<SEC-DOCUMENT>0001292814-17-002612.txt : 20171026
<SEC-HEADER>0001292814-17-002612.hdr.sgml : 20171026
<ACCEPTANCE-DATETIME>20171025200647
ACCESSION NUMBER:		0001292814-17-002612
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20170930
FILED AS OF DATE:		20171026
DATE AS OF CHANGE:		20171025

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICA MOVIL SAB DE CV/
		CENTRAL INDEX KEY:			0001129137
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			O5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16269
		FILM NUMBER:		171154234

	BUSINESS ADDRESS:	
		STREET 1:		LAGO ZURICH 245
		STREET 2:		COLONIA GRANADA AMPLIACION
		CITY:			MEXICO DF
		STATE:			O5
		ZIP:			11529
		BUSINESS PHONE:		5255-2581-4449

	MAIL ADDRESS:	
		STREET 1:		LAGO ZURICH 245
		STREET 2:		COLONIA GRANADA AMPLIACION
		CITY:			MEXICO DF
		STATE:			O5
		ZIP:			11529

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICA MOVIL SA DE CV/
		DATE OF NAME CHANGE:	20010119

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICA  MOBILE
		DATE OF NAME CHANGE:	20001221

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN MOBILE
		DATE OF NAME CHANGE:	20001215
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>amxpr3q17_6k.htm
<DESCRIPTION>AMXPR3Q17_6K
<TEXT>

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   <TITLE>amxpr3q17_6k.htm - Generated by SEC Publisher for SEC Filing</TITLE>
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<DIV align=center><FONT color=#000000 size=4 face="Times New Roman"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Washington, D.C. 20549 </B></FONT></DIV><BR>

<DIV align=center></DIV><BR>

<DIV align=center><FONT color=#000000 size=4 face="Times New Roman"><B>FORM 6-K </B></FONT></DIV><BR>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Report of Foreign Private Issuer<BR>Pursuant to Rule 13a-16 or 15d-16 of the</FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Securities Excha</FONT><FONT color=#000000 size=3 face="Times New Roman">nge Act of 1934</FONT></DIV>

<DIV>&nbsp;</DIV>

<DIV align=center>

<DIV><FONT color=#000000 size=3 face="Times New Roman"><B>For the month of&nbsp;October, 2017</B></FONT></DIV><FONT color=#000000 size=3 face="Times New Roman"><B><BR></B></FONT><FONT color=#000000 size=3 face="Times New Roman"><B>Commission File Number: 1-16269 </B></FONT></DIV>

<DIV>&nbsp;</DIV>

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<DIV align=center><FONT color=#000000 size=4 face="Times New Roman"><B>AM&#201;RICA M&#211;VIL, S.A.B. DE C.V. </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Exact name of registrant as specified in its charter) </FONT></DIV>

<DIV align=center><FONT color=#000000 size=4 face="Times New Roman"><B>America Mobile</B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Translation of Registrant&#180;s name into English) </FONT></DIV>

<DIV>&nbsp;</DIV>

<DIV align=center></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><B>Lago Zurich 245<BR>Plaza Carso / Edificio Telcel<BR>Colonia Ampliaci&#243;n Granada&nbsp;<BR>Delegaci&#243;n Miguel Hidalgo,<BR>11529, Mexico City, Mexico<BR></B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Address of principal executive office)</FONT></DIV>

<DIV>&nbsp;</DIV>

<P></P>

<P></P>

<P></P>

<P></P>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark whether the registrant files or will file annual reports<BR>under cover Form 20-F or Form 40-F.&nbsp;<BR>Form 20-F ___X___ Form 40-F _______ </FONT>

<P><FONT size=2 face="Times New Roman, Times, Serif">Indicate by check mark if the Registrant is submitting this Form 6-K in paper as<BR>permitted by Regulation S-T Rule 101(b)(1):<BR>Yes _______ No ___X____<BR><BR>Indicate by check mark if the Registrant is submitting this Form 6-K in paper as<BR>permitted by Regulation S-T Rule 101(b)(7):<BR>Yes _______ No ___X____<BR><BR>Indicate by check mark whether the registrant by furnishing the information contained in this Form 6-K is also thereby furnishing the information to the<BR>Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.<BR>Yes _______ No ___X____ </FONT></P>

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<P></P>&nbsp; <A name="page_1"></A>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 5pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap-Bold>Am&#233;rica M&#243;vil&#8217;s third quarter of <BR>2017 financial and operating report</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 120%" color=black face=asap-regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><I><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 120%" color=#4c4c4c face=asap-italic>Mexico City, October 24, 2017 - Am&#233;rica M&#243;vil, S.A.B. de C.V. (&#8220;Am&#233;rica M&#243;vil&#8221;) [BMV: AMX] [NYSE: AMX, AMOV], announced today its financial and operating results for the third quarter of 2017. </FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><I><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 120%" color=#4c4c4c face=asap-italic></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 9.5pt; LINE-HEIGHT: 14pt" color=black face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 14pt" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Our postpaid wireless subscriber base continued to show solid growth as it registered an annual increase of 6.0% after net additions of 1.4 million in the quarter, including 699 thousand in Brazil and 202 thousand in Mexico. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 14pt" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>On the fixed-line platform broadband accesses were up 5.0% year-on-year after 345 thousand new access gains in the quarter, while our PayTV subscriber base registered 50 thousand disconnections.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 14pt" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Our third quarter revenues totaled 244 billion pesos, with service revenues coming in at 210 billion pesos. They were down 2.2% and 1.9% respectively in Mexican peso terms, but at constant exchange rates service revenues actually posted a 1.5% year-on-year increase. Revenue growth was affected by the natural disasters that hit Mexico, Puerto Rico and, to some extent, the U.S. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 14pt" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>In Mexico we opened the networks and public phones at no cost for five days, even to non-clients, and in Puerto Rico we credited back one month of fees to our postpaid clients and provided a 30 dollar bonus to our prepaids. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 14pt" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>In Latin America mobile data revenues led the way with a 24.3% annual increase, followed by fixed-broadband data, 5.2%, and PayTV revenues, 0.9%. In our European operations mobile data revenues were expanding 8.0%, with PayTV revenues growing 22.0%. Notwithstanding the economic impact of the earthquakes, our Mexican mobile operations continued recovering strongly, with service revenues climbing 8.5% year-on-year on the back of 21.3% data-services growth. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 14pt" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Our adjusted EBITDA&#8212;excluding an 18.5 billion pesos expense associated with an arbitration ruling in Colombia&#8212;came in at 66.3 billion pesos, down 2.1% in Mexican peso terms but up 1.3% at constant exchange rates. The EBITDA figure reflects even more than revenues the impact of the natural disasters in Mexico and Puerto Rico, given the expenses incurred.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 14pt" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>After comprehensive financing costs of 22.9 billion pesos, half of which arose from foreign exchange losses mostly incurred as a result of the depreciation of the Mexican peso vs. the U.S. dollar and the euro, we posted a net loss of 9.5 billion pesos. Adjusted for the Colombian ruling we would have had a net profit of 2.5 billion pesos.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -0.25in"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 14pt" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Our net debt ended September at 575.1 billion pesos, down from 629.7 billion in December 2016. It was equivalent to 2.0 times LTM Adjusted EBITDA. Capital expenditures totaled 84.3 billion pesos and net shareholder distributions 5.3 billion pesos in the nine months to September, after adjusting for dividends received from KPN.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=3 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil Fundamentals (IFRS)</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="70%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Earnings per Share (Mex$) </FONT><SUP><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.14</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.03</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Earning per ADR (US$) </FONT><SUP><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.16</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.03</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EBITDA per Share (Mex$) </FONT><SUP><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>(3)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.72</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.03</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EBITDA per ADR (US$)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.81</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.10</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Net Income (millions of Mex$)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-9,547</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,123</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average Shares Outstanding (billion<FONT size=2 face=Arial>s</FONT>)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>66.02</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>65.51</FONT>&nbsp;</TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=3 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) Net Income / Average Shares Outstanding</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=3 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) 20 shares per ADR</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=3 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(<FONT size=1 face=Arial>3</FONT>) EBITDA / Average Shares Outstanding</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_2"></A>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Relevant Events</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>On August 16<SUP>th</SUP>, the Mexican Supreme Court, resolved that the Zero-interconnection-rate regime defined by Congress in July 2014 is unconstitutional. It also resolved that the entity responsible for defining interconnection rates is the Instituto Federal de Telecomunicaciones "lFT". The IFT is currently defining what interconnection rate will apply, beginning in January 2018. The Supreme Court ruled that other carriers shall not compensate Telcel for the adverse effects caused by the zero-interconnection rate.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>On July 25<SUP>th</SUP>, in the context of an arbitration process initiated by Colombia&#8217;s Ministry of Information and Communications (&#8220;MinTIC&#8221;), an arbitration panel in Colombia ruled that our subsidiary Comcel was obliged to revert certain telecom assets to the Colombian Government under the terms of the original concession agreements granted in 1994 and extended through 2014.&nbsp; It further ruled that in order not to disrupt the public telecom service Comcel was to satisfy that obligation by instead paying to the Colombian Government an amount estimated to be the value of said assets.&nbsp; On August 29<SUP>th</SUP> Comcel paid under protest the amount defined by the panel which, at 3,155 billion Colombian pesos, was then equivalent to 1,070 million dollars. We have challenged the above ruling in all national and international forums available to us. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>On September 6<SUP>th</SUP> we reached an agreement to sell our 30% stake of Grupo Pachuca. We will maintain certain broadcasting rights over the national soccer clubs Pachuca, Le&#243;n and Mineros de Zacatecas, that will allow us to continue to develop sports content on our different platforms. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>On October 3<SUP>rd</SUP>, we closed a joint venture with JCDecaux that integrates into one business our respective out-of-home advertising units. We now own 40% of the combined business.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil&#8217;s Subsidiaries as of September 2017</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="25%" align=left>&nbsp; </TD>

   <TD width="25%" align=left>&nbsp; </TD>

   <TD width="25%" align=left>&nbsp; </TD>

   <TD width="25%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Equity</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Country</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Brand</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Business</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Participation</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telcel</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>98.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Secci&#243;n Amarilla </FONT><SUP><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>other</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>98.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telvista</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>other</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>90.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>97.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT><SUP><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Costa Rica</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dominicana</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>El Salvador</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>95.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Guatemala</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Honduras</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Nicaragua</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Panama</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Paraguay</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Puerto Rico</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Uruguay</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>USA</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Tracfone</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Netherlands</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>KPN</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>21.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Austria</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telekom Austria</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>51.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#4d4d4d size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) Equity participation of Telmex Internacional of which Am&#233;rica M&#243;vil owns 97.88%.</FONT></I></TD></TR></TABLE>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Access Lines</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>We ended September with 363 million access lines, with our fixed-RGUs increasing 0.5% and our wireless base declining 1.3%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Net subscriber additions for the third quarter came in at 330 thousand. On postpaid we added 1.4 million subscribers&#8212;including 699 thousand in Brazil and 202 thousand in Mexico&#8212;but disconnected just over one million prepaids. Our postpaid base was up 6.0% with Chile&#8217;s increasing 18.6% and Brazil&#8217;s 11.9%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>On the fixed-line platform, broadband accesses were up 5.0% year-on-year after 345 thousand new accesses in the quarter, most of them in Brazil, Central America, and Colombia. Our PayTV subscriber base was down 1.4% annually, with 50 thousand disconnections in the quarter.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD width="45%" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Subscribers as of September 2017</FONT>&nbsp;</TD>

   <TD width="11%" align=left>&nbsp; </TD>

   <TD width="11%" align=left>&nbsp; </TD>

   <TD width="11%" align=left>&nbsp; </TD>

   <TD width="11%" align=left>&nbsp; </TD>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="45%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" colSpan=5 align=center><STRONG><FONT size=1 face=Arial>Total</FONT></STRONG><B><SUP><FONT size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>(1) </FONT></SUP></B><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(Thousands)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="45%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Country</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Sep &#8217;17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun &#8217;17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Sep &#8217;16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay and Uruguay</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24,000</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,910</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,204</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Austria &amp; CEE</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,828</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,677</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,732</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>60,398</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>60,272</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>63,519</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Central America</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,653</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,499</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,880</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,583</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,551</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,426</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,880</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,798</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,500</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29,112</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29,225</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28,489</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,612</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,822</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,915</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>73,315</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>73,099</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>72,740</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,238</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,071</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,029</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>USA</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,743</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24,109</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26,486</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" width="45%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Wireless Lines</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>280,363</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>280,033</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>283,920</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" rowSpan=2 width="100%" colSpan=6 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) Includes total subscribers of all companies in which Am&#233;rica M&#243;vil holds an economic interest; does not consider the date in which the companies started being consolidated.</FONT></I></TD></TR>

<TR vAlign=bottom></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="45%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=6 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed-Line and Other Accesses (RGUs) as of September 2017</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="45%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" colSpan=5 align=center><STRONG><FONT size=1 face=Arial>Total</FONT></STRONG><B><SUP><FONT size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>(1) </FONT></SUP></B><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(Thousands)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="45%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Country</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Sep &#8217;17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun &#8217;17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Sep &#8217;16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay and Uruguay</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>663</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>644</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>603</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Austria &amp; CEE</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,015</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,899</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,607</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,962</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,972</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>36,983</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Central America</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,698</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,591</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,273</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,721</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,716</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,633</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,353</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,351</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,304</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,679</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,590</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,187</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>362</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>359</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>353</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,857</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,012</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,884</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,408</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,426</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,480</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" width="45%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total RGUs</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>82,719</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>82,561</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>82,307</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=6 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) Fixed Line, Broadband and Television (Cable &amp; DTH).</FONT></I></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in">&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

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<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_5"></A>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Am&#233;rica M&#243;vil Consolidated Results</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>The summer holidays came abruptly to an end as a number of natural disasters hit Mexico, the Caribbean and the U.S. At the same time, and after a period of relative calm in financial markets, information on the likely acceleration of wage inflation earlier this month revived talk of future inflationary pressures, with the Fed signaling it will continue raising rates, bringing about renewed volatility in emerging markets currencies.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Our third quarter revenues totaled 244 billion pesos, with service revenues coming in at 210 billion pesos. They were down 2.2% and 1.9% respectively in Mexican peso terms, but at constant exchange rates service revenues actually posted a 1.5% year-on-year increase.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>The latter figure reflects the impact of lost revenues in Mexico and Puerto Rico on account of the earthquakes and hurricane Maria. In Puerto Rico we provided bonuses to our prepaid clients and credited monthly fees to our postpaid clients; in Mexico, Telcel and Telmex opened their networks at no cost to their clients for five days, following the earthquakes on September 19<SUP>th</SUP>.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Consolidated service revenue growth reflects also the normalization of the annual base of comparison in the U.S., since in the third quarter of 2016 we incorporated certain T-Mobile&#8217;s subscribers, including their revenues and EBITDA. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Excluding Puerto Rico&#8212;where service revenues collapsed 17.4%&#8212;and the U.S., revenue trends in our other operations remained very much in line with those seen through the second quarter.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>In Latam overall, mobile data revenues led the way with a 24.3% annual increase, followed by fixed-broadband, at 5.2%, and PayTV revenues at 0.9%. In our European operations mobile data revenues were expanding 8.0%, with PayTV revenues growing 22.0%. The South American block posted the fastest rate of service revenue growth, 3.4%, followed by Europe, Central America and Mexico. In Mexico mobile service revenues continued to post a strong recovery even in spite of the earthquakes: they were up 8.5% in the quarter, compared to their 15.4% decline a year earlier. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Our adjusted EBITDA&#8212;excluding an item resulting from the arbitration ruling in Colombia described in the Relevant Events section, which is considered to be an operating expense&#8212;came in at 66.3 billion pesos, down 2.1% in Mexican peso terms, in line with the decline in total revenues. At constant exchange rates, it was up 1.3% in the quarter.&nbsp; The rate of growth of our adjusted EBITDA was more affected than that of revenues by the natural disasters in Mexico and Puerto Rico, since they had an impact on costs as well, particularly in Puerto Rico.</FONT></P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil&#8217;s Income Statement (IFRS) </FONT><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Mexican pesos</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan-Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan-Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>210,284</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>214,261</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>657,491</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>608,372</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33,905</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,449</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>100,284</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>97,706</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>244,189</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>249,710</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>757,775</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>706,078</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Cost of Service</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>78,526</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>80,948</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>245,890</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>228,538</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Cost of Equipment</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40,810</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>41,853</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>120,614</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>119,337</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Selling, General &amp; Administrative Expenses</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>56,799</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>57,961</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>179,165</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>163,366</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,770</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,218</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>45.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,955</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,390</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Costs and Expenses</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>177,905</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>181,981</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>550,625</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>515,632</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Adjusted EBITDA*</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>66,284</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>67,729</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>207,150</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>190,446</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% of Total Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Depreciation &amp; Amortization</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37,678</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37,671</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>117,019</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>106,588</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Adjusted EBIT*</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>28,605</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>30,058</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>90,131</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>83,858</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% of Total Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Net Interest Expense</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,482</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,016</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-19.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,295</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,204</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Financial Expenses</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,605</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,371</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-27.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,939</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,887</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-24.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Foreign Exchange Loss</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,835</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10,355</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-23,425</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24,020</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-197.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Comprehensive Financing Cost (Income)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>22,923</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>24,742</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-7.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,809</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>58,111</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-90.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Income &amp; Deferred Taxes</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,908</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,975</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28,560</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,745</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>226.6%</FONT>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=7>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Net Income before Minority</FONT>&nbsp;</TD>

   <TD width="10%" align=left>&nbsp; </TD>

   <TD width="10%" align=left>&nbsp; </TD>

   <TD width="10%" align=left>&nbsp; </TD>

   <TD width="10%" align=left>&nbsp; </TD>

   <TD width="10%" align=left>&nbsp; </TD>

   <TD width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Interest and Equity Participation in Results</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,774</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,341</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.0%</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>55,761</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17,002</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>228.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>of Affiliates</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR>

   <TD width="100%" colSpan=7>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equity Participation in Results of Affiliates</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>65</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-15.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>81</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>135</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-39.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Minority Interest</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1,311</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1,283</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3,156</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2,515</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-25.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Adjusted Net Income (Loss)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,518</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,123</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>18.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>52,687</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14,622</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>260.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Net Income (Loss)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-9,547</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,123</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>n.m.</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>40,621</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14,622</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>177.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" width="100%" colSpan=7 align=left>

   <P style="MARGIN-LEFT: 15pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Adjusted EBITDA and EBIT do not include the expense item associated with the arbitration ruling in Colombia of 18,548 million Mexican Pesos in the quarter, booked </FONT></I><FONT color=#828282 size=1 face=Arial><EM>as other expenses. The EBITDA for the quarter was 47,736 million Mexican Pesos, down 29.5% year-on-year. For more details please visit https://www.bmv.com.mx/en/issuers/financialinformation/AMX-6024-CGEN_CAPIT</EM></FONT></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>After comprehensive financing costs of 22.9 billion pesos, half of which arose from foreign exchange losses mostly incurred as a result of the depreciation of the Mexican peso vs. the U.S. dollar and the euro, we posted a net loss of 9.5 billion pesos in the quarter, principally on account of the Colombian ruling described above; in the absence of such ruling we would have had a net profit of 2.5 billion pesos.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" colSpan=6 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Balance Sheet (in accordance with IFRS) - Am&#233;rica M&#243;vil Consolidated </FONT><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Mexican Pesos</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Sep '17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Sep '17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Liabilities</FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Cash, Marketable</FONT>&nbsp;</TD>

   <TD align=left>&nbsp; </TD>

   <TD align=left>&nbsp; </TD>

   <TD align=left>&nbsp; </TD>

   <TD align=left>&nbsp; </TD>

   <TD align=left>&nbsp; </TD>

   <TD align=left>&nbsp; </TD>

   <TD align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Securities &amp; Other Short</FONT>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>78,531</FONT>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>78,076</FONT>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT>&nbsp;</TD>

   <TD align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Short Term Debt*</FONT>&nbsp;</P></TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>59,935</FONT>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>82,607</FONT>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-27.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Term I<FONT size=1 face=Arial>n</FONT>vestments</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Receivable</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>186,593</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>206,684</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-9.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Payable</FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>269,605</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>321,881</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-16.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Current Assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>22,382</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>20,279</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>10.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT size=1 face=Arial>Other Current</FONT>&nbsp;<FONT size=1 face=Arial>Liabilities</FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>75,073</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>65,515</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>14.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Inventories</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>37,077</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>36,871</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>404,612</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>470,003</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-13.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>324,583</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>341,909</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-5.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD></TR>

<TR>

   <TD colSpan=8>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Liabilities</FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Plant &amp; Equipment</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>623,119</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>701,190</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-11.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Long Term Debt</FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>593,662</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>625,194</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Investments in Affiliates</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2,926</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3,603</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-18.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Liabilities</FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>147,501</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>148,821</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>741,163</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>774,015</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.2%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Deferred Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Goodwill (Net)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>148,341</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>152,633</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Intangible Assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>116,901</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>128,598</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-9.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Shareholder's Equity</FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>249,562</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>271,024</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Deferred Assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>179,467</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>187,109</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left>&nbsp; </TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" colSpan=8>&nbsp;&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" vAlign=middle align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Assets</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" vAlign=middle align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,395,337</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" vAlign=middle align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,515,042</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" vAlign=middle align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-7.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" vAlign=middle align=left>

   <P style="MARGIN-LEFT: 10pt"><STRONG><FONT color=#007399 size=2 face=Arial>Total Liabilities</FONT></STRONG>&nbsp;<BR><STRONG><FONT color=#007399 size=2 face=Arial>and Equity</FONT></STRONG>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" vAlign=middle align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,395,337</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" vAlign=middle align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,515,042</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" vAlign=middle align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-7.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" colSpan=8 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Includes current portion of Long Term Debt.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Our net debt ended September at 575.1 billion pesos, down from 629.7 billion in December 2016. It was equivalent to 2.0 times LTM Adjusted EBITDA. In flow terms, not including the new obligation generated by the Colombian ruling, we reduced our net debt by 37.6 billion pesos. In addition, we covered capital expenditures in the amount of 84.3 billion pesos, acquired equity interests and paid down pension obligations in the amount of 4.0 billion pesos and 6.2 billion pesos, and distributed to our shareholders 5.3 billion pesos, of which 4.3 billion took the form of cash dividends after netting out 1.8 billion pesos in dividends received from KPN. (There were other non-cash dividends paid out in shares to investors that opted to receive shares instead of cash).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_8"></A>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="70%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=3 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Financial Debt of Am&#233;rica M&#243;vil* </FONT><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="70%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Sep -17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec -16</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Peso - denominated debt </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>74,918</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>87,527</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>72,607</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>72,416</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,311</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,111</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>U.S. Dollar - denominated debt </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(USD)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11,352</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10,656</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,936</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,936</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,416</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>720</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Euro - denominated Debt </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(EUR)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12,571</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,867</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,571</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,845</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Sterling - denominated Debt </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(GBP)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,750</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,750</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 12.823pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,750</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,750</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Reais - denominated Debt </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(BRL)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,706</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>545</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 12.823pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,000</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 12.823pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>706</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>545</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Debt denominated in other currencies </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>21,324</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23,195</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,236</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,069</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>88</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>126</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Debt </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>653,597</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>707,801</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Cash, Marketable Securities and Short Term Financial</FONT></B>&nbsp;<STRONG><FONT color=#007399 size=2 face=Arial>Investments </FONT></STRONG><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>78,531</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>78,076</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Net Debt </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>575,066</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 2px double" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>629,726</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" width="100%" colSpan=3 align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*This table does not include the effect of forwards and derivatives used to hedge the foreign exchange exposure. The debt figures include the </FONT></I><EM><FONT color=#828282 size=1 face=Arial>face value amount of the outstanding Am&#233;rica M&#243;vil hybrid bonds (1,450M euros and 550M sterling), but do not </FONT></EM><EM><FONT color=#828282 size=1 face=Arial>include the TKA hybrid bond </FONT></EM><EM><FONT color=#828282 size=1 face=Arial>(600M euros).</FONT></EM></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=3 align=left></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="70%" align=left></TD>

   <TD width="15%" align=left>&nbsp; </TD>

   <TD width="15%" align=left>&nbsp; </TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 5pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0in"><B><FONT lang=ES-TRAD style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap-Bold>Mexico</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>We added 202 thousand postpaid subscribers and 14 thousand prepaids to finish the quarter with a total of 73.3 million subscribers, slightly more than a year before.&nbsp; Our postpaid base posted a 6.6% year-on-year increase. On the fixed-line platform we had 21.9 million accesses, roughly flat vs. the year-earlier quarter, with net disconnections of 133 thousand fixed-voice lines but almost unchanged in broadband accesses.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Total revenues came in at 66.3 billion pesos and service revenues at 51.2 billion pesos. The latter were up 3.0% from the year-earlier quarter and 1.2% sequentially, with wireless service revenues increasing 8.5% year-on-year in spite of the impact of the earthquakes suffered in Mexico.&nbsp; On the fixed-line platform service revenues were up 0.6% in the period.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>After the earthquake of September 19<SUP>th</SUP> Telcel and Telmex opened up their networks at no cost for five days, including over 5000 WiFi hot-spots that could be used even by non-clients and public phones. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Third quarter EBITDA totaled 20.9 billion pesos, representing a 0.9% year-on-year increase, the first increase we have posted in 11 quarters. The EBITDA margin came in at 31.5% of total revenues and was 0.4 percentage points higher than a year before.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><B><FONT color=#4dd9ff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT></B><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Mexico </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of MxP</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues <FONT size=2 face=Arial>*</FONT></FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>66,253</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>66,480</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>195,551</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>196,414</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>51,163</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49,681</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>151,059</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>150,311</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>43,976</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>42,894</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>128,087</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>126,430</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30,443</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28,060</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>88,748</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>85,272</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,401</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14,750</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-9.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38,874</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40,079</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24,033</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>25,538</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>73,070</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>75,486</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20,875</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20,692</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>61,900</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>65,380</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-5.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,442</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,802</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>39,735</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>45,378</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-12.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=7 align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><EM><FONT color=#828282 size=1 face=Arial>and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.</FONT></EM></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><B><FONT color=#4dd9ff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Mexico Operating Data (IFRS)</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>73,315</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>72,740</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,560</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,787</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>60,755</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>60,953</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>475</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>442</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (MxP)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>139</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>128</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8.2%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.5%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.4)</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs) *</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>21,857</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>21,884</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Lines</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,625</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,845</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Broadband</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,231</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,039</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>* Fixed Line and Broadband.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 5pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap-Bold>Argentina, Paraguay and Uruguay</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>We finished the quarter with 24 million mobile clients, 3.4% more than a year before, and 663 thousand fixed-RGUs, up 9.9% year-on-year, as PayTV accesses expanded 18.0% in Paraguay.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Revenue growth remains strong with service revenues climbing 33.1% on the back of mobile data revenues that soared 59.6%. On the fixed-line platform revenues rose 20.8%; they account for 8% of the total. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>EBITDA grew almost in line with service revenues, 32.4%, to 4.5 billion Argentinean pesos. The EBITDA margin stood at 34.9%, a 1.5 percentage points margin expansion from the year before.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>In August we were granted the use of 20MHz in the 700 MHz band and 20 MHz in the 1700/2100 MHz (AWS-E) band in a public auction in Uruguay. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Argentina, Paraguay &amp; Uruguay </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of ARP</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,033</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10,281</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>26.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35,950</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>28,778</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>24.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10,680</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,025</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,417</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,398</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,193</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,655</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33,544</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27,007</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,830</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,397</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27,359</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,513</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,353</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,255</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,147</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,481</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>840</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>695</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,406</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,972</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,544</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,432</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>32.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12,812</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9,828</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>30.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,566</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,638</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10,016</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7,621</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>31.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>25.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=7 align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><EM><FONT color=#828282 size=1 face=Arial>and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.</FONT></EM></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay &amp; Uruguay Operating Data (IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>24,000</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23,204</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,444</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,460</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,556</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,744</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>90</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>100</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-10.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (ARP)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>136</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>107</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>28.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.3)</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs) *</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>663</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>603</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><STRONG><FONT color=#007298></FONT></STRONG>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Brazil</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>We gained 699 thousand postpaid clients in the quarter&#8212;twice as many as those added a year before&#8212;and disconnected 573 thousand prepaids, to finish September with 60.4 million subscribers. Our postpaid base was up 11.9% year-on-year. On the fixed-line front, RGUs ended the quarter at nearly 36 million; we added 162 thousand broadband accesses but disconnected 165 thousand satellite Pay TV clients.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>We generated revenues of 8.8 billion reais, with service revenues that came down 1.5% year-on-year. Service revenues on the mobile platform were up 3.5%&#8212;on the back of data that climbed 33.6%&#8212;and down 3.4% on the fixed-line one pressured by voice and PayTV revenues. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>At 2.6 billion reais, EBITDA was up 5.9% year-on-year, with the EBITDA margin climbing 2.3 percentage-points from the year-earlier quarter, to 28.8%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Brazil </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of BrL</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,843</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9,074</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.5%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>26,541</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>27,112</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,693</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,826</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26,095</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26,279</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,913</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,910</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,623</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,863</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,757</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,664</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,157</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,037</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>151</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>247</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-39.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>446</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>828</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-46.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,931</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,164</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17,918</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18,249</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,551</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,408</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7,441</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7,144</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>380</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>224</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>69.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>907</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>565</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>60.6%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I></TD></TR></TABLE>

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<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil Operating Data (IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>60,398</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>63,519</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19,338</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17,285</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>41,060</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>46,233</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-11.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>87</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>94</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-8.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (BrL)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>15</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.2)</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs) *</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35,962</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>36,983</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Chile</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>We had 6.9 million wireless subscribers in Chile at the end of September, 5.8% more than a year before, after adding 82 thousand subscribers, most of them postpaid. Fixed RGUs increased 3.8% relative to the prior year, with broadband accesses rising 13.5%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Revenues increased 13.1% year-on-year to reach 213 billion Chilean pesos as service revenues increased 9.6%. Mobile and fixed data revenues led the way, expanding in the period 26.9% and 21.4%, respectively. Revenues in the fixed platform represent 36.1% of total revenues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>EBITDA climbed 55.4% over the prior year to reach 31.5 billion Chilean pesos, equivalent to 14.8% of revenues. The EBITDA margin rose four percentage points in the last year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Chile </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of ChPL</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>212,529</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>187,836</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>623,296</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>554,260</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>189,083</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>172,493</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>554,650</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>506,217</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>141,028</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>122,462</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>412,035</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>362,614</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>117,578</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>107,230</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>343,358</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>314,096</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,446</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,343</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>52.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>68,646</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>48,043</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>42.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>79,515</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>70,975</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>233,104</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>208,378</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>31,549</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20,297</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>55.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>88,172</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>47,424</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>85.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-20,990</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-32,686</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-70,647</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-111,100</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>36.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-9.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-17.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-11.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-20.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=7 align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><EM><FONT color=#828282 size=1 face=Arial>and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.</FONT></EM></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile Operating Data (IFRS)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,880</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,500</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,826</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,539</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,054</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,961</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>127</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>149</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-15.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (ChP)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,858</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,626</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.1)</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs) *</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,353</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,304</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><STRONG><FONT color=#007298></FONT></STRONG>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Colombia</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>We added 51 thousand postpaid subscribers in the third quarter and disconnected 163 thousand prepaids to finish September with 29.1 million wireless subscribers, 2.2% more than a year before. Our postpaid base increased 6.1% annually to 6.6 million subscribers. On the fixed-line side, our fixed RGUs were up 8.0% to 6.7 million, with land-lines and broadband accesses expanding 11.9% and 9.0%, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Revenues rose 2.4% over the year to 2.8 trillion Colombian pesos with service revenues growing 3.7%.&nbsp; On the mobile platform, service revenues&#8212;which represent 64% of the total&#8212;increased 1.6% led by data revenues that were up 12.1%. On the fixed-line platform, revenues expanded 9.2% on the back of data services and PayTV, that increased 9.2% and 15.2% respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>EBITDA has been adjusted for a cash payment of 3,155 billion Colombian pesos made to the Colombian Government and described in the Relevant Events section. The quarter&#8217;s adjusted EBITDA at 1.1 trillion Colombian pesos is 9.1% higher than that of the year-earlier quarter, with the EBITDA margin increasing 2.5 percentage points to 40.1%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Colombia </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Billions of COP</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,800</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,734</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,372</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,134</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,281</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,199</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,809</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,551</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,012</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,991</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,060</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,979</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,469</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,446</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,457</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,360</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>511</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>528</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,543</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,562</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>845</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>773</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,481</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,234</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Adjusted EBITDA*</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,123</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,030</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,336</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,966</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>36.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Adjusted EBIT*</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>645</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>582</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,925</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,647</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=7 align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><EM><FONT color=#828282 size=1 face=Arial>and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues. Adjusted </FONT></EM><EM><FONT color=#828282 size=1 face=Arial>EBITDA for a cash payment of 3,155 billion Colombian pesos associated to the reversal of telecom assets under our concession titles.</FONT></EM></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia Operating Data (IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers* (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>29,112</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>28,489</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.2%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,604</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,224</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,508</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,265</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>194</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>212</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-8.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (COP)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16,641</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16,854</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.4</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)**</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,679</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,187</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=4 align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Due to differences in the policy for accounting active subscribers, the figures in this report are different from those published by the Ministry of Communications of Colombia (MinTIC).</FONT></I></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>**Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT size=2></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Ecuador</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>We ended the quarter with 8.6 million subscribers after disconnecting 210 thousand clients, all of which were prepaid. On the postpaid segment, we registered net gains of 41 thousand subscribers. Fixed-broadband and PayTV accesses observed annual increases of 10.5% and 3.9%, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Revenues were down 8.6% to 325 million dollars, with service revenues falling 6.8% year-on-year, dragged by voice revenues that declined 21.6% on the mobile platform on account of aggressive competition in the prepaid segment. The pace of service revenue decline has been reduced from -9.2% in the second quarter and -10.9% in the first. Mobile data revenues are contributing to the stabilization of revenues, having increased 9.5% annually. Albeit from a small base, fixed service revenues had a strong performance, rising 38.7% in the period. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Third quarter EBITDA totaled 125 million dollars or 38.6% of revenues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Ecuador </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Dollars</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>325</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>356</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-8.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>991</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,085</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-8.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>283</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>303</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>850</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>934</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-9.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>305</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>341</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>929</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,040</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>263</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>289</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-9.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>792</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>891</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-11.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>42</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>52</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-20.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>138</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>150</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>62</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>45</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>36.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>125</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>154</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-18.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>379</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>458</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-17.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>43.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>42.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>73</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>102</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-28.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>222</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>302</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-26.6%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=7 align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions. We merged the fixed and mobile companies in 4Q16, 3Q16 figures were adjusted for comparison purposes</FONT></I></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador Operating Data (IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,612</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,915</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,520</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,659</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,091</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,256</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>318</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>214</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>48.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-7.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.5</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs) *</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>362</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>353</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.6%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Peru</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>At the end of September we had 12.2 million wireless subscribers, 1.7% more than a year before, after net additions of 167 thousand clients in the quarter, including 19 thousand postpaid subscribers. Additionally, we had 1.4 million fixed-line RGUs, a 4.8% reduction from a year before because of the disconnection of land-line subscriptions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>The quarter&#8217;s revenues were up 2.8% to 1.4 billion soles. Mobile service revenues&#8212; 82% of the total&#8212;expanded 5.6% on the back of 20.6% mobile-data growth as we continued with the expansion of our 4G-LTE networks. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>With better revenue trends and strict cost controls, EBITDA surged 43.9% year-on-year to 353 million soles and the EBITDA margin climbed 7.4 percentage points to 26.0%. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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&nbsp; <A name="page_15"></A>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Peru </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Soles</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,359</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,322</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,047</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,864</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,183</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,143</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,514</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,376</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,147</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,102</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,414</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,225</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>964</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>913</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,852</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,707</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>176</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>175</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>531</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>481</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>212</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>220</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>633</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>640</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>353</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>245</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>43.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>948</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>710</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>33.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>162</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>66</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>143.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>388</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>195</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>99.2%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru Operating Data (IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12,238</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12,029</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,081</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,094</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,158</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,936</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>214</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>188</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (Sol)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>26</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>25</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.0)</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs) *</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,408</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,480</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>* Fixed Line, Broadband and Television</FONT></I></TD></TR></TABLE>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Central America</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Altogether, our Central American operations added 154 thousand mobile subscribers to finish September with 15.7 million clients. On the fixed-line platform we were just shy of six million accesses, an increase of 1.9% over the previous quarter and 8.1% over the year; growth was driven by broadband accesses, up 15.8%. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Revenues rose 2.4% year-on-year to 582 million dollars, with service revenues rising 1.3% driven by data revenue growth&#8212;11.3% on the fixed-line platform and 9.9% on the mobile one. Pay TV revenues were up 6.9% year-on-year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Third quarter EBITDA, 207 million dollars, increased 6.2%, with the EBITDA margin expanding 1.3 percentage points to 35.6%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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&nbsp; <A name="page_16"></A>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Central America </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Dollars</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>582</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>568</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,727</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,682</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.6%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>535</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>528</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,591</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,570</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>383</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>386</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,143</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,141</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>344</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>344</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,028</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,025</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>112</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>111</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>201</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>186</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>592</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>553</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>207</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>195</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>606</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>582</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>78</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>49</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>57.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>218</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>164</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>33.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=7 align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><EM><FONT color=#828282 size=1 face=Arial>and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues.</FONT></EM></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Central America Operating Data (IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>15,653</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>15,880</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,367</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,334</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,287</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,545</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>162</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>162</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.4</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs) *</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,698</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,273</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Caribbean</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>At the end of the quarter we had 5.6 million wireless subscribers&#8212;2.9% more than last year&#8217;s&#8212;after adding 32 thousand new clients. The postpaid base grew 4.7% to 1.8 million. Fixed RGUs reached 2.7 million accesses, up 3.4%, with Pay TV expanding 12.4%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>On the revenue side the quarter&#8217;s figure reflects a drop of 17.7% for Puerto Rico taking the consolidated figure for the Caribbean to 441 million dollars, 9.4% less than a year before. In the Dominican Republic, service revenues were growing 1.5% year-on-year on the back of data revenues that expanded 8.7% annually. On the fixed-line segment we continue to experience solid growth as we expand broadband accesses and corporate services. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>EBITDA declined 22.2% year-on-year to 122 million dollars with an EBITDA margin at 27.7% of revenues reflecting a 4.8 percentage point reduction from the prior quarter. The loss in EBITDA resulted from the revenue losses&#8212;including bonuses provided to our clients of 30 USD to prepaid clients and one month of service to postpaid subscribers&#8212;and the extraordinary operating costs in the aftermath of hurricane Maria, that hit the island on September 20<SUP>th</SUP>. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Among several issues, the island remained with no electrical power for some days and currently energy has been restored in only 15% of the territory. We experienced damages in our networks including some fallen towers and damages to the outside plant, including cuts in the metropolitan fiber rings. We are addressing these issues to reestablish communications services.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Caribbean </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Dollars</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>441</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>487</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-9.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,399</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,462</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>393</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>431</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,236</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,296</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>234</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>270</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-13.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>770</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>820</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>192</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>222</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-13.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>625</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>672</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>43</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>151</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>151</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>207</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>217</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>630</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>642</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>122</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>157</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-22.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>434</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>455</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>49</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>92</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-46.5%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>230</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>241</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=7 align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; Wireless Revenues </FONT></I><EM><FONT color=#828282 size=1 face=Arial>and Fixed Line and Other Revenues only exclude intercompany transactions with foreign subsidiaries. The sum of the parts will not equal Total Revenues. </FONT></EM><EM><FONT color=#828282 size=1 face=Arial>2Q16 figures have been adjusted to incorporate accounting changes in equipment revenues in Puerto Rico.</FONT></EM></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean Operating Data (IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,583</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,426</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,846</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,763</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,737</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,663</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>255</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>278</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-8.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-15.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.5%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.1)</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs) *</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,721</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,633</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>United States</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Our subscriber base ended September with 23.7 million subscribers after net disconnections of 365 thousand subscribers in the quarter resulting from a cleanup of our base and from increased competition in the segment.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Total revenues increased 5.3% year-on-year reaching nearly two billion dollars in the quarter. Equipment revenues climbed 40.2% and service revenues 0.4%, as we moved to &#8220;monthly plans&#8221;. ARPU was up 7.3% annually and 0.8% sequentially. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>The annual comparisons are affected by the fact that in the third quarter of 2016 we took on the former T-Mobile clients, which at the time added 50 million dollars to our revenues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>EBITDA came in at 141 million dollars, equivalent to 7.1% of revenues, a margin loss of 0.8 percentage points because of lower airtime margins, as the plan mix shifted to higher usage plans.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>United States </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Dollars</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,988</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,888</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,904</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,419</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,664</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,657</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,091</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,785</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>324</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>231</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>812</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>633</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>141</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>148</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-5.0%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>563</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>387</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>45.5%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>122</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>135</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-9.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>510</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>351</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>45.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR></TABLE>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>United States Operating Data (IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23,743</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>26,486</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-10.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>513</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>483</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>22</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.1)</FONT></B>&nbsp;</TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; TEXT-JUSTIFY: inter-ideograph; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap-Bold>Telekom Austria Group</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>We ended the quarter with 20.8 million wireless subscribers, 0.5% more than a year before after net additions of 151 thousand in the quarter. The postpaid base was up 3.0% annually driven by Croatia, Serbia and Austria. On the fixed-line segment we had just over six million RGUs, slightly less than in the year-earlier quarter adjusted by the acquisition of fixed-line assets in Belarus and Croatia. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>Third quarter revenues at our European operations totaled 1.1 billion euros and were up 2.3% year-on-year, with service revenues posting a 1.4% increase in spite of the ongoing elimination of roaming charges in the EU. Service revenues were down slightly on the mobile platform, -0.8%, but on the fixed-line platform they rose 5.6%, buoyed by PayTV revenues, up 22.0%, and by fixed-data services that increased 7.3%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular>EBITDA came in at 410 million euros, and was down -2.6% in relation to the year before.&nbsp; It represented an EBITDA margin of 36.9% of revenues. The reduction in EBITDA partly arises from the unwinding of certain reserves in the third quarter of 2016, but also from an increase in subscriber acquisition costs reflecting a more dynamic commercial activity.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="70%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (IFRS) - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Telekom Austria Group - Proforma </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Euros</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,111</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,085</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,253</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,144</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>987</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>974</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,910</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,835</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>697</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>683</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,004</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,959</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>554</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>558</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,614</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,610</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>114</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>105</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>316</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>289</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>414</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>402</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,248</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,185</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>410</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>421</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,109</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,092</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.6%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>36.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>191</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>206</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-7.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>464</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>442</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=7 align=left>

   <P style="MARGIN-LEFT: 10pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Total Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions; For further detail please visit www.telekomaustria.com/en/investor-relations</FONT></I></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="55%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD>

   <TD width="15%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Telekom Austria Group Operating Data (IFRS) - Proforma</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20,828</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20,732</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,364</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14,913</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="55%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,464</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,819</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>307</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>303</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (Euros)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.0%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.1</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="55%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs) *</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,015</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,052</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.6%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=asap-bold>Glossary of Terms</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; TEXT-JUSTIFY: inter-ideograph"><STRONG><FONT color=#007298></FONT></STRONG>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>ARPU</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Average Revenue per User. The ratio of service revenues in a given period to the average number of wireless subscribers in the same period. </FONT><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>It is presented on a monthly basis.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>ARPM</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Average Revenue per Minute. The ratio of service revenues to airtime traffic.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Capex</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Capital Expenditure. Accrued capital expenditures related to the expansion of the telecommunications infrastructure.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Churn</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Disconnection Rate. The ratio of wireless subscribers disconnected during a given period to the number of wireless subscribers at the beginning of that period.&nbsp; </FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>EBIT</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Earnings Before Interest and Taxes, also known as Operating Profit.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>EBIT </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>margin</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>The ratio of EBIT to total operating revenue.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>EBITDA</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Earnings Before Interest, Taxes, Depreciation, and Amortization.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>EBITDA </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>margin</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>The ratio of EBITDA to total operating revenue. </FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>EPS </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>(Mexican </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>pesos)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Earnings per share. Total earnings in Mexican pesos divided by total shares.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Earnings </FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>per ADR </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>(US$)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Total earnings in U.S. dollars divided by total ADRs equivalent. </FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56pt; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_20"></A>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56pt; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

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<TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Equity</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular> </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>subscribers</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Subscribers weighted by the economic interest held in each company. </FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Gross </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>additions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Total number of subscribers acquired during the period. </FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Licensed </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>pops</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Licensed population. Population covered by the licenses that each of the companies manage.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>LTE</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Long-term evolution is a 4<SUP>th</SUP> generation standard for wireless communication of high-speed data for mobile phones and data terminals. </FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Market </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>share</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>A company&#8217;s subscriber base divided by the total number of subscribers in that country. </FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>MBOU</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Megabytes of Use per subscriber. The ratio of wireless data in a given period to the average number of wireless subscribers in that same period.&nbsp; </FONT><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>It is presented on a monthly basis.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>MOU</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Minutes of Use per subscriber. The ratio of wireless traffic in a given period to the average number of wireless subscribers in that same period.&nbsp; </FONT><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>It is presented on a monthly basis.</FONT></P></TD></TR>

<TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Net </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>subscriber </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>additions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>The difference in the subscriber base from one period to another. </FONT><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>It is the different between gross additions and disconnections.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Net debt</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Total short and long term debt minus cash and marketable securities.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Net debt </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>/ EBITDA</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>The ratio of total short and long term debt minus cash and securities to trailing 12-month income before interest, taxes, depreciation and amortization.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Prepaid</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Subscriber that may purchase airtime to recharge a cellular phone. The client does not hold a contract with the company for voice and data services.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Postpaid</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Subscriber that has a contract for the use of airtime. The client has no need of activating airtime, it is done so immediately.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>SMS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Short Message Service. </FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>SAC</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>Subscriber Acquisition Cost. The sum of handset subsidies, marketing expenses and commissions to distributors for handset activation. Handset subsidy is calculated as the difference between equipment cost and equipment revenues.&nbsp; </FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>Wireless </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=bottom width="90%">&nbsp;</TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=#007298 face=asap-regular>penetration</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 3.5pt; PADDING-RIGHT: 3.5pt" width="90%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" color=black face=asap-regular>The ratio of total wireless subscribers in any given country divided by the total population in that country.</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 10pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 115%" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face=Cambria></FONT>&nbsp;</P>

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



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&nbsp; <A name="page_21"></A>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56pt; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Exchange Rates Local Currency Units per USD</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Mexico</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.13</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.50</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.13</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.50</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.82</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.73</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.94</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.27</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Brazil</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.25</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.25</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.24</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Argentina</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.31</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.31</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.31</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.31</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.28</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.94</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16.22</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.54</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Chile</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>638</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>658</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>638</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>658</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>643</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>661</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>643</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>680</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Colombia</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,941</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,880</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,941</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,880</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,977</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,946</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,940</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,065</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Guatemala</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.34</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.52</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.34</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.52</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.29</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.36</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.64</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Honduras</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.56</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.56</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.56</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.06</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.64</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.86</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Nicaragua</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.97</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.97</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.23</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.79</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.86</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.44</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Costa Rica</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>575</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>559</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>575</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>559</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>577</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>557</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>572</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>548</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Peru</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.27</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.27</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.25</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.34</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.27</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.37</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Paraguay</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,657</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,555</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,657</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,555</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,602</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,545</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,611</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,651</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Uruguay</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.98</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.44</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.98</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.44</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.73</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.52</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.69</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Dominican Republic</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>47.87</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>46.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>47.87</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>46.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>47.66</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>46.06</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>47.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>45.90</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Austria &amp; CEE</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.85</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.89</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.85</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.89</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.85</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.90</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.90</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.90</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT>&nbsp;</TD></TR></TABLE>

<DIV align=left>&nbsp;</DIV>

<P style="MARGIN: 0in 0in 10pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 115%" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face=Cambria></FONT>&nbsp;</P>

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_22"></A>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56pt; TEXT-JUSTIFY: inter-ideograph; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=black face=Asap-Regular></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 99%" cellSpacing=0 border=0>



<TR>

   <TD width="40%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

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<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Exchange Rates Local Currency Units per MxP</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="40%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3Q16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Sep 16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>USA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.06</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.06</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.06</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Brazil</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-13.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Argentina</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.95</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.79</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.95</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.79</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.97</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.80</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.86</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.80</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Chile</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.2</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.7</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.2</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.7</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>36.1</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.3</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.9</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37.2</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Colombia</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>162</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>148</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>162</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>148</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>167</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>157</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>155</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>168</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Guatemala</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.42</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Honduras</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.30</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.30</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.32</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.23</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.25</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.25</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Nicaragua</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.68</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.49</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.68</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.49</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.70</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.54</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.58</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.56</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Costa Rica</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.72</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.66</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.72</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.66</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.71</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.22</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.00</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Peru</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Paraguay</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>312</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>285</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>312</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>285</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>314</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>296</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>296</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>309</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Uruguay</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.60</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.46</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.60</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.46</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.61</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.56</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.51</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.68</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" bgColor=#007399 width="40%" align=left><B><FONT color=#ffffff size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>Dominican Republic</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=left>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.64</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.38</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.64</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.38</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.67</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.46</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.50</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.51</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.4%</FONT>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 10pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 115%" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face=Cambria></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>For further information please visit our website at: </FONT><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>www.americamovil.com</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil, S.A.B. de C.V. (the &#8220;Company&#8221;) quarterly reports and all other written materials may from time to time contain forward-looking statements that reflect the current views and/or expectations of the Company and its management with respect to its performance, business and future events. Forward looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance, or achievements, and may contain words like &#8220;believe&#8221;, &#8220;anticipate&#8221;, &#8220;expect&#8221;, &#8220;envisages&#8221;, &#8220;will likely result&#8221;, or any other words or phrases of similar meaning. 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 report. In no event, neither the Company nor any of its subsidiaries, affiliates, directors, officers, agents or employees shall be liable before any third party (including investors) for any investment or business decision made or action taken in reliance on the information and statements contained in this document or for any consequential, special or similar damages.</FONT></P>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SIGNATURE </B></FONT></DIV>

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<DIV style="TEXT-INDENT: 0%" align=left><FONT color=#000000 size=3 face="Times New Roman">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. </FONT></DIV>

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<DIV style="TEXT-INDENT: 0%" align=left><FONT color=#000000 size=3 face="Times New Roman">Date: October 25, 2017</FONT></DIV>

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   <DIV style="MARGIN-LEFT: 36%; TEXT-INDENT: -2%"><FONT color=#000000 size=2 face="Times New Roman">AM&#201;RICA M&#211;VIL, S.A.B. DE C.V. </FONT></DIV></TD></TR>

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   <TD vAlign=top width="3%"><FONT color=#000000 size=2 face="Times New Roman">By:</FONT><FONT size=1 face="Times New Roman">&nbsp;</FONT></TD>

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   <DIV align=center><FONT color=#000000 size=2 face="Times New Roman">/<SMALL>S</SMALL>/&nbsp;Carlos Jos&#233; Garc&#237;a Moreno Elizondo</FONT></DIV>

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   <TD vAlign=top width="3%"><FONT size=2 face="Times New Roman">Name:<BR>Title: </FONT></TD>

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   <DIV align=left><STRONG><FONT color=#000000 size=2 face="Times New Roman">Carlos Jos&#233; Garc&#237;a Moreno Elizondo</FONT></STRONG></DIV>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman"><B>Chief Financial Officer</B></FONT></DIV></TD></TR></TABLE></DIV>

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