summary of significant accounting policies and practices [line items]
Impairment of investments in joint ventures	4,677,782
Contribution to refinancing of debt		$ 289.3
Additional impairment of investments in joint ventures	8,238,393
Claro VTR [Member] | Liberty Latin America [Member] | Convertible Notes [Member]
Disclosure of basis of preparation of consolidated financial statements and summary of significant accounting policies and practices [line items]
Aggregate principal amount	$ 13,657,485

XML

Basis of Preparation of the Unaudited Interim Condensed Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices - Summary of Net profit for the year from discontinued operations (Detail) - MXN ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Operating revenues:
Revenue services	$ 521,859,211	$ 532,404,944	[1]
Sales of equipment	93,441,043	96,134,423	[1]
Operating revenues	615,300,254	628,539,367	[1]
Total costs and expenses	237,179,459	245,607,587	[1]
Operating income	125,975,990	126,185,361	[1]
Profit before income tax	90,775,292	99,744,596	[1]
Income tax	29,112,504	35,657,332	[1]
Net loss of the period of discontinued operations	$ 0	2,671,630	[1]
Discontinued operations [member] | Claro Panama [Member]
Operating revenues:
Revenue services		1,210,109
Sales of equipment		206,595
Operating revenues		1,416,704
Total costs and expenses		1,403,311
Operating income		13,393
Financial costs		(39,538)
Gain on disposal of discontinued operations		3,405,014
Profit before income tax		3,378,869
Income tax		0
Net loss of the period of discontinued operations		$ 3,378,869

[1] Restated for discontinued operations.

XML

Basis of Preparation of the Unaudited Interim Condensed Consolidated Financial Statements and Summary of Significant Accounting Policies and Practices - Summary of Analysis Of Single Amount Of Discontinued Operations Table (Detail) - MXN ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Revenue [abstract]
Revenue services	$ 521,859,211	$ 532,404,944	[1]
Sales of equipment	93,441,043	96,134,423	[1]
Operating revenues	615,300,254	628,539,367	[1]
Total costs and expenses	237,179,459	245,607,587	[1]
Operating income	125,975,990	126,185,361	[1]
Profit before income tax	90,775,292	99,744,596	[1]
Tax expense:
Income taxes	29,112,504	35,657,332	[1]
Net loss of the period of discontinued operations	$ 0	2,671,630	[1]
Joint ventures [member] | Discontinued operations [member]
Revenue [abstract]
Revenue services		10,500,088
Sales of equipment		2,626,823
Operating revenues		13,126,911
Total costs and expenses		14,954,526
Operating income		(1,827,615)
Financial costs		(685,124)
Profit before income tax		(2,512,739)
Tax expense:
Income taxes		(1,805,500)
Net loss of the period of discontinued operations		$ (707,239)

[1] Restated for discontinued operations.

XML

Related Parties - Summary of Analysis of the Balances with Related Parties (Detail) - MXN ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts receivable from related party transactions	$ 1,395,450	$ 2,287,213
Amounts payable to related party transactions	6,037,132	7,224,218
Sears Roebuck de México, S.A. de C.V. and Subsidiaries [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts receivable from related party transactions	219,463	260,584
Sitios Latinoamérica, S.A.B. de C.V. [Member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts receivable from related party transactions	333,600	1,460,897
Sanborns Hermanos, SA [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts receivable from related party transactions	73,222	124,157
Patrimonial Inbursa, SA [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts receivable from related party transactions	369,658	166,366
Grupo Condumex, SA de CV and Subsidiaries [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts receivable from related party transactions	27,045	31,857
Amounts payable to related party transactions	462,891	2,036,371
Telesites, S.A.B. de C.V. and Subsidiaries [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts receivable from related party transactions	100,518	80,677
Claroshopcom SAPI de CV [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts receivable from related party transactions	70,704	31,559
Amounts payable to related party transactions	138,549	216,774
Carso Infraestructura y Construccion, SA de CV and Subsidiaries [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts payable to related party transactions	2,566,413	2,836,689
Sitos Latinoamérica, S.A.B. de C.V. [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts payable to related party transactions	1,003,640	960,244
Fianzas Guardiana Inbursa, SA de CV [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts payable to related party transactions	433,843	437,428
Grupo Financiero Inbursa, SAB de CV [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts payable to related party transactions	85,216	102,127
Seguros Inbursa SA de CV [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts payable to related party transactions	334,513	107,389
Cicsa Perú, S.A.C. [Member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts payable to related party transactions	244,335	256,344
Industrial Afiliada, S.A. de C.V [Member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts payable to related party transactions	367,979	103,864
Banco Inbursa, S.A [Member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts payable to related party transactions	75,130	20,089
Promotora Inbursa, S.A. de C.V [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts payable to related party transactions	37,894	15,174
Other related parties [member]
Disclosure of receivables and payables arising from related party transactions [line items]
Amounts receivable from related party transactions	201,240	131,116
Amounts payable to related party transactions	$ 286,729	$ 131,725

XML

Related Parties - Summary of Transactions with Related Parties (Detail) - MXN ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of transactions between related parties [abstract]
Construction services, purchases of materials, inventories and property, plant and equipment	$ 7,437,743	$ 9,450,787
Insurance premiums, fees paid for administrative and operating services, brokerage services and others	3,307,409	2,420,466
Associated costs for towers' sale	1,584,080
Rent of towers	804,171	312,726
Other services	1,535,383	1,042,218
Investments and expenses	14,668,786	13,226,197
Service revenues	630,643	547,805
Sales of towers	7,662,188
Sales of equipment	1,118,923	598,162
Revenues	$ 9,411,754	$ 1,145,967

XML

Related Parties - Summary of Transactions with Related Parties (Parenthetical) (Detail) - MXN ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of transactions between related parties [line items]
Materials purchased from subsidiaries	$ 5,405,210	$ 7,414,728
Associated costs for towers' sale	(1,584,080)
Sale Of Towers Of Related Party Transactions	7,662,188
Grupo Carso, SAB de CV [member]
Disclosure of transactions between related parties [line items]
Network maintenance service cost	48,564	79,398
Associates [member]
Disclosure of transactions between related parties [line items]
Software service expense	0	16,556
Radiomóvil Dipsa, S.A. de C.V. [member]
Disclosure of transactions between related parties [line items]
Insurance premium	2,734,425	$ 2,272,336
Dominican Republic, Paraguay, Costa Rica and Colombia [member]
Disclosure of transactions between related parties [line items]
Associated costs for towers' sale	789,414
Sale Of Towers Of Related Party Transactions	2,427,897
America Movil Peru S.A. C. [member]
Disclosure of transactions between related parties [line items]
Associated costs for towers' sale	779,231
Sale Of Towers Of Related Party Transactions	4,282,291
Telmexs [member]
Disclosure of transactions between related parties [line items]
Associated costs for towers' sale	15,435
Sale Of Towers Of Related Party Transactions	$ 952,000

XML

Property, Plant and Equipment, net - Additional Information (Detail) - MXN ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of detailed information about property, plant and equipment [line items]
Additions other than through business combinations, property, plant and equipment	$ 89,597,179	$ 99,798,593
Depreciation on property, plant and equipment	77,925,179	87,158,682
Increase decrease through net exchange differences property, plant and equipment	$ 26,156,932	$ 18,829,920

XML

Income Taxes - Summary of Composition of Income Tax Expense (Detail) - MXN ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Current period income tax	$ 36,182,909	$ 39,557,635
Deferred income tax	(7,070,405)	(3,900,303)
Income tax expense	29,112,504	35,657,332	[1]
Foreign [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Income tax of foreign discontinued operations	$ 0	$ 0

[1] Restated for discontinued operations.

XML

Income Taxes - Summary of Deferred Tax Related to Items Recognized in OCI (Detail) - MXN ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Major components of tax expense (income) [abstract]
Equity investments at fair value	$ 3,714,808	$ 7,400,822
Deferred tax benefit recognized in OCI	$ 3,714,808	$ 7,400,822

XML

Income Taxes - Additional Information (Detail) - MXN ($) $ in Thousands	9 Months Ended			12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022		Dec. 31, 2023
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Income tax expense	$ 29,112,504	$ 35,657,332	[1]
Decrease in effective income tax rate	32.07%	35.75%
Percentage of legal rate	30.00%
Updated Effective Tax Rate [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Effective tax rate				33.00%
Excluding income tax of foreign discontinued operations [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Income tax expense		$ 35,657,332
Retained earnings [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Liability Asset	$ 2,315,646	$ 16,498,136

[1] Restated for discontinued operations.

XML

Debt - Summary of Short- and Long-Term Debt (Detail) - MXN ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Disclosure of detailed information about borrowings [line items]
Total Debt	$ 507,043,629	$ 510,589,480
Less: Short-term debt and current portion of long-term debt	152,921,592	102,024,414
Long-term debt	354,122,037	408,565,066
Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Total Debt	12,653,000	71,560,000
Less: Short-term debt and current portion of long-term debt	67,581,542	65,325,561
Line of credit and others [member]
Disclosure of detailed information about borrowings [line items]
Total Debt	76,953,819	71,560,463
U.S. dollars [member]
Disclosure of detailed information about borrowings [line items]
Total Debt	$ 150,624,187	$ 164,945,155
U.S. dollars [member] | Fixed-rate Senior notes interest rate 3.625% maturing 2029 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.625%	3.625%
Borrowings maturity	2029	2029
Total Debt	$ 17,728,700	$ 19,414,300
U.S. dollars [member] | Fixed-rate Senior notes interest rate 2.875% maturing 2030 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	2.875%	2.875%
Borrowings maturity	2030	2030
Total Debt	$ 17,728,700	$ 19,414,300
U.S. dollars [member] | Fixed rate senior notes interest rate 4.700% maturing 2032 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.70%	4.70%
Borrowings maturity	2032	2032
Total Debt	$ 13,296,525	$ 14,560,725
U.S. dollars [member] | Fixed-rate Senior notes interest rate 6.375% maturing 2035 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	6.375%	6.375%
Borrowings maturity	2035	2035
Total Debt	$ 17,397,705	$ 19,051,835
U.S. dollars [member] | Fixed-rate Senior notes interest rate 6.125% maturing 2037 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	6.125%	6.125%
Borrowings maturity	2037	2037
Total Debt	$ 6,545,879	$ 7,168,245
U.S. dollars [member] | Fixed-rate Senior notes interest rate 6.125% maturing 2040 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	6.125%	6.125%
Borrowings maturity	2040	2040
Total Debt	$ 35,377,798	$ 38,741,430
U.S. dollars [member] | Fixed Rate Senior Notes Interest Rate 4.375% Maturing 2042 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.375%	4.375%
Borrowings maturity	2042	2042
Total Debt	$ 20,388,005	$ 22,326,445
U.S. dollars [member] | Fixed-rate Senior notes interest rate 4.375% maturing 2049 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.375%	4.375%
Borrowings maturity	2049	2049
Total Debt	$ 22,160,875	$ 24,267,875
U.S. dollars [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		5.05%
Borrowings maturity		2023
Total Debt		$ 491,750
Mexican pesos [member]
Disclosure of detailed information about borrowings [line items]
Total Debt	$ 83,377,777	$ 53,554,397
Mexican pesos [member] | Domestic senior notes interest rate 0.020% maturing 2024 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	0.02%
Interbank certificate of deposit interest rate basis	TIIE + 0.020%
Borrowings maturity	2024
Total Debt	$ 1,356,693
Mexican pesos [member] | Domestic senior notes interest rate 0.050% maturing 2024 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	0.05%	0.05%
Interbank certificate of deposit interest rate basis	TIIE + 0.050%	TIIE + 0.050%
Borrowings maturity	2024	2024
Total Debt	$ 1,920,231	$ 1,920,231
Mexican pesos [member] | Fixed Rate Senior Notes Interest Rate 7.125% Maturing 2024 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	7.125%	7.125%
Borrowings maturity	2024	2024
Total Debt	$ 11,000,000	$ 11,000,000
Mexican pesos [member] | Domestic Senior Notes Interest Rate 0.000% Maturing 2025 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	0.00%	0.00%
Borrowings maturity	2025	2025
Total Debt	$ 5,851,519	$ 5,683,928
Mexican pesos [member] | Domestic Senior Notes Interest Rate 0.300% Maturing 2025 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	0.30%	0.30%
Interbank certificate of deposit interest rate basis	TIIE + 0.300%	TIIE + 0.300%
Borrowings maturity	2025	2025
Total Debt	$ 335,731	$ 335,731
Mexican pesos [member] | Domestic Senior Notes Interest Rate 0.300% Maturing 2025 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	0.30%
Interbank certificate of deposit interest rate basis	TIIE + 0.300%
Borrowings maturity	2025
Total Debt	$ 73,688
Mexican pesos [member] | Domestic senior notes interest rate 9.350% maturing 2028 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	9.35%
Borrowings maturity	2028
Total Debt	$ 11,016,086
Mexican pesos [member] | Domestic Senior Notes Interest Rate 9.500% Maturing 2031 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	9.50%	9.52%
Borrowings maturity	2031	2032
Total Debt	$ 17,000,000	$ 14,679,166
Mexican pesos [member] | Fixed Rate Senior Notes Interest Rate 8.460% Maturing 2036 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	8.46%	8.46%
Borrowings maturity	2036	2036
Total Debt	$ 7,871,700	$ 7,871,700
Mexican pesos [member] | Domestic Senior Notes Interest Rate 8.360% Maturing 2037 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	8.36%	8.36%
Borrowings maturity	2037	2037
Total Debt	$ 4,964,352	$ 4,964,352
Mexican pesos [member] | Domestic Senior Notes Interest Rate 4.840% Maturing 2037 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.84%	4.84%
Borrowings maturity	2037	2037
Total Debt	$ 7,308,611	$ 7,099,289
Mexican pesos [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings maturity		2023
Total Debt	$ 56,280,000	$ 43,580,000
Mexican pesos [member] | Domestic Senior Notes Interest Rate 9.520% Maturing 2032 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	9.52%
Borrowings maturity	2032
Total Debt	$ 14,679,166
Mexican pesos [member] | Bottom of range [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	0.30%	0.28%
Borrowings maturity	2023
Mexican pesos [member] | Top of range [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	0.78%	0.58%
Borrowings maturity	2024
Euros [member]
Disclosure of detailed information about borrowings [line items]
Total Debt	$ 114,882,469	$ 129,358,533
Euros [member] | Commercial Paper Four Interest Rate 3.830%% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.83%
Borrowings maturity	2023
Total Debt	$ 937,228
Euros [member] | Commercial Paper Four Interest Rate 3.830%% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.83%
Borrowings maturity	2023
Total Debt	$ 749,782
Euros [member] | Commercial Paper Four Interest Rate 3.820% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.82%
Borrowings maturity	2023
Total Debt	$ 937,228
Euros [member] | Commercial Paper Four Interest Rate 3.830%% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.83%
Borrowings maturity	2023
Total Debt	$ 468,614
Euros [member] | Commercial Paper Four Interest Rate 3.830%% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.83%
Borrowings maturity	2023
Total Debt	$ 468,614
Euros [member] | Commercial Paper Four Interest Rate 3.850%% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.85%
Borrowings maturity	2023
Total Debt	$ 880,994
Euros [member] | Commercial Paper Four Interest Rate 3.840% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.84%
Borrowings maturity	2023
Total Debt	$ 468,614
Euros [member] | Commercial Paper Four Interest Rate 3.850% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.85%
Borrowings maturity	2023
Total Debt	$ 468,614
Euros [member] | Commercial Paper Four Interest Rate 3.870%% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.87%
Borrowings maturity	2023
Total Debt	$ 656,059
Euros [member] | Fixed rate senior notes interest rate 3.500% maturing 2023 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		3.50%
Borrowings maturity		2023
Total Debt		$ 6,234,902
Euros [member] | Fixed rate senior notes interest rate 3.259% maturing 2023 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		3.259%
Borrowings maturity		2023
Total Debt		$ 15,587,256
Euros [member] | Fixed rate senior notes interest rate 1.500% maturing 2024 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	1.50%	1.50%
Borrowings maturity	2024	2024
Total Debt	$ 15,932,871	$ 17,665,557
Euros [member] | Fixed rate senior notes interest rate 1.500% maturing 2026 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	1.50%	1.50%
Borrowings maturity	2026	2026
Total Debt	$ 14,058,416	$ 15,587,256
Euros [member] | Fixed rate senior notes interest rate 0.750% maturing 2027 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	0.75%	0.75%
Borrowings maturity	2027	2027
Total Debt	$ 14,167,790	$ 15,708,525
Euros [member] | Fixed rate senior notes interest rate 2.125% maturing 2028 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	2.125%	2.125%
Borrowings maturity	2028	2028
Total Debt	$ 11,179,440	$ 12,395,194
Euros [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest basis	Euribor 1M + 1.3% / 4.150% - 5.195%
Total Debt	$ 12,652,574	$ 17,052,458
Euros [member] | Lines of credit [member] | Euribor [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate adjustment	1.30%
Euros [member] | Exchangable Bonds Interest Rate 0.000% Maturing 2024 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	0.00%	0.00%
Borrowings maturity	2024	2024
Total Debt	$ 37,856,502	$ 43,581,968
Euros [member] | Commercial Paper Four Interest Rate 2.010% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		2.01%
Borrowings maturity		2023
Total Debt		$ 1,039,150
Euros [member] | Commercial Paper Four Interest Rate 2.270% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		2.27%
Borrowings maturity		2023
Total Debt		$ 519,575
Euros [member] | Commercial Paper Four Interest Rate 2.150% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		2.15%
Borrowings maturity		2023
Total Debt		$ 519,575
Euros [member] | Commercial Paper Four Interest Rate 3.870% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.87%
Borrowings maturity	2023
Total Debt	$ 937,228
Euros [member] | Commercial Paper Four Interest Rate 3.960% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.96%
Borrowings maturity	2023
Total Debt	$ 281,168
Euros [member] | Commercial Paper Four Interest Rate 3.950% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.95%
Borrowings maturity	2023
Total Debt	$ 937,228
Euros [member] | Commercial Paper Four Interest Rate 3.970% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.97%
Borrowings maturity	2023
Total Debt	$ 656,059
Euros [member] | Commercial Paper Four Interest Rate 4.030% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.03%
Borrowings maturity	2023
Total Debt	$ 937,228
Euros [member] | Commercial Paper Four Interest Rate 4.030% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.03%
Borrowings maturity	2023
Total Debt	$ 468,614
Euros [member] | Commercial Paper Four Interest Rate 4.140% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.14%
Borrowings maturity	2023
Total Debt	$ 187,446
Euros [member] | Commercial Paper Four Interest Rate 3.950% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.95%
Borrowings maturity	2023
Total Debt	$ 937,228
Euros [member] | Commercial Paper Four Interest Rate 3.950% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	3.95%
Borrowings maturity	2023
Total Debt	$ 656,059
Euros [member] | Commercial Paper Four Interest Rate 2.020% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		2.02%
Borrowings maturity		2023
Total Debt		$ 519,575
Euros [member] | Commercial Paper Four Interest Rate 4.110% Maturing 2023 [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.11%
Borrowings maturity	2024
Total Debt	$ 281,168
Euros [member] | Fixed rate senior notes interest rate 5.250% maturing 2028 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	5.25%
Borrowings maturity	2028
Total Debt	$ 9,372,277
Euros [member] | Bottom of range [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.15%	2.083%
Borrowings maturity	2023	2023
Euros [member] | Top of range [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	5.195%	2.65%
Borrowings maturity	2028	2024
Pound sterling [member]
Disclosure of detailed information about borrowings [line items]
Total Debt	$ 47,579,931	$ 51,608,257
Pound sterling [member] | Fixed rate senior notes interest rate 5.000% maturing 2026 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	5.00%	5.00%
Borrowings maturity	2026	2026
Total Debt	$ 10,813,621	$ 11,729,149
Pound sterling [member] | Fixed rate senior notes interest rate 5.750% maturing 2030 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	5.75%	5.75%
Borrowings maturity	2030	2030
Total Debt	$ 14,057,707	$ 15,247,894
Pound sterling [member] | Fixed rate senior notes interest rate 4.948% maturing 2033 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.948%	4.948%
Borrowings maturity	2033	2033
Total Debt	$ 6,488,172	$ 7,037,490
Pound sterling [member] | Fixed rate senior notes interest rate 4.375% maturing 2041 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.375%	4.375%
Borrowings maturity	2041	2041
Total Debt	$ 16,220,431	$ 17,593,724
Brazilian reais [member]
Disclosure of detailed information about borrowings [line items]
Total Debt	$ 28,499,887	$ 33,673,729
Brazilian reais [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		13.32%
Borrowings maturity		2023
Total Debt		$ 6,105,177
Brazilian reais [member] | Debenture CDI + 1.350% Maturing 2026 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	1.35%
Interbank certificate of deposit interest rate basis	CDI + 1.350%
Borrowings maturity	2026
Total Debt	$ 5,310,538
Brazilian reais [member] | Promissory Note CDI + 1.000% maturing 2023 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	1.00%	1.00%
Interbank certificate of deposit interest rate basis	CDI + 1.000%	CDI + 1.000%
Borrowings maturity	2023	2023
Total Debt	$ 2,832,287	$ 2,976,683
Brazilian reais [member] | Debenture CDI + 1.400% Maturing 2024 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	1.40%	1.40%
Interbank certificate of deposit interest rate basis	CDI + 1.400%	CDI + 1.400%
Borrowings maturity	2024	2024
Total Debt	$ 15,046,524	$ 15,813,630
Brazilian reais [member] | Debenture CDI + 1.370% Maturing 2025 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	1.37%	1.37%
Interbank certificate of deposit interest rate basis	CDI + 1.370%	CDI + 1.370%
Borrowings maturity	2025	2025
Total Debt	$ 5,310,538	$ 5,581,281
Brazilian reais [member] | Debenture CDI + 1.350% Maturing 2023 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		1.35%
Interbank certificate of deposit interest rate basis		CDI + 1.350%
Borrowings maturity		2023
Total Debt		$ 9,302,135
Japanese yen [member]
Disclosure of detailed information about borrowings [line items]
Total Debt	$ 1,542,968	$ 1,924,847
Japanese yen [member] | Fixed rate senior notes interest rate 2.950% maturing 2039 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	2.95%	2.95%
Borrowings maturity	2039	2039
Total Debt	$ 1,542,968	$ 1,924,847
Chilean pesos [member]
Disclosure of detailed information about borrowings [line items]
Total Debt	$ 3,582,591	$ 3,964,099
Chilean pesos [member] | Fixed rate senior notes interest rate 3.961% maturing 2035 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		4.00%
Borrowings maturity		2035
Total Debt		$ 3,964,099
Chilean pesos [member] | Fixed rate senior notes interest rate 4.000% maturing 2035 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	4.00%
Borrowings maturity	2035
Total Debt	$ 3,582,591
Other currencies [member]
Disclosure of detailed information about borrowings [line items]
Total Debt	5,125,559	5,888,946
Less: Short-term debt and current portion of long-term debt	152,921,592	102,024,414
Long-term debt	$ 354,122,037	$ 408,565,066
Other currencies [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		11.00%
Borrowings maturity		2023
Total Debt		$ 23,543
Peruvian Soles [Member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		6.00%
Borrowings maturity	2024	2023
Total Debt	$ 8,021,245	$ 4,142,056
Peruvian Soles [Member] | Bottom of range [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	7.94%
Peruvian Soles [Member] | Top of range [member] | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate	8.01%
Colombia, Pesos | Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate		2.25%
Interbank certificate of deposit interest rate basis		IBR + 2.25
Borrowings maturity		2023
Total Debt		$ 165,479

XML

Debt - Additional Information (Detail) $ in Thousands, € in Millions, $ in Millions		9 Months Ended	12 Months Ended
	Jul. 21, 2023 EUR (€)	Sep. 30, 2023 MXN ($)	Dec. 31, 2022 MXN ($)	Sep. 30, 2023 EUR (€)	Sep. 30, 2023 USD ($)	Aug. 31, 2020 EUR (€)
Disclosure of detailed information about borrowings [line items]
Weighted average cost of borrowed funds		5.98%	5.38%
Subtotal lines of credit and others		$ 507,043,629	$ 510,589,480
Euros [member]
Disclosure of detailed information about borrowings [line items]
Subtotal lines of credit and others		114,882,469	129,358,533
Revolving Syndicated Credit Facility One [member]
Disclosure of detailed information about borrowings [line items]
Loan amount					$ 1,500
Revolving Syndicated Credit Facility Two [member]
Disclosure of detailed information about borrowings [line items]
Loan amount					$ 2,500
Syndicated revolving credit facilities [member] | Telekom Austria [member] | Euros [member]
Disclosure of detailed information about borrowings [line items]
Loan amount | €				€ 1,000
Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Subtotal lines of credit and others		12,653,000	71,560,000
Lines of credit [member] | Euros [member]
Disclosure of detailed information about borrowings [line items]
Subtotal lines of credit and others		12,652,574	17,052,458
Commercial Paper [member] | Commercial Paper One Two Three And Four Maturing In Two Thousand And Twenty Three [Member]
Disclosure of detailed information about borrowings [line items]
Commercial papers issued		12,315,000				€ 2,000
Line of credit and others [member]
Disclosure of detailed information about borrowings [line items]
Subtotal lines of credit and others		$ 76,953,819	71,560,463
Fixed rate senior notes interest rate 3.259% maturing 2023 [member] | Euros [member]
Disclosure of detailed information about borrowings [line items]
Subtotal lines of credit and others			$ 15,587,256
Principal amount of debt matured | €	€ 750
Mexico [member]
Disclosure of detailed information about borrowings [line items]
Commissions or the reimbursements for Mexican tax withholdings		4.90%

XML

Debt - Summary of Short Term Debt Maturities (Detail) - MXN ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Disclosure of detailed information about borrowings [line items]
Short-term debt	$ 152,921,592	$ 102,024,414
Weighted-average interest rate	7.11%	8.50%
Senior Notes 1 [member] | Obligations and senior notes [member]
Disclosure of detailed information about borrowings [line items]
Short-term debt	$ 85,340,050	$ 36,698,853
Lines of credit [member]
Disclosure of detailed information about borrowings [line items]
Short-term debt	67,581,542	65,325,561
Finance Leases [member]
Disclosure of detailed information about borrowings [line items]
Short-term debt	$ 0	$ 0

XML

Debt - Summary of Long Term Debt Maturities (Detail) - MXN ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Disclosure of detailed information about borrowings [line items]
Long-term debt	$ 354,122,037	$ 408,565,066
2024 [member]
Disclosure of detailed information about borrowings [line items]
Long-term debt	12,920,231
2025 [member]
Disclosure of detailed information about borrowings [line items]
Long-term debt	11,571,475
2026 [member]
Disclosure of detailed information about borrowings [line items]
Long-term debt	30,182,574
2027 and thereafter [member]
Disclosure of detailed information about borrowings [line items]
Long-term debt	$ 299,447,757

XML

Debt - Summary of Senior Notes Outstanding (Detail) - MXN ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	$ 507,043,629	$ 510,589,480
U.S. dollars [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	150,624,187	164,945,155
Mexican pesos [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	83,377,777	53,554,397
Euros [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	114,882,469	129,358,533
Pound sterling [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	47,579,931	51,608,257
Brazilian reais [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	28,499,887	33,673,729
Japanese yen [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	1,542,968	1,924,847
Chilean pesos [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	3,582,591	3,964,099
Senior Notes 1 [member] | U.S. dollars [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	150,624,187	164,945,155
Senior Notes 1 [member] | Mexican pesos [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	83,377,777	53,554,397
Senior Notes 1 [member] | Euros [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	114,882,469	129,358,533
Senior Notes 1 [member] | Pound sterling [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	47,579,931	51,608,257
Senior Notes 1 [member] | Brazilian reais [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	28,499,887	33,673,729
Senior Notes 1 [member] | Japanese yen [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	1,542,968	1,924,847
Senior Notes 1 [member] | Chilean pesos [member]
Disclosure of Senior Notes Outstanding [Line Items]
Borrowings	$ 3,582,591	$ 3,964,099

XML

Financial Assets and Liabilities - Summary of Categorization of Financial Instruments, Excluding Cash and Cash Equivalents (Detail) - MXN ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Financial Assets:
Financial Assets	$ 324,827,314	$ 344,892,278
Financial Liabilities:
Financial Liabilities	633,179,177	648,038,187
Loans and receivables [member]
Financial Assets:
Financial Assets	170,295,834	163,488,725
Loans and receivables [member] | Related parties [member]
Financial Assets:
Financial Assets	1,395,450	2,287,213
Fair value through profit or loss [member]
Financial Assets:
Financial Assets	1,779,953	2,602,680
Fair value through OCI [member]
Financial Assets:
Financial Assets	83,138,508	95,409,260
Equity investments at fair value through OCI and other short term investments [member]
Financial Assets:
Financial Assets	74,517,951	88,428,111
Equity investments at fair value through OCI and other short term investments [member] | Fair value through OCI [member]
Financial Assets:
Financial Assets	68,627,966	88,428,111
Accounts receivable from subscribers distributors contractual assets and other net [member] | Loans and receivables [member]
Financial Assets:
Financial Assets	163,010,399	161,201,512
Financial instruments, class [member]
Financial Assets:
Financial Assets	1,779,953	2,602,680
Financial instruments, class [member] | Fair value through profit or loss [member]
Financial Assets:
Financial Assets	1,779,953	2,602,680
Liability Related to Right of Use of Assets [Member]
Financial Liabilities:
Financial Liabilities	131,467,840	134,148,811
Total Current Assets [Member] | Loans and receivables [member]
Financial Assets:
Financial Assets	170,295,834	163,488,725
Total Current Assets [Member] | Fair value through profit or loss [member]
Financial Assets:
Financial Assets	1,779,953	2,602,680
Total Current Assets [Member] | Fair value through OCI [member]
Financial Assets:
Financial Assets	68,627,966	88,428,111
Debt Instruments At Fair Value Through OCI [Member] | Fair value through OCI [member]
Financial Assets:
Financial Assets	14,510,542	6,981,149
Loans and receivables [member]
Financial Liabilities:
Financial Liabilities	813,946,131	826,435,278
Loans and receivables [member] | Related parties [member]
Financial Liabilities:
Financial Liabilities	6,037,132	7,224,218
Loans and receivables [member] | Equity investments at fair value through OCI and other short term investments [member] | Loans and receivables [member]
Financial Assets:
Financial Assets	5,889,985
Loans and receivables [member] | Debt [Member]
Financial Liabilities:
Financial Liabilities	507,043,629	510,589,480
Loans and receivables [member] | Accounts payable [Member]
Financial Liabilities:
Financial Liabilities	169,397,530	174,472,769
Loans and receivables [member] | Liability Related to Right of Use of Assets [Member]
Financial Liabilities:
Financial Liabilities	131,467,840	134,148,811
Fair value through profit or loss [Member]
Financial Liabilities:
Financial Liabilities	24,499,284	25,331,346
Fair value through profit or loss [Member] | Financial instruments, class [member]
Financial Liabilities:
Financial Liabilities	$ 24,499,284	$ 25,331,346

XML

Financial Assets and Liabilities - Summary of Fair Value for Financial Assets (Excluding Cash and Cash Equivalents) and Financial Liabilities (Detail) - MXN ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Assets:
Financial Assets	$ 324,827,314	$ 344,892,278
Current derivative financial assets	310,316,772	337,911,129
Liabilities:
Financial Liabilities	633,179,177	648,038,187
Debt [member]
Liabilities:
Financial Liabilities	477,212,053	488,558,030
Financial instruments, class [member]
Assets:
Financial Assets	1,779,953	2,602,680
Equity investments at fair value through OCI and other short term investments [member]
Assets:
Financial Assets	74,517,951	88,428,111
Pension plan assets [member]
Assets:
Financial Assets	206,205,923	208,526,619
Derivative Financial Instruments [Member]
Liabilities:
Financial Liabilities	24,499,284	25,331,346
Liability Related to Right of Use of Assets [Member]
Liabilities:
Financial Liabilities	131,467,840	134,148,811
Revalued Of Assets [Member]
Assets:
Financial Assets	27,812,945	38,353,719
Debt Instruments At Fair Value Through OCI [Member]
Assets:
Equity investments at fair value through OCI and other short-term investments	14,510,542	6,981,149
Level 1 [member]
Assets:
Financial Assets	265,532,404	281,257,799
Current derivative financial assets	260,499,807	281,257,799
Liabilities:
Financial Liabilities	481,122,722	505,858,206
Level 1 [member] | Debt [member]
Liabilities:
Financial Liabilities	349,654,882	371,709,395
Level 1 [member] | Equity investments at fair value through OCI and other short term investments [member]
Assets:
Financial Assets	68,627,966	88,428,111
Level 1 [member] | Pension plan assets [member]
Assets:
Financial Assets	191,871,841	192,829,688
Level 1 [member] | Liability Related to Right of Use of Assets [Member]
Liabilities:
Financial Liabilities	131,467,840	134,148,811
Level 1 [member] | Debt Instruments At Fair Value Through OCI [Member]
Assets:
Equity investments at fair value through OCI and other short-term investments	5,032,597
Level 2 [member]
Assets:
Financial Assets	25,556,120	25,241,490
Current derivative financial assets	16,078,175	18,260,341
Liabilities:
Financial Liabilities	152,056,455	142,179,981
Level 2 [member] | Debt [member]
Liabilities:
Financial Liabilities	127,557,171	116,848,635
Level 2 [member] | Financial instruments, class [member]
Assets:
Financial Assets	1,779,953	2,602,680
Level 2 [member] | Pension plan assets [member]
Assets:
Financial Assets	14,298,222	15,657,661
Level 2 [member] | Derivative Financial Instruments [Member]
Liabilities:
Financial Liabilities	24,499,284	25,331,346
Level 2 [member] | Debt Instruments At Fair Value Through OCI [Member]
Assets:
Equity investments at fair value through OCI and other short-term investments	9,477,945	6,981,149
Level 3 [member]
Assets:
Financial Assets	33,738,790	38,392,989
Current derivative financial assets	33,738,790	38,392,989
Level 3 [member] | Equity investments at fair value through OCI and other short term investments [member]
Assets:
Financial Assets	5,889,985
Level 3 [member] | Pension plan assets [member]
Assets:
Financial Assets	35,860	39,270
Level 3 [member] | Revalued Of Assets [Member]
Assets:
Financial Assets	$ 27,812,945	$ 38,353,719

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Financial Assets and Liabilities - Additional Information (Detail) - MXN ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Disclosure of detailed information about financial instruments [line items]
Transfers out of Level 1, Level 2 and Level 3 of fair value hierarchy	$ 0	$ 0
Level 2 [member]
Disclosure of detailed information about financial instruments [line items]
Net realized gains (losses) related to derivative financial instruments	$ (9,051,611)	$ (1,444,143)

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Shareholders' Equity - Additional Information (Detail) - MXN ($) $ / shares in Units, $ in Thousands					9 Months Ended	12 Months Ended
	Nov. 13, 2023	Jul. 17, 2023	Apr. 27, 2023	Apr. 20, 2022	Sep. 30, 2023	Dec. 31, 2022
Disclosure of classes of share capital [line items]
Capital requirements					$ 238,749
Number of shares issued					63,220,260,000
Number of shares outstanding						63,325,000,000
Number of treasury shares held					341,260,000	56,000,000
Dividends paid			$ 0.46
Periodic payment of dividend	$ 0.23	$ 0.23
Legal reserve					$ 358,440	$ 358,440
Amount of Mexican withholding tax					10.00%
Legal reserve [member]
Disclosure of classes of share capital [line items]
Legal reserve as a percentage of capital stock					20.00%
Bottom of range [member] | Legal reserve [member]
Disclosure of classes of share capital [line items]
Percentage of net profit to be allocated to legal reserve					5.00%
Capital Stock Class Aa [member]
Disclosure of classes of share capital [line items]
Number of shares outstanding					20,554,697,460	20,554,697,460
Dividends paid				$ 0.44
Capital Stock Class A [member]
Disclosure of classes of share capital [line items]
Number of shares outstanding					488,283,894	488,283,894
Dividends paid				0.44
Capital Stock Class L [member]
Disclosure of classes of share capital [line items]
Number of shares outstanding					42,282,018,646	42,282,018,646
Dividends paid				$ 0.44
Capital Stock Class B [Member]
Disclosure of classes of share capital [line items]
Number of shares outstanding					62,879,000,000

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Components of other comprehensive loss - Summary of Movement on Components of Other Comprehensive Loss (Detail) - MXN ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Controlling interest:
Unrealized loss on equity investments at fair value, net of deferred taxes	$ (3,630,663)	$ (5,699,392)	[1]
Translation effect by discontinued operations		(1,750,472)
Total equity attributable to equity holders of the parent [member]
Controlling interest:
Unrealized loss on equity investments at fair value, net of deferred taxes	(3,630,663)	(5,699,392)
Translation effect of foreign entities	(25,259,730)	(23,903,935)
Translation effect by discontinued operations		(1,750,472)
Remeasurement of defined benefit plan, net of deferred taxes		294,922
Non-controlling interest of the items above	(2,254,566)	(4,679,057)
Other comprehensive loss	$ (31,144,959)	$ (35,737,934)

[1] Restated for discontinued operations.

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Valuation of derivatives interest cost from labor obligations and other financial items net - Schedule of Valuation of Derivatives and Other Financial Items (Detail) - MXN ($) $ in Thousands		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022
Disclosure of detailed information about financial instruments [abstract]
Loss in valuation of derivatives, net		$ (14,583,677)	$ (33,682,405)
Capitalized interest income		998,616	1,149,241
Commissions		(854,342)	(770,028)
Interest cost of labor obligations		(10,373,166)	(9,287,660)
Dividend received		3,884,554	5,433,823
Gain on net monetary positions		12,310,469	9,773,317
Contractual earn-out Verizon		1,345,103	2,298,533
Impairment to accounts receivable – ClaroVTR		(8,238,393)
Impairment to investment – ClaroVTR		(4,677,782)
TracFone contractual compensation		(647,013)
DISH uncollectible allowance		(613,515)
Dividend prescription America Movil			885,877
Other financial cost	[1]	136,422	497,828
Total		$ (21,312,724)	$ (23,701,474)	[2]

[1] Excludes discontinued operations of Chile and Panama (See Note 2b)

[2] Restated for discontinued operations.

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Segments - Additional Information (Detail) - Operating segments [member]	9 Months Ended
	Sep. 30, 2023
Disclosure of Operating Segments [Line Items]
Percentage of entity revenue	10.00%
Percentage of taxable profit	10.00%
Percentage of consolidated assets	10.00%

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Segments - Summary of Operating Segments (Detail) - MXN ($) $ in Thousands		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022		Dec. 31, 2022
Disclosure of Operating Segments [Line Items]
External revenues		$ 615,300,254	$ 628,539,367
Total revenues		615,300,254	628,539,367	[1]
Depreciation and amortization		115,327,084	118,564,551	[1]
Operating income		125,975,990	126,185,361
Interest income		6,644,562	3,112,308	[1]
Interest expense		32,294,735	30,940,340	[1]
Income tax		29,112,504	35,657,332	[1]
Equity interest in net income (loss) of associated companies		(3,731,486)	48,014
Net profit (loss) attributable to equity holders of the parent continues operations		58,048,606	59,778,075	[1]
Net profit attributable to equity holders of the parent discontinued operations		0	2,671,630	[1]
Net profit (loss) attributable to equity holders of the parent		58,048,606	62,449,705
Assets by segment		1,592,142,075	1,630,303,568		$ 1,618,099,344
Plant, property and equipment, net		605,775,298	624,738,341
Revalued of assets		27,812,945	39,658,170
Goodwill		146,593,836	143,330,328		141,121,365
Trademarks, net		2,732,409	2,924,187
Licenses and rights, net		100,482,069	112,920,618
Investments in associated companies		16,010,740	3,142,178
Liabilities by segments		1,167,597,954	1,198,747,154		$ 1,180,270,071
Operating segments [member] | Mexico [member]
Disclosure of Operating Segments [Line Items]
External revenues		183,326,820	173,172,999
Intersegment revenues		7,282,073	6,693,842
Total revenues		190,608,893	179,866,841
Depreciation and amortization		19,854,926	19,630,572
Operating income		62,193,205	56,239,177
Interest income		19,632,757	13,450,786
Interest expense		20,369,944	18,595,453
Income tax		22,039,911	21,757,834
Equity interest in net income (loss) of associated companies		(3,797,172)	34,540
Net profit (loss) attributable to equity holders of the parent continues operations			53,728,501
Net profit (loss) attributable to equity holders of the parent		28,946,397	53,728,501
Assets by segment		1,030,522,792	1,050,721,746
Plant, property and equipment, net		46,104,250	49,659,959
Goodwill		26,450,092	23,296,674
Trademarks, net		109,232	106,771
Licenses and rights, net		10,751,301	10,870,850
Investments in associated companies		21,458,537	3,750,083
Liabilities by segments		651,378,535	633,866,917
Operating segments [member] | Telmex [member]
Disclosure of Operating Segments [Line Items]
External revenues		63,385,410	59,941,741
Intersegment revenues		12,447,157	12,078,536
Total revenues		75,832,567	72,020,277
Depreciation and amortization		10,661,824	9,815,473
Operating income		9,478,594	9,804,633
Interest income		1,090,456	555,563
Interest expense		5,442,770	2,043,815
Income tax		(145,184)	1,730,732
Equity interest in net income (loss) of associated companies		28,384	22,459
Net profit (loss) attributable to equity holders of the parent continues operations			(1,981,977)
Net profit (loss) attributable to equity holders of the parent		(4,035,727)	(1,981,977)
Assets by segment		237,903,064	208,717,113
Plant, property and equipment, net		145,781,937	128,057,776
Goodwill		215,381	215,381
Trademarks, net		95,212	126,442
Licenses and rights, net		98,630	112,302
Investments in associated companies		574,192	544,058
Liabilities by segments		230,678,142	190,971,198
Operating segments [member] | Brazil [member]
Disclosure of Operating Segments [Line Items]
External revenues		120,643,031	123,960,091
Intersegment revenues		3,342,344	2,517,238
Total revenues		123,985,375	126,477,329
Depreciation and amortization		32,948,124	32,355,992
Operating income		18,413,105	18,586,084
Interest income		3,318,180	1,713,993
Interest expense		19,273,742	17,643,103
Income tax		654,368	(107,876)
Equity interest in net income (loss) of associated companies		24,249	10,642
Net profit (loss) attributable to equity holders of the parent continues operations			4,110,728
Net profit (loss) attributable to equity holders of the parent		4,346,285	4,110,728
Assets by segment		388,792,356	401,470,870
Plant, property and equipment, net		152,498,377	156,556,259
Revalued of assets			0
Goodwill		29,800,253	31,068,497
Trademarks, net		1,221
Licenses and rights, net		33,300,938	37,967,828
Investments in associated companies		49,427	86,784
Liabilities by segments		322,742,258	294,931,188
Operating segments [member] | Southern Cone [member]
Disclosure of Operating Segments [Line Items]
External revenues	[2]	25,589,086	31,364,649
Intersegment revenues	[2]	37,453	(76,302)
Total revenues	[2]	25,626,539	31,288,347
Depreciation and amortization	[2]	7,138,235	7,573,737
Operating income	[2]	836,693	2,662,681
Interest income	[2]	486,484	612,437
Interest expense	[2]	1,474,895	2,199,390
Income tax	[2]	(2,325,567)	1,532,415
Equity interest in net income (loss) of associated companies	[2]	(2,815)	(528)
Net profit (loss) attributable to equity holders of the parent continues operations	[2]		848,256
Net profit (loss) attributable to equity holders of the parent	[2]	(143,764)	848,256
Assets by segment	[2]	81,116,527	133,019,538
Plant, property and equipment, net	[2]	39,540,047	62,710,762
Revalued of assets	[2]		0
Goodwill	[2]	201,265	2,295,155
Licenses and rights, net	[2]	12,018,537	15,372,115
Investments in associated companies	[2]	(12,872)	(22,937)
Liabilities by segments	[2]	46,077,687	73,669,413
Operating segments [member] | Colombia [member]
Disclosure of Operating Segments [Line Items]
External revenues		45,573,769	55,577,412
Intersegment revenues		246,029	284,947
Total revenues		45,819,798	55,862,359
Depreciation and amortization		9,687,040	10,016,934
Operating income		7,317,594	11,232,978
Interest income		645,925	504,971
Interest expense		2,489,576	1,969,055
Income tax		835,905	2,250,229
Net profit (loss) attributable to equity holders of the parent continues operations			5,057,140
Net profit (loss) attributable to equity holders of the parent		3,180,166	5,057,140
Assets by segment		114,451,892	105,867,593
Plant, property and equipment, net		49,660,991	46,760,727
Revalued of assets		7,990,278	8,647,734
Goodwill		9,134,535	12,742,478
Licenses and rights, net		8,156,321	9,134,619
Liabilities by segments		58,557,943	55,487,418
Operating segments [member] | Andean [member]
Disclosure of Operating Segments [Line Items]
External revenues		40,784,677	40,900,522
Intersegment revenues		50,594	56,598
Total revenues		40,835,271	40,957,120
Depreciation and amortization		7,705,756	7,973,246
Operating income		8,582,308	5,750,496
Interest income		1,620,722	633,511
Interest expense		1,222,209	702,871
Income tax		3,330,258	1,775,276
Net profit (loss) attributable to equity holders of the parent continues operations			4,290,589
Net profit (loss) attributable to equity holders of the parent		6,476,390	4,290,589
Assets by segment		92,960,971	83,344,448
Plant, property and equipment, net		29,654,941	32,923,637
Revalued of assets			6,691,780
Goodwill		4,620,773	4,680,898
Trademarks, net		570
Licenses and rights, net		3,339,628	4,593,871
Liabilities by segments		40,753,768	35,050,731
Operating segments [member] | Central America [member]
Disclosure of Operating Segments [Line Items]
External revenues	[3]	32,815,550	35,271,222
Intersegment revenues	[3]	73,754	131,015
Total revenues	[3]	32,889,304	35,402,237
Depreciation and amortization	[3]	7,774,150	8,217,529
Operating income	[3]	4,826,064	6,760,634
Interest income	[3]	466,514	274,680
Interest expense	[3]	933,496	811,202
Income tax	[3]	1,314,679	1,808,111
Equity interest in net income (loss) of associated companies	[3]	(645)
Net profit (loss) attributable to equity holders of the parent continues operations	[3]		4,283,706
Net profit (loss) attributable to equity holders of the parent	[3]	3,191,646	4,283,706
Assets by segment	[3]	90,174,355	85,906,325
Plant, property and equipment, net	[3]	40,204,241	38,481,018
Revalued of assets	[3]		0
Goodwill	[3]	6,290,086	6,323,205
Licenses and rights, net	[3]	4,967,979	3,803,556
Investments in associated companies	[3]	21,139	24,894
Liabilities by segments	[3]	34,556,739	31,004,610
Operating segments [member] | Caribbean [member]
Disclosure of Operating Segments [Line Items]
External revenues		28,317,264	29,352,658
Intersegment revenues		899,205	1,465,986
Total revenues		29,216,469	30,818,644
Depreciation and amortization		5,272,622	5,357,477
Operating income		6,309,274	6,657,361
Interest income		1,147,198	406,424
Interest expense		1,229,509	754,293
Income tax		1,535,248	2,279,688
Net profit (loss) attributable to equity holders of the parent continues operations			3,727,793
Net profit (loss) attributable to equity holders of the parent		4,365,631	3,727,793
Assets by segment		103,282,962	102,864,039
Plant, property and equipment, net		36,373,908	42,377,462
Revalued of assets			1,592,140
Goodwill		14,186,723	14,186,723
Trademarks, net		199,664	241,987
Licenses and rights, net		9,112,039	10,773,291
Liabilities by segments		49,060,210	53,039,683
Operating segments [member] | Europe [member]
Disclosure of Operating Segments [Line Items]
External revenues		74,864,647	78,998,073
Total revenues		74,864,647	78,998,073
Depreciation and amortization		15,611,301	17,256,032
Operating income		12,140,762	12,976,982
Interest income		307,387	156,211
Interest expense		1,432,444	979,499
Income tax		2,300,165	2,573,925
Equity interest in net income (loss) of associated companies		16,513	(19,099)
Net profit (loss) attributable to equity holders of the parent continues operations			9,529,969
Net profit (loss) attributable to equity holders of the parent		8,535,407	9,529,969
Assets by segment		147,490,187	149,230,066
Plant, property and equipment, net		67,032,522	68,193,484
Revalued of assets		19,822,667	22,726,516
Goodwill		55,694,728	48,521,317
Trademarks, net		2,326,510	2,448,987
Licenses and rights, net		18,736,696	20,292,186
Investments in associated companies		18,463	21,536
Liabilities by segments		92,192,262	95,495,024
Eliminations [member]
Disclosure of Operating Segments [Line Items]
Intersegment revenues		(24,378,609)	(23,151,860)
Total revenues		(24,378,609)	(23,151,860)
Depreciation and amortization		(1,326,894)	(367,559)
Operating income		(4,121,609)	(4,485,665)
Interest income		(22,071,061)	(15,196,268)
Interest expense		(21,573,850)	(14,758,341)
Income tax		(427,279)	56,998
Net profit (loss) attributable to equity holders of the parent continues operations			(23,816,630)
Net profit (loss) attributable to equity holders of the parent		3,186,175	(23,816,630)
Assets by segment		(694,553,031)	(690,838,170)
Plant, property and equipment, net		(1,075,916)	(982,743)
Investments in associated companies		(6,098,146)	(1,262,240)
Liabilities by segments		$ (358,399,590)	$ (264,769,028)

[1] Restated for discontinued operations.

[2] Restated for discontinued operations for the nine-month period ended September 30, 2022 ClaroVTR.

[3] Restated for discontinued operations for the nine-month period ended September 30, 2022 (Panama disposal).

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Subsequent Events - Additional Information (Detail) - CLP ($) $ in Billions		12 Months Ended
	Nov. 29, 2023	Dec. 31, 2022	Dec. 26, 2023
Claro VTR [Member]
Disclosure of non-adjusting events after reporting period [line items]
Proportion of ownership interest in joint venture		50.00%
Claro VTR [Member] | Liberty Latin America [Member]
Disclosure of non-adjusting events after reporting period [line items]
Proportion of ownership interest in joint venture		50.00%
Claro VTR [Member] | Liberty Latin America [Member] | Transaction Agreement For Additional Capital Requirement Of The Joint Venture [Member] | Calendar Year Two Thousand And Twenty Three Through June Two Thousand And Twenty Four [Member]
Disclosure of non-adjusting events after reporting period [line items]
Capital commitement			$ 972.4
Convertible Notes [Member] | Claro VTR [Member]
Disclosure of non-adjusting events after reporting period [line items]
Proportion of ownership interest in joint venture		50.00%
Convertible Notes [Member] | Claro VTR [Member] | Liberty Latin America [Member]
Disclosure of non-adjusting events after reporting period [line items]
Proportion of ownership interest in joint venture		50.00%
Acquistion of additional interest in the existing subisidiary company [Member] | Telekom Austria AG [member] | ASHMORE AND CARTIER IS
Disclosure of non-adjusting events after reporting period [line items]
Proportion of ownership interest in subsidiary	58.00%