América Móvil, S.A.B. de C.V. (" AMX" or the " Company") (BMV: AMX) (NYSE: AMX) (NASDAQ: AMOV) (LATIBEX: XAMXL), announced today that, pursuant to the resolutions adopted at its Shareholder Meeting, held on October 6, 2016, relating to the delisting of its American Depositary Shares representing Series A shares of the Company (the " ADSs", each ADS representing the right to receive 20 Series A shares of the Company), currently listed on the NASDAQ Stock Market (" NASDAQ"), the Company intends to transfer the listing of the ADSs from NASDAQ to the New York Stock Exchange (" NYSE").

The Company expects that the ADSs will be listed and begin trading on the NYSE on December 13, 2016 under the ticker symbol "AMOV" and that, in the meantime, the ADSs will continue to trade on NASDAQ.

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.

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