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“América Móvil terminates agreement to acquire Digicel’s operations in El Salvador”

Mexico City, Mexico, October 11, 2012 -- América Móvil, S.A.B. de C.V. (“AMX”) (BMV: AMX; NYSE: AMX; NASDAQ: AMOV; LATIBEX: XAMXL), announced today, that in conjunction with Digicel Group Limited and its affiliates (“Digicel”), has terminated the agreement to acquire 100% of Digicel's operations in El Salvador.

About AMX

AMX is the leading provider of wireless services in Latin America. As of June 30, 2012, it had approximately 252 million wireless subscribers and approximately 61 million fixed revenue generating units in the Americas.

Legal Disclaimer. This press release contains certain forward-looking statements that reflect the current views and/or expectations of AMX and its management with respect to its performance, business and future events. We use words such as “believe,” “anticipate,” “plan,” “expect,” “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “should” and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. AMX is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.