<SEC-DOCUMENT>0001292814-18-002518.txt : 20180719
<SEC-HEADER>0001292814-18-002518.hdr.sgml : 20180719
<ACCEPTANCE-DATETIME>20180719084436
ACCESSION NUMBER:		0001292814-18-002518
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20180930
FILED AS OF DATE:		20180719
DATE AS OF CHANGE:		20180719

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:		18959636

	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>amxpr2q18_6k.htm
<DESCRIPTION>6-K
<TEXT>

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   <TITLE>amxpr2q18_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>

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<DIV><FONT color=#000000 size=3 face="Times New Roman"><B>For the month of&nbsp;July, 2018</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>

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap>Am&#233;rica M&#243;vil&#8217;s second quarter of <BR>2018 financial and operating report</FONT></B></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 120%" color=#4c4c4c face=asap>Mexico City, July 17, 2018 - 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 second quarter of 2018. </FONT></I></P>

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   <P style="MARGIN-BOTTOM: 14px; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>We registered 1.1 million postpaid net subscriber additions&#8212;twice as many as last year&#8212;including 537 thousand in Brazil, 184 thousand in Mexico and 103 thousand in Colombia.</FONT></P></TD></TR>

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   <P style="MARGIN-BOTTOM: 14px; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>Fixed-broadband accesses were up 5.0% year-on-year after connecting 275 thousand new accesses in the second quarter, most of them in Brazil and Central America. </FONT></P></TD></TR>

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   <P style="MARGIN-BOTTOM: 14px"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>Revenues were up 3.2% year-on-year in Mexican peso terms to 257.3 billion pesos, with service revenues rising 1.4%; at constant exchange rates service revenues rose 2.0%, in line with the pace observed the prior quarter. </FONT></P></TD></TR>

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   <P style="MARGIN-BOTTOM: 14px"><FONT style="FONT-SIZE: 10pt">Service revenue growth in the mobile space was remarkable both in Brazil and Mexico, 11.9% and 8.7% respectively. In the U.S. TracFone&#8217;s revenue growth turned positive again after some quarters of decline. On the fixed-line platform, Colombia and Ecuador delivered the better rates of service-revenue growth. </FONT></P></TD></TR>

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   <P style="MARGIN-BOTTOM: 14px"><FONT style="FONT-SIZE: 10pt">ARPUs shot up by 14.1% in Brazil, 9.4% in the U.S., 7.3% in Mexico and 7.0% in Ecuador, while declining 12.7% in Peru in the midst of very intense competition.</FONT></P></TD></TR>

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   <P><FONT size=2 face=Symbol>&#183;</FONT></P></TD>

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   <P style="MARGIN-BOTTOM: 14px"><FONT style="FONT-SIZE: 10pt">EBITDA rose 3.0% to 72.0 billion pesos; at constant exchange rates EBITDA was up 4.5%. In Mexico EBITDA jumped 14.9%, its best annual increase in nearly eleven years, followed by Brazil with 9.9%, its best performance in three years.</FONT></P></TD></TR>

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   <P style="MARGIN-BOTTOM: 14px"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>Our second quarter operating profit of 32.6 billion pesos, up 4.8% year-on-year, and comprehensive financing costs of 32.2 billion pesos&#8212;mostly derived from foreign exchange losses arising mostly from the depreciation of the Mexican peso vs. the dollar&#8212;resulted in a net loss of 236 million pesos for the period.</FONT></P></TD></TR>

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   <P style="MARGIN-BOTTOM: 14px"><FONT style="FONT-SIZE: 10pt">Our operating cash flow in the six months to June allowed us to cover capital expenditures of 57.1 billion pesos, reduce our net debt by 14.9 billion pesos (including the payment of the hybrid bond of TKA that was carried as equity in their books) and contribute 11.6 billion pesos to our pension funds (mostly Telmex).</FONT></P></TD></TR>

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   <P style="MARGIN-BOTTOM: 14px"><FONT style="FONT-SIZE: 10pt">Our net debt stood at 617.6 billion pesos in June, a reduction of 11.1 billion pesos relative to December (considering the Telekom Austria hybrid bonds as debt outstanding in December).</FONT></P></TD></TR></TABLE>

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   <TD style="BORDER-BOTTOM: #4fd8ff 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 June 2018</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" width="25%" align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Country</FONT>&nbsp;</TD>

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

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

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

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Participation</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telcel</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>98.8%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>other</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>98.4%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telvista</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>other</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.3%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Costa Rica</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dominicana</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>El Salvador</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Guatemala</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Honduras</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Nicaragua</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Panama</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Paraguay</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Puerto Rico</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Uruguay</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>USA</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Tracfone</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Netherlands</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>KPN</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="25%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>21.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Austria</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 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 97.91%.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

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

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>On June 26th Moody&#180;s upgraded Telekom Austria&#8217;s ratings to Baa1 with stable outlook. According to the agency, the rating is supported by (1) the group&#8217;s moderate scale; (2) its position as a strong integrated player in its highly competitive domestic telecommunications market; (3) its geographical diversification in a number of Eastern European countries, mitigated by the fact that these countries are exposed to higher macroeconomic risk and foreign currency risk than its core domestic operations; (4) its strong cash flow generation and strong credit metrics; (5) the company&#8217;s public commitment to a conservative financial strategy; and (6) the benefits resulting from Am&#233;rica M&#243;vil, S.A.B. de C.V.&#8217;s (Am&#233;rica M&#243;vil A3, stable) shareholding in Telekom Austria.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Moody&#8217;s also stated that Telekom Austria is a government-related issuer (GRI) and its Baa1 rating benefits from one notch of uplift as a result of (1) the group being 28.42% government-owned; (2) its moderate level of default dependence; and (3) Moody&#8217;s moderate support assumptions for the group.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Telekom Austria is rated BBB, positive by S&amp;P. Am&#233;rica M&#243;vil is rated A3, stable by Moody&#8217;s; A-, stable by S&amp;P; and A-, stable by Fitch. </FONT></P>

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

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=3 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil Fundamentals (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.00</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.22</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.00</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.23</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.09</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.06</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EBITDA per ADR (US$)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.07</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.14</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Net Income (millions of Mex$)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-236</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14,313</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average Shares Outstanding (billion)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>66.06</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>65.76</FONT>&nbsp;</TD></TR>

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

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

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We ended June with 362 million access lines. Our fixed-RGUs increased 1.0% from the year before whereas our wireless base, -0.4%,&nbsp; was slightly smaller. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Net postpaid additions for the period came in at 1.1 million subs, nearly twice as many as in the prior year. This figure includes 537 thousand in Brazil, 184 thousand in Mexico and 103 thousand in Colombia. We disconnected 1.2 million prepaid subs, roughly half of them from our Safelink brand in the U.S. (given changes in the rules of the Lifeline program) and approximately 340 thousand in each of Brazil and Colombia. All in all, we finished June with 279 million wireless clients. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>On the fixed-line platform we reached 83.4 million RGUs. Broadband accesses were up 5.0% year-on-year after 275 thousand new accesses in the quarter, most of them in Brazil and Central America. Our PayTV subscriber base was slightly lower than in 2017 after net adds of 136 thousand units in the period.</FONT></P>

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   <TD width="100%" colSpan=6 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Subscribers as of June 2018</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="75%" colSpan=5 align=center>&nbsp;<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: #4fd8ff 1px solid; TEXT-INDENT: 0pt" width="25%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Country</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay and Uruguay</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24,059</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24,149</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,910</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Austria &amp; CEE</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,735</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,640</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,677</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>59,004</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>58,809</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>60,272</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Central America</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16,074</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16,101</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,499</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,737</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,700</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,551</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,991</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,048</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,798</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29,168</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29,401</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29,225</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,068</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,000</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,822</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>74,412</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>73,984</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>73,099</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,656</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,507</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,071</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>USA</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,126</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,761</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24,109</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" 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: #4fd8ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>279,029</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>279,102</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.0%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.4%</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) 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</FONT></I>&nbsp;<EM><FONT color=#828282 size=1 face=Arial>consolidated.</FONT></EM>&nbsp;</TD></TR></TABLE></DIV>

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<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 June 2018</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="75%" colSpan=5 align=center>&nbsp;<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: #4fd8ff 1px solid" width="25%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Country</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay and Uruguay</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>706</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>680</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>644</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Austria &amp; CEE</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,184</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,035</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,899</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,791</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,861</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,972</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Central America</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,030</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,919</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,591</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,603</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,656</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,716</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,372</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,357</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,351</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,960</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,840</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,590</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>375</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>370</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>359</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,892</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,988</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,012</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,436</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,405</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,426</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" 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: #4fd8ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>83,351</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>83,111</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" 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: #4fd8ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.0%</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="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

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

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

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Early in the second quarter strong employment numbers in the U.S. and some early signs of price increases, including from salaries and wages, brought about renewed concerns about inflation and the interest rate increases that would become necessary to stop it. Ten-year U.S bond yields surpassed 3% in April and reached their highest level in nearly seven years.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>A widening yield-differential vs. other countries led to an appreciation of the dollar vs. most currencies, with the dollar gaining 5.9% vs. the euro, 7.6% vs. the pound and 8.1% vs. the Colombian peso from April 18 until the end of the quarter.&nbsp;</FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>The Mexican peso and the Brazilian real were also affected by this process but even more so&#8212;the dollar gained 10.1% and 14.7% respectively vs. those currencies&#8212;on account of local events.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our revenues were up 3.2% from the year-earlier quarter, climbing to 257.3 billion Mexican pesos, with service revenues rising 1.4%. At constant exchange rates service revenues were up 2.0%, roughly at the same pace observed the prior quarter. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>The expansion of both postpaid and prepaid-data revenues continued to stand out, followed by fixed-broadband revenues. The decline in fixed-voice, and particularly in PayTV revenues, moderated during the quarter; the latter had almost fully stabilized by the end of the period.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Noteworthy were the rates of growth of service revenues in Brazil and Mexico in the mobile sphere, 11.9%, and 8.7% respectively, and of TracFone in the U.S., that turned positive again. On the fixed-line platform, Colombia and Ecuador delivered the better rates of service-revenue growth.&nbsp; </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Although exhibiting somewhat slower growth than in the prior quarter, Mexico kept on outperforming other countries in terms of revenue expansion (except for Argentina given the high inflation there), as service revenues climbed 4.7%.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>ARPUs shot up by 14.1% in Brazil, 9.4% in the U.S., 7.3% in Mexico and 7.0% in Ecuador, declining 2.7% in Colombia and 12.7% in Peru in the midst of very intense competition and sharply lower interconnection rates.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Second quarter EBITDA rose 3.0% to 72.0 billion pesos, which represented a 28.0% EBITDA margin, the same as in the year-earlier quarter. At constant exchange rates EBITDA was up 4.5%. In Mexico EBITDA jumped 14.9%, its best annual increase in nearly eleven years, followed by Brazil with 9.9%, its best performance in three years.</FONT></P>

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Chile, Brazil and Mexico saw margins rise 3.7, 2.5 and 2.0 percentage points from the year-earlier quarter whereas in both the Dominican Republic and Colombia margins increased 1.1 points. In Central America the margin was down 3.0 points mainly because of the resolution of an old interconnection dispute with one of the operators. In Puerto Rico, although the margin is still below that of a year ago, there has been a steady recovery of margins, from -3.5% in the fourth quarter to 9.5% in the first quarter and 13.6% in the second quarter. </FONT></P>

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

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<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="40%"></TD>

   <TD width="9%"></TD>

   <TD width="9%"></TD>

   <TD width="12%"></TD>

   <TD width="9%"></TD>

   <TD width="9%"></TD>

   <TD width="12%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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 s Income Statement (in accordance with IFRS except for IFRS 15) </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: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>218,899</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>215,931</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>439,930</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>447,207</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 1px solid; 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38,410</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33,498</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>71,747</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>66,379</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>257,309</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>249,429</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>511,677</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>513,586</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>81,823</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>79,013</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>163,631</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>166,563</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>42,375</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39,693</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>82,353</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>79,804</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>59,142</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>59,337</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>117,972</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>122,366</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,948</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,468</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,495</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,185</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>41.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>185,288</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>179,512</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>368,451</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>371,919</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>72,021</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>69,917</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.0%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>143,226</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>141,667</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39,377</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38,755</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>80,789</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>80,142</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>32,645</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>31,162</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>62,437</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>61,525</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,176</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,658</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14,746</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,813</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5,158</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,727</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-209.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,261</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,334</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>113.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30,219</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,869</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>n.m.</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,315</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-35,260</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>120.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>32,236</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,254</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>143.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>31,323</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-17,114</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>283.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>156</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,645</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-94.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,976</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26,652</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-51.3%</FONT>&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="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="12%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="12%" 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="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>252</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,264</FONT>&nbsp;</TD>

   <TD width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-98.3%</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18,138</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>51,987</FONT>&nbsp;</TD>

   <TD width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-65.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-20</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-341.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-123.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-469</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-946</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>50.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-621</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1,845</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>66.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-236</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14,313</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-101.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>17,512</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>50,168</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-65.1%</FONT></B>&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>n.m. Not meaningful</FONT></I></TD></TR></TABLE>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our operating profit totaled 32.6 billion pesos, 4.8% more than a year before, while our comprehensive financing costs totaled 32.2 billion pesos, mostly on account of foreign exchange losses arising mostly from the depreciation of the Mexican peso vs. the dollar. This resulted in a net loss of 236 million pesos for the period.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our operating cash flow in the six months to June allowed us to cover capital expenditures of 57.1 billion pesos, reduce our net debt by 14.9 billion pesos (including the payment of the hybrid bond of TKA that was carried as equity in their books) and contribute 11.6 billion pesos to our pension funds (mostly Telmex).</FONT></P>

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

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="100%" colSpan=8 align=left><FONT color=#4dd9ff face=Asap-Regular,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 9pt">Balance Sheet (in accordance with IFRS except for IFRS 15) - Am&#233;rica M&#243;vil Consolidated</FONT> </FONT><FONT style="FONT-SIZE: 7pt" color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Mexican Pesos</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun '18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun '18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Liabilities</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Cash, Marketable</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="15%" 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="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Securities &amp; Other Short</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>68,949</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>83,391</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-17.3%</FONT>&nbsp;</TD>

   <TD width="15%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Short Term Debt*</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>56,342</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>51,746</FONT>&nbsp;</TD>

   <TD width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>8.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Term Ivestments</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Receivable</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>193,578</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>201,814</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Payable</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>297,679</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>291,029</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle rowSpan=2 width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Current Assets</FONT></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>26,962</FONT></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>18,221</FONT></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>48.0%</FONT></TD>

   <TD width="15%" align=left><FONT size=1 face=Arial>Other Current</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>76,301&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>70,562&nbsp; </FONT></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>8.1%&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Liabilities</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Inventories</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>39,981</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>38,810</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>430,323</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>413,336</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>329,470</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>342,235</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="100%" colSpan=8>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Liabilities</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Plant &amp; Equipment</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>629,526</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>676,343</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Long Term Debt</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>630,211</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>646,139</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Investments in Affiliates</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3,206</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3,735</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-14.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Liabilities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>155,242</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>166,103</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>785,454</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>812,242</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Deferred Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Goodwill (Net)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>149,232</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>151,463</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Intangible Assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>106,670</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>123,242</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-13.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Shareholder's Equity</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>196,709</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>260,634</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-24.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Deferred Assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>194,381</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>189,193</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="100%" colSpan=8>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle rowSpan=2 width="25%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Assets</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,412,485</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,486,212</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-5.0%</FONT></B></TD>

   <TD vAlign=middle width="15%" align=left><STRONG><FONT color=#007399 size=2 face=Arial>Total Liabilities</FONT></STRONG>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,412,485</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,486,212</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-5.0%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle width="15%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>and Equity</FONT></B>&nbsp;</TD></TR>

<TR>

   <TD width="100%" colSpan=8>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" 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: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>At the end of June our outstanding net debt stood at 617.6 billion pesos. This represents a reduction of 11.1 billion pesos relative to December if we consider the Telekom Austria hybrid bonds amortized in February as part of the debt outstanding then (on account of certain technical issues, Telekom Austria considered its hybrid debt as equity whereas America Movil hybrid bonds have always been classified as debt).</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>The difference between the cash reduction of debt and that of the outstanding debt has to do with the impact of moves in foreign exchange rates on the value of our outstanding obligations. (Changes in the price of KPN shares, likewise, have had an impact on the value of our financial assets).</FONT></P>

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

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   <TD width="29%"></TD>

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<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun -18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec -17</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>76,342</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>83,192</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>67,842</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>70,692</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,500</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,500</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10,038</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10,084</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,353</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,353</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>685</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>732</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12,372</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,164</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,950</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,164</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>423</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,750</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 12.823pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,750</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,459</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,234</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 12.823pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,950</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,500</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 12.823pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>509</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>734</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>17,742</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>17,864</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17,671</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17,765</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>71</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>99</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>686,553</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>712,137</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" 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;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>68,949&nbsp; </FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>83,391&nbsp; </FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Investments </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>617,604</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>628,746</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" colSpan=3 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) Includes 600 million euros of Telekom Austria hybrid bonds. In prior tables it had been presented as equity.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" colSpan=3 align=left><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</FONT></I>&nbsp;<EM><FONT color=#828282 size=1 face=Arial>figures include the face value amount of the outstanding Am&#233;rica M&#243;vil hybrid bonds (1,450M euros and 550M sterling). On</FONT></EM>&nbsp;<EM><FONT color=#828282 size=1 face=Arial>February 2018, TKA called its 600 million euro hybrid bond.</FONT></EM>&nbsp;</TD></TR>

<TR vAlign=bottom>

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

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap>Mexico</FONT></B></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We added 184 thousand postpaid subscribers and 243 thousand prepaids in the second quarter ending June with 74.4 million subs, with our postpaid subscriber base increasing 6.3% from the year-earlier quarter.&nbsp; On the fixed-line platform our landlines came down by 88 thousand while fixed-broadband accesses were flat.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our revenues increased 8.0% year-on-year to 71.1 billion pesos, up, with service revenues growing 4.7% on the back of mobile service revenues that expanded 8.7% and brought about a 7.3% increase in ARPU. MOUs reached 522 minutes, a 9.4% increase from a year before, while GBOUs kept on rising. Fixed revenues were down 3.6%, the lowest rate of decline in the last five quarters, helped by an important moderation in the erosion of international long distance revenues. Fixed-broadband revenues were off 0.6%.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA shot up 14.9%&#8212;the highest rate of increase in almost eleven years&#8212;to 23.9 billion pesos on greater operating leverage and continued reduction in subsidies.&nbsp; Our sale of handset insurance plans and the provision of financing in the sale of handsets have contributed to this improvement in EBITDA. Our EBITDA margin, 33.6%, was up 2 percentage points from the year before.</FONT></P>

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

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

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) </FONT><B><FONT color=#4dd9ff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>- </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: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>71,102</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>65,858</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8.0%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>137,598</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>129,297</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>52,900</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>50,548</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>105,357</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>99,897</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49,567</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>43,519</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>94,321</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>84,110</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32,581</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29,963</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>64,560</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>58,305</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16,793</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,431</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>25.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29,321</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>25,473</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,535</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,339</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>43,277</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>45,187</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23,878</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20,786</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>46,704</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>41,021</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13.9%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16,491</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,366</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>31,645</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>26,289</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 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>

<TR>

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

<TR>

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico Operating Data (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>74,412</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>73,099</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,131</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,358</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>61,281</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>60,741</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>522</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>477</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (MxP)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>147</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>137</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>21,892</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>22,012</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Lines</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,523</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,758</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Broadband</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,369</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,254</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 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: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT size=2></FONT>&nbsp;</P>

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap>Argentina, Paraguay and Uruguay</FONT></B></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>At the end of June we had 24.1 million mobile subscribers in AUP, slightly more than a year before. We also had 706 thousand fixed-RGUs, 9.6% more than last year with fixed-broadband and PayTV accesses expanding around 11.0% each. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues of 15.2 billion Argentinean pesos increased 28.7% annually. The growth rate of service revenues&#8212;22.6% in the period&#8212;has been decelerating over the past four quarters as economic conditions in Argentina impact consumption. Wireless service revenues expanded 21.3% with mobile data revenues&#8212;which make up 79% of them &#8212;rising 35.8%. ARPU was up 37% to 176 Argentinean pesos. On the fixed-line platform revenues increased 39.6% driven by PayTV revenues that jumped 71.6%. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA grew 30.6% over the year to 5.5 billion Argentinean pesos. At 36.3%, the EBITDA margin was 0.5 percentage points higher than a year before.</FONT></P>

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

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 0pt" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) - </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>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>15,178</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11,794</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>29,532</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>22,772</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>29.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,217</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,969</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,679</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18,978</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14,178</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,074</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27,653</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,368</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,202</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,232</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,776</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17,545</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,961</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,826</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>62.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,853</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,794</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>54.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>790</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,078</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,549</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,510</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,217</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>30.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10,698</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,122</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>31.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>36.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>36.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,274</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,290</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>29.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,327</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,305</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>32.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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>

<TR>

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay &amp; Uruguay Operating Data (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>24,059</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23,910</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,382</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,446</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,677</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,464</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>76</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>91</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-16.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (ARP)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>176</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>128</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>37.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>706</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>644</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9.6%</FONT></B>&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>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><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: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>At 537 thousand, postpaid net additions in the second quarter were four times higher than those obtained a year before, leading to a 17.0% increase in our postpaid subscriber base. On the prepaid segment we disconnected 342 thousand clients that were not generating traffic. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>At the end of June we had&nbsp; just over 59 million mobile subscribers in Brazil and 35.8 million fixed-RGUs after net disconnections of 70 thousand units. We added 99 thousand fixed-broadband accesses&#8212;4.5 times more than last year&#8212; and disconnected 124 thousand fixed telephony lines and 45 thousand PayTV units. As regards PayTV, we are now growing again cable accesses while the disconnection of DTH clients, which has been very significant in the past, is levering off. The sequential improvement of PayTV growth has been very positive.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Second quarter revenues rose 0.9% over the year to 8.9 billion reais. Mobile service revenue growth continues to accelerate&#8212;for the fifth consecutive quarter&#8212;to 11.9% on the back of postpaid revenues with the ARPU increasing 14.1% over the year to 17 reais as data consumption per client doubled. Our 4.5G network is increasingly an advantage on performance: Claro runs the fastest mobile network in Brazil, as attested by new studies released in the second quarter that show a widening of the gap vs. competitors.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fixed service revenues declined 3.5% over the year but increased sequentially. The main drag came from both local service and national long distance revenues,&nbsp; that fell approximately 15% and by PayTV revenues that declined 5.6%. As with PayTV accesses, the decline in revenues seems to have stabilized: quarter-over-quarter, they were practically flat.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Broadband revenues rose 10.1% over the year. In the &#8220;ultrabroadband&#8221; segment we increased our market share to 51%, leading in the high-end segment. We continue to work on the development of corporate services and productivity solutions and recently launched Multicloud, a unique solution in the B2B market to manage different cloud providers through a single point of contact. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Focused on extracting synergies and with a very stringent cost policy, total expenses fell for the seventh quarter in a row allowing for a 9.9% increase in EBITDA, to 2.7 billion reais. The EBITDA margin climbed 2.5 percentage points from a year before to nearly 30% of revenues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>In the second quarter, Claro announced innovative new offers, including &#8220;Passaporte Europa&#8221;, a new roaming proposition that allows our customers to use their plan across the European continent. Claro has continued to introduce innovative plans for its customers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="40%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 0pt" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) - </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: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,872</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,793</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>17,720</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>17,698</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,718</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,633</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17,453</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17,402</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,122</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,826</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,212</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,711</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,971</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,654</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,946</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,400</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>153</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>160</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>267</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>295</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,749</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,967</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,508</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,987</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,655</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,415</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,300</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,890</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>576</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>247</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>133.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,097</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>527</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>108.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 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>

<TR>

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil Operating Data (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>59,004</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>60,272</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,807</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18,639</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37,197</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>41,633</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B><B><SUP><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT></SUP></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>111</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>94</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>18.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (BrL)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>17</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>15</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35,791</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35,972</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>* Fixed Line, Broadband and Television. (1) We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><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: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our wireless subscriber base ended June just shy of seven million after adding 43 thousand postpaid clients and disconnecting 100 thousand prepaid subs in the quarter. Our postpaid base was up 14.2% in June. Fixed-RGUs of 1.4 million were 1.6% higher than the prior year with broadband and voice accesses rising 6.8% and 4.6%, respectively. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Second quarter revenues rose 0.3% year-on-year to 210.7 million Chilean pesos with service revenues increasing 2.2%: 1.9% for mobile on the back of postpaid revenues, and 2.8% for fixed, buoyed by broadband revenues, up 7.5%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA of 37.6 billion Chilean pesos was 26.6% greater than that obtained a year before. The EBITDA margin, 17.9%, was up from 14.2% in the same quarter of 2017. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>In June, derived from a trial initiated by the Corporacion Nacional del Consumidor, the Supreme Court in Chile determined that all operators that had participated in the auction called by the Subsecretaria de Telecomunicaciones (Subtel) to obtain spectrum in the 700MHz frequency exceeded its limit in terms of spectrum holdings and ordered these operators (Claro, Movistar and Entel) to dispose of the quantity of spectrum that was acquired in the aforementioned auction, having the option to elect the band that will be alienated. Additionally, as published by Subtel in the Official Gazette on June 21st, it was determined that carriers that operate the 3.5MHz band must suspend its use given that according to </FONT>


<FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Subtel, such carriers (including Calro) are not utilizing the spectrum efficiently. We are analyzing the local and the international actions that can be taken against both resolutions.</FONT></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

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<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="40%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

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<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 0pt" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) - </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: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>210,704</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>210,078</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>409,205</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>410,767</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>190,511</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>186,387</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>378,515</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>365,568</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>137,271</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>138,537</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>263,650</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>269,796</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>117,048</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>114,834</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>232,898</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>224,569</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,194</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,691</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30,690</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>45,200</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-32.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>73,433</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>71,409</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>145,554</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>140,840</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>37,628</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>29,730</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>26.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>73,679</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>56,588</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>30.2%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-19,045</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-22,794</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-39,513</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-49,699</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-12.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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>

<TR>

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile Operating Data (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,991</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,798</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,994</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,746</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,996</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,052</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>156</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>153</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (ChP)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,716</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,826</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,372</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,351</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.6%</FONT></B>&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>* Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT size=2>&nbsp;</FONT></P>

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

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We gained 103 thousand postpaid subscribers in the second quarter and disconnected 336 thousand prepaids, ending June with 29.2 million subs. Fixed-line RGUs of nearly seven million were up 5.6%, driven by landlines and broadband accesses that increased 10.0% and 6.1%, respectively. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Second quarter revenues of 2.9 trillion Colombian pesos increased 2.9% annually with service revenues rising 1.0%. Wireless service revenues declined 2.6% on the back of declining prepaid revenues and flat postpaid revenues, with data consumption lagging most Latin American countries. We have launched a new set of prepaid packages including unlimited voice in response to disruptive promotions from MVNOs.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>On the fixed-line platform service revenues continue to show a solid performance rising 8.0% over the year, with data services and PayTV rising 8.0% and 9.0%, respectively. We have made important inroads in the fixed segment by improving Internet speeds and bundling our products in attractive packages. Committed with the development of the market, we are expanding our presence building homes passed and providing video and data services in areas with no fixed-line coverage using satellite and digital solutions. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Adhering to our cost control program, we managed to increase EBITDA by 5.7% year-on-year to 1.2 trillion Colombian pesos. The EBITDA margin stood at 40.8%, the highest observed since the second quarter of 2014.</FONT></P>

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

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) - </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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,892</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,811</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,701</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,572</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,290</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,267</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,581</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,528</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,030</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,023</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,005</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,023</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,436</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,474</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,901</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,975</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>586</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>537</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,092</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,031</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>863</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>788</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,696</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,549</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,181</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,117</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,316</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,213</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>668</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>648</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,317</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,280</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" 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: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="44%"></TD>

   <TD width="22%"></TD>

   <TD width="20%"></TD>

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia Operating Data (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers* (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>29,168</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>29,225</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,787</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,553</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.6%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,381</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,672</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B><B><SUP><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT></SUP></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>202</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>198</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (COP)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16,355</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16,815</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,960</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,590</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.6%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><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</FONT></I>&nbsp;<EM><FONT color=#828282 size=1 face=Arial>Colombia (MinTIC).** Fixed Line, Broadband and Television</FONT></EM>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left>

   <P><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>**Fixed Line, Broadband and Television. </FONT></I></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>

   <P><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></P></FONT></TD></TR></TABLE>

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><STRONG><FONT color=#007298>&nbsp;</FONT></STRONG></P>

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>After net additions of 67 thousand in the quarter, 18 thousand of them postpaid clients, we ended June with 8.1 million wireless subscribers, 8.5% less than a year before. We also had 375 thousand fixed RGUs, 4.5% more than a year before. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues of 333 million dollars were practically flat over the year with service revenues falling 1.5%, its lowest rate of decline in more than a year, as prepaid revenues continued to decline. Ecuador remains very competitive; still we have managed to increase mobile data revenues by 0.8%. Our fixed line revenues were up 5.9% annually to 22 million dollars.&nbsp; </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA reached 130 million dollars, 2.1% more than in 2017. It was equivalent to 39% of revenues, a 0.7 percentage points improvement from the year-earlier quarter. </FONT></P>

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

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) - </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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>333</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>332</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>648</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>666</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>279</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>283</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>551</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>568</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>311</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>311</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>605</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>625</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>258</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>264</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>510</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>529</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>53</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>48</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>94</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>96</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>43</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>130</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>127</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>254</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>253</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>78</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>75</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.5%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>150</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>149</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" 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: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="43%"></TD>

   <TD width="23%"></TD>

   <TD width="19%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador Operating Data (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,068</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,822</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-8.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,572</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,480</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,495</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,342</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-13.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>414</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>292</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>41.6%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.5%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.2</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>375</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>359</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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="TEXT-INDENT: 8.503pt" 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: 0cm 0cm 0pt"></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><STRONG><FONT color=#007298>&nbsp;</FONT></STRONG></P>

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We registered net additions of 149 thousand in the period&#8212;131 thousand prepaid subs and 18 thousand postpaids&#8212;to finish June with 12.7 million wireless subscribers, 4.8% above 2017. In addition we had 1.4 million fixed RGUs that include more than half a million broadband accesses; these are growing at a rate of 6.5% year-on-year. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues fell 5.6% to 1.3 billion soles with service revenues down 7.1%. The decline in mobile service revenues is for the most part related to an interconnection rate cut that became effective in February and slashed interconnection revenues by 44%. Adjusting for that, mobile service revenues would have been 3% lower as a result of very intense competition and the impact of unlimited voice and social networks prevalent in almost our entire commercial offer, with prepaid revenues roughly flat and postpaid revenues declining 4%. On the fixed-line platform, service revenues were 1.3% lower than a year before as long distance revenues fell 24% and data revenues declined 8.0%.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA was down 15.4% to 269 million soles. The EBITDA margin stood at a 21.2%, down from 23.7% a year before reflecting the intensely competitive environment in the mobile space.</FONT></P>

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

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

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

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

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

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<TR>

   <TD width="35%"></TD>

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

   <TD width="10%"></TD>

   <TD width="9%"></TD>

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

   <TD width="13%"></TD>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) - </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>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,269</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,344</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-5.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,603</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,687</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,082</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,166</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,220</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,331</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,062</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,135</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,185</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,267</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>868</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>947</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,788</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,888</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>187</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>177</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>382</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>355</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>207</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>208</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>418</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>421</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>269</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>318</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-15.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>583</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>595</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>80</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>130</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-37.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>208</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>226</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-7.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" 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: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

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

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="43%"></TD>

   <TD width="23%"></TD>

   <TD width="20%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru Operating Data (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12,656</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12,071</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,205</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,062</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,452</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,009</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>241</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>193</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>24.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (Sol)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>26</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-12.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.5%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,436</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,426</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" 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: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><STRONG><FONT color=#007298></FONT></STRONG>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Central America</FONT></B></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our wireless subscriber base ended June with 16.1 million clients, 3.7% more than a year before with the postpaid base rising 4.9%. Fixed RGUs topped six million accesses, 7.9% more than a year before; access growth was driven by broadband accesses that rose 15.0% after adding 93 thousand new accesses. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Revenues increased 2.9% to 594 million dollars with service revenues up 0.8%. Wireless service revenues&#8212;representing two thirds of the total&#8212;rose 1.8% buoyed by data revenues that jumped 6.7%. On the fixed-line platform, service revenues declined 2.7% as a result of a reduction in voice amounting to 12%.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA was down 5.7% year-on-year to 192 million dollars, a figure that includes a one-time charge related to an interconnection settlement disputed in Guatemala. In absence of this charge, EBITDA would have been 1.3% lower than a year before. The EBITDA margin stood at 32.4% of revenues; in the absence of the afore-mentioned interconnection charges the margin would have stood at 33.9%.&nbsp; </FONT></P>

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

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<TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) - </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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>594</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>577</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,189</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,145</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>536</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>532</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,078</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,056</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>397</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>380</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>794</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>760</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>349</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>343</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>702</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>685</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>48</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>92</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>74</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>197</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>199</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>394</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>385</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>192</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>204</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-5.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>399</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>399</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.504pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>75</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>76</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>161</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>140</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" 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: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="43%"></TD>

   <TD width="27%"></TD>

   <TD width="17%"></TD>

   <TD width="12%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Central America Operating Data (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16,074</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>15,499</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,439</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,326</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,635</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,174</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B><B><SUP><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT></SUP></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>155</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>164</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-6.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.6%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" 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: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,030</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,591</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT 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=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>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></TD></TR></TABLE>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><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: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our operations in the Caribbean ended the quarter with 5.7 million wireless subscribers, 3.3% more than a year before. We obtained net gains of 37 thousand, 60% of which were postpaid. We had 2.6 million fixed-RGUs; in Dominicana our fixed base rose 3.1% over the year.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Dominicana reported total revenues of 11.9 billion Dominican pesos that were 5.5% higher than in the prior year, with service revenues gaining momentum and rising 4.6% on the back of mobile data services. Keeping costs contained, EBITDA grew 8.3% to 5.3 billion Dominican pesos; the margin was equivalent to 44.8% compared to 43.7% a year before. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>In Puerto Rico we have fully restored our wireless network and it is practically operating under normal conditions. Data traffic in the mobile platform is building up replacing fixed broadband traffic from a network that is 80% operational.&nbsp; We are making important investments to replace the original infrastructure with the latest technology. In this context service revenues were 2.3% higher than in the year-earlier quarter; this figure includes 41 million dollars from insurance claims and federal subsidies. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Wireless service revenues declined 4.0%&#8212;improving from minus 4.9% in the precedent quarter&#8212;while fixed service revenues were 23.5% lower than last year&#8217;s. Prepaid revenues have been rising by nearly 30% but postpaid revenues are declining as are fixed-broadband revenues.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA came in at 31 million dollars, down 39.7%. The margin was equivalent to 13.6% of revenues up from 9.5% in the prior quarter and -3.5% in the fourth quarter of 2017.</FONT></P>

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

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) - </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>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>472</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>480</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>950</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>958</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.9%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>427</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>421</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>858</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>843</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.8%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>256</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>272</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>514</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>543</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.3%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>215</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>218</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>430</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>437</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.5%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>42</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-24.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>85</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>108</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-20.8%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>216</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>207</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>436</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>416</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.8%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>140</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>156</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-10.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>269</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>312</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-13.8%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>74</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>91</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-18.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>135</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>181</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-25.3%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" 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>

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   <TD colSpan=7>&nbsp;&nbsp; </TD></TR>

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   <P>&nbsp;&nbsp;&nbsp;&nbsp;<BR>&nbsp; </P></TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean Operating Data (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,737</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,551</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.3%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,900</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,831</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,837</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,720</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B><B><SUP><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT></SUP></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>261</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>270</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.3%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.504pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.5%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.504pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.5%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.504pt" 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,603</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,716</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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="TEXT-INDENT: 8.504pt" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>* Fixed Line, Broadband and Television. (1) We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></TD></TR></TABLE>

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><STRONG><FONT color=#007298>&nbsp;</FONT></STRONG></P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>United States</FONT></B></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>At the end of June we had 22.1 million subscribers, 8.2% below the prior year with net disconnections of 635 thousand slightly lower than in 2017. We have seen an improvement in the rate of growth of subscribers, particularly StraightTalk, our main brand, that posted a 5.8% increase in subs from the year-earlier quarter; and in the case of SafeLink, disconnections brought about by the changes in the rules of the Lifeline have continued to decline at a somewhat more gradual pace.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Service revenues of 1.7 billion dollars continued to recover relative to the prior year, going from -8.8% in the fourth quarter to -4.2% in the first quarter and +0.6% in the second quarter. ARPU was up 9.4% to 25 dollars as a reflection both of the success of the new unlimited-everything plan of StraightTalk and the continued erosion of Safelink clients. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA came in at 164 million dollars and was 22.3% below last year. Still, the EBITDA margin gained almost one percentage point sequentially to 8.5% of revenues, its average level over the last couple of years.</FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT></P></DIV>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 0pt" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) - </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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,923</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,931</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,927</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,916</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,685</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,675</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,364</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,429</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>238</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>256</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>563</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>487</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>164</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>211</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-22.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>316</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>422</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-25.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>144</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>193</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-25.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>277</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>389</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-28.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=7>&nbsp;&nbsp;&nbsp;<BR>&nbsp;&nbsp;<BR>&nbsp; </TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>United States Operating Data (in accordance with IFRS except for IFRS 15)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>22,126</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>24,109</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Straight Talk</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,993</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,502</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>SafeLink</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,265</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,091</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-35.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Brands</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,868</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10,515</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>538</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>524</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>25</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9.4%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.1)</FONT></B>&nbsp;</TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

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

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Telekom Austria Group</FONT></B></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>In the second quarter we added 160 thousand postpaid subscribers&#8212;including 63 thousand in Austria, more than twice as many as a year before&#8212;and registered disconnections of 65 thousand prepaid clients ending June with 20.7 million, roughly as many as a year before. On the fixed-line platform we had a total of 6.2 million RGUs, 4.8% more than a year earlier (+2.1% organic growth excluding acquisitions in Belarus). </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>The group&#8217;s revenues of 1.1 billion euros were 1.3% higher than a year before with service revenues rising 0.4%. Adjusting for extraordinary items booked in Austria in the second quarter of 2017 and for the impact of the devaluation of the Belarusian ruble against the euro, service revenue growth would have been 2.3% with improvements in every country but Slovenia. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>In Austria, service revenues increased 0.4% in spite of the pressure stemming from the abolition of roaming charges within the EU, boosted by the addition of high-value mobile customers and Mobile WiFi on the one hand, and by solid demand of higher bandwidth products and TV packages on the fixed-line segment. In Eastern Europe we have seen good expansion of fixed-line service revenues in all countries where we have become integrated telecom players.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Second quarter EBITDA was 360.3 million euros&#8212;adjusted for extraordinary items and restructuring charges&#8212;slightly higher than in the year-earlier quarter. Austria showed a stable performance while our operations in Eastern Europe reported positive contributions.</FONT></P>

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

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   <TD width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS except for IFRS 15) - </FONT><B><I><FONT color=#4dd9ff size=2 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>A1 </FONT></I></B><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Telekom Austria Group - Proforma</FONT></I></B></TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Euros</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,099</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,175</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,148</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.3%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total service revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>950</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>946</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,881</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,883</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.1%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless service revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>537</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>536</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,057</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,060</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.3%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 21.463pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed-line service revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>413</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>410</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>824</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>822</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>123</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>117</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>247</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>219</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.5%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 14.983pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Other operating income</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>47</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>46</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.3%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>360</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>698</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>701</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.4%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.504pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>96</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>147</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-34.8%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>147</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>274</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-46.2%</FONT></B>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.504pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD></TR>

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   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>For further detail please visit www.a1.group/en/investor-relations</FONT></I></TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>A1 Telekom Austria Group Operating Data (in accordance with IFRS except for IFRS 15) - Proforma</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20,735</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20,677</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,863</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,140</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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: #4fd8ff 1px solid; TEXT-INDENT: 21.464pt" width="40%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,873</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,537</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-12.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B><B><SUP><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT></SUP></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>352</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>329</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7.1%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (Euros)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.6%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" 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: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,183</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,057</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television. </FONT></I></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>(1) We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></TD></TR></TABLE>

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

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

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Am&#233;rica M&#243;vil IFRS (includes IFRS 15 for 2Q18)</FONT></B></P></DIV>

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

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

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<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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 (in accordance with 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: #4fd8ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>215,093</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>215,931</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>430,440</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>447,207</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>41,976</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33,498</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>25.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>80,050</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>66,379</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>257,068</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>249,429</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.1%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>510,490</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>513,586</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.6%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>81,824</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>79,013</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>163,632</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>166,563</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>42,230</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39,693</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>82,017</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>79,804</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>57,400</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>59,337</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>114,859</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>122,366</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 1px solid; 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,948</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,468</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,495</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,185</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>41.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>183,403</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>179,512</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>365,004</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>371,919</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>73,666</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>69,917</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>145,486</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>141,667</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39,377</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38,755</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>80,789</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>80,142</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>34,289</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>31,162</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10.0%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>64,697</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>61,525</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.2%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,270</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,658</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14,840</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,813</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5,158</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,727</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-209.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,261</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,334</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>113.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30,219</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,869</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>n.m.</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,315</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-35,260</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>120.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>32,330</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,254</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>143.9%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>31,417</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-17,114</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>283.6%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>653</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,645</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-75.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,749</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26,652</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-48.4%</FONT>&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="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="12%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="9%" align=left>&nbsp;</TD>

   <TD width="12%" 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="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,306</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,264</FONT>&nbsp;</TD>

   <TD width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-91.4%</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19,531</FONT>&nbsp;</TD>

   <TD width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>51,987</FONT>&nbsp;</TD>

   <TD width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-62.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-20</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-341.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-123.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-469</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-946</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>50.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-621</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1,845</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>66.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>818</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14,313</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-94.3%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>18,904</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>50,168</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" width="12%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-62.3%</FONT></B>&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>n.m. Not meaningful</FONT></I></TD></TR></TABLE>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=8 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></TD></TR>

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   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun '18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jun '18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Liabilities</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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>68,949</FONT>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>83,391</FONT>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-17.3%</FONT>&nbsp;</TD>

   <TD align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Short Term Debt*</FONT>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>56,342</FONT>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>51,746</FONT>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>8.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Term Ivestments</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>206,220</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>201,814</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Payable</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>297,098</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>291,029</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle rowSpan=2 align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Current Assets</FONT></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>38,456</FONT></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>18,221</FONT></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>111.1%</FONT></TD>

   <TD vAlign=middle align=left><FONT size=1 face=Arial>Other Current</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>77,176</FONT></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>70,562</FONT></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>9.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Liabilities</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>40,295</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>38,810</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>430,616</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>413,336</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>353,920</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>342,235</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.4%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=8>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Liabilities</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>629,526</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>676,343</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Long Term Debt</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>630,211</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>646,139</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3,206</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3,735</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-14.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Liabilities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>165,762</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>166,103</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>795,974</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>812,242</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>149,232</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>151,463</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>106,670</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>123,242</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-13.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Shareholder's Equity</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>217,550</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>260,634</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-16.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>201,586</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>189,193</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>6.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=8>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle rowSpan=2 align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Assets</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,444,140</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,486,212</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.8%</FONT></B></TD>

   <TD vAlign=middle align=left><STRONG><FONT color=#007399 size=2 face=Arial>Total Liabilities</FONT></STRONG>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,444,140</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,486,212</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle rowSpan=2 align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.8%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" vAlign=middle align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>and Equity</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: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Glossary of Terms</FONT></B></P>

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

<DIV>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>ARPU</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Average Revenue per User. The ratio of service revenues in a given period to the average number of wireless subscribers in the same period. It is presented on a monthly basis.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>ARPM</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Average Revenue per Minute. The ratio of service revenues to airtime traffic.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Capex</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Capital Expenditure. Accrued capital expenditures related to the expansion of the telecommunications infrastructure.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Churn</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>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 vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>EBIT</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Earnings Before Interest and Taxes, also known as Operating Profit.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt" align=left><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>EBIT</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt" align=left><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>margin</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>The ratio of EBIT to total operating revenue.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt" align=left><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>EBITDA</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Earnings Before Interest, Taxes, Depreciation, and Amortization.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>EBITDA</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>margin</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>The ratio of EBITDA to total operating revenue. </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>EPS</FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>(Mexican</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>pesos)</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Earnings per share. Total earnings in Mexican pesos divided by total shares.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Earnings</FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>per ADR</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>(US$)</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Total earnings in U.S. dollars divided by total ADRs equivalent. </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Equity</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>subscribers</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Subscribers weighted by the economic interest held in each company. </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Gross</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>additions</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Total number of subscribers acquired during the period. </FONT></P></TD></TR></TABLE></DIV>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Licensed </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">&nbsp; </TD>

   <TD vAlign=top width="94%">&nbsp; </TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>pops</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Licensed population. Population covered by the licenses that each of the companies manage.</FONT></P></TD></TR>

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   <TD vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>LTE</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Long-term evolution is a 4th generation standard for wireless communication of high-speed data for mobile phones and data terminals. </FONT></P></TD></TR>

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   <TD vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;&nbsp;&nbsp;</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Market </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">&nbsp; </TD>

   <TD vAlign=top width="94%">&nbsp; </TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>share</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>A company&#8217;s subscriber base divided by the total number of subscribers in that country. </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>MBOU</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>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; It is presented on a monthly basis.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>MOU</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>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; It is presented on a monthly basis.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Net </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">&nbsp; </TD>

   <TD vAlign=top width="94%">&nbsp; </TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>subscriber </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">&nbsp; </TD>

   <TD vAlign=top width="94%">&nbsp; </TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>additions</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>The difference in the subscriber base from one period to another. It is the different between gross additions and disconnections.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Net debt</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Total short and long term debt minus cash and marketable securities.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Net debt </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">&nbsp; </TD>

   <TD vAlign=top width="94%">&nbsp; </TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>/ EBITDA</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>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>

<TR>

   <TD vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Prepaid</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>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 vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Postpaid</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>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 vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>SMS</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Short Message Service. </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>SAC</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>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 vAlign=top width="5%">&nbsp; </TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp; </FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Wireless </FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">&nbsp; </TD>

   <TD vAlign=top width="94%">&nbsp; </TD></TR>

<TR>

   <TD vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>penetration</FONT></B></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD>

   <TD vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 0pt; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>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="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=black face=Asap></FONT>&nbsp;</P></DIV>

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<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=2 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Exchange Rates Local Currency Units per USD</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Mexico</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20.06</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.90</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.90</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.37</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.59</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.07</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.50</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Brazil</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.86</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.31</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.47</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.31</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.60</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.22</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.43</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Argentina</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.85</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16.63</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>73.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.38</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16.63</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.51</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.72</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21.60</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.70</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Chile</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>651</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>664</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>616</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>664</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>621</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>664</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>611</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>660</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Colombia</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,945</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,038</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,852</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,038</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,837</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,921</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,847</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,921</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Guatemala</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.49</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.34</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.42</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.34</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.44</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.34</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Honduras</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.15</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.61</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.87</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.61</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.96</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.62</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.86</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.67</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Nicaragua</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.04</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.23</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.04</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.35</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.86</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.68</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>570</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>580</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>570</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>580</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>569</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>575</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>570</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>570</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Peru</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.27</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.25</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.25</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.28</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Paraguay</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,703</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,560</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,619</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,560</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,621</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,578</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,601</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,615</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Uruguay</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.47</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.50</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.50</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.07</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.31</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.29</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49.43</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>47.57</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49.26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>47.57</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>47.47</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49.19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>47.27</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.86</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.88</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.83</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.88</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.84</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.94</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.83</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.92</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.6%</FONT>&nbsp;</TD></TR></TABLE>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

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



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<P style="MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="28%"></TD>

   <TD width="18%"></TD>

   <TD width="10%"></TD>

   <TD width="9%"></TD>

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

   <TD width="12%"></TD>

   <TD width="8%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" colSpan=2 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Exchange Rates Local Currency Units per MxP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2Q17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Jun 17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>USA</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.06</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.06</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Brazil</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Argentina</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.44</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.93</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>54.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.93</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.21</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.85</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>43.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.13</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.80</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Chile</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.5</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37.1</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-12.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.3</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37.1</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.0</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.7</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.1</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.8</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Colombia</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>147</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>170</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-13.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>150</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>170</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-11.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>146</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>157</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>149</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>150</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Guatemala</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.37</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.38</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.38</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Honduras</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.20</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.32</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.25</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.32</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.24</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.27</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.25</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.21</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Nicaragua</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.57</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.68</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.64</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.68</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.62</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.61</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.63</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.52</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.41</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-12.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.94</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.37</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.95</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.92</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.23</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Peru</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.2%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Paraguay</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>284</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>311</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>295</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>311</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>290</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>300</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>294</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>288</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Uruguay</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.57</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.59</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.54</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.59</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.52</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.54</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.46</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 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: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.46</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.66</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.59</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.66</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" 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: #4fd8ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.58</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.42</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #4fd8ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.4%</FONT>&nbsp;</TD></TR></TABLE></DIV>

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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><FONT size=1></FONT>&nbsp;</DIV>

<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>

<DIV style="TEXT-INDENT: 0%" align=left>&nbsp;</DIV>

<DIV style="TEXT-INDENT: 0%" align=left><FONT color=#000000 size=3 face="Times New Roman">Date: Juy 18, 2018</FONT></DIV>

<DIV style="TEXT-INDENT: 4%">&nbsp;</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>

   <TD vAlign=bottom width="37%" align=center>

   <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 width="3%"><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=top width="3%"><FONT size=2 face="Times New Roman">Name:<BR>Title: </FONT></TD>

   <TD vAlign=bottom width="37%" align=center>

   <DIV align=left><STRONG><FONT color=#000000 size=2 face="Times New Roman">Carlos Jos&#233; Garc&#237;a Moreno Elizondo</FONT></STRONG><FONT color=#000000 size=2 face="Times New Roman"></FONT></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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