America Movil SAB de CV (
Q2 2011 Earnings Call
July 21, 2011 10:00 AM ET
Michel Morin – Morgan Stanley
Daniel Hajj Aboumrad – CEO
Carlos José García Moreno Elizondo – CFO
Oscar Von Hauske – COO, Wireline
Ric Prentiss – Raymond James
Andrew Campbell – Credit Suisse
James Breen – William Blair
Christopher King – Stifel Nicolaus
Tomás Lajous – UBS
Sean Glickenhaus – HSBC
Gray Powell – Wells Fargo
Stanley Martinez – Legal & General
Mauricio Fernandes – Bank of America/Merrill Lynch
Martín Lara (ph)
Carlos Sequeira – BTG Pactua
Andrés Medina Mora – GBM
Walter Piecyk – BTIG
Good morning. At this time, I would like to welcome everyone for the America Movil Second Quarter 2011 Conference Call. Now I’d like to turn the call over to Mr. Michel Morin. Mr. Morin, you may begin your conference.
Thank you, Nateda. Good morning, everyone. On behalf of Morgan Stanley, I’d like to welcome everyone to America Movil’s second quarter results call. Today on the line with us, we have Daniel Hajj, the CEO; Carlos Garcia Moreno, CFO; Oscar Von Hauske, the Wireline COO; and Daniela Lecuona, Investor Relations Officer. So without further ado, let me turn it over to Daniel.
Daniel Hajj Aboumrad
Thank you, Michel. Thank you. Welcome everybody. Carlos is going to make the summary of the second quarter results.
Carlos José García Moreno Elizondo
Hello, good morning everyone. Thank you Michel for hosting the call. Well, we added in the second quarter – I mean, we added 5.1 million wireless subscribers. That was unfortunately half what we’ve done in quarter, we gained in the first half of the year. In June, we took over 6 million wireless hubs.