<SEC-DOCUMENT>0001292814-19-001662.txt : 20190501
<SEC-HEADER>0001292814-19-001662.hdr.sgml : 20190501
<ACCEPTANCE-DATETIME>20190501123528
ACCESSION NUMBER:		0001292814-19-001662
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190630
FILED AS OF DATE:		20190501
DATE AS OF CHANGE:		20190501

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:		19786008

	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>amxpr1q19_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>

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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;April, 2019</B></FONT></DIV><FONT color=#000000 size=3 face="Times New Roman"><B><BR></B></FONT><FONT color=#000000 size=3 face="Times New Roman"><B>Commission File Number: 1-16269 </B></FONT></DIV>

<DIV>&nbsp;</DIV>

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

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

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

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

<DIV>&nbsp;</DIV>

<DIV align=center></DIV>

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

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

<DIV>&nbsp;</DIV>

<P></P>

<P></P>

<P></P>

<P></P>

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

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

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap>Am&#233;rica M&#243;vil&#8217;s first quarter of 2019 financial and operating report</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 120%" color=#4c4c4c face=asap>Mexico City, April 29<SUP>th</SUP>, 2019 - 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 first quarter of 2019. </FONT></I></P>

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   <P style="TEXT-ALIGN: left"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>Beginning January 1st we implemented IFRS 16 accounting standards. The information presented in this report was prepared in a prospective basis; comparable information is provided in the appendix.<BR>&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>We gained 1.5 million postpaid subscribers in the quarter, including 972 thousand in Brazil, just over 200 thousand in Mexico, and 159 thousand from the acquisition in Guatemala.<BR>&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>We connected 463 thousand broadband accesses including 193 thousand in Central America and 74 thousand in Brazil.<BR>&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>Mobile postpaid and fixed-broadband were the main drivers of access growth at 6.4% and 5.6% year-on-year, respectively with mobile prepaid declining 3.4%, mostly in Brazil and both fixed-voice and Pay-TV almost flat from a year before.<BR>&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>Revenues of 246 billion pesos were 3.1% lower than a year before in Mexican peso terms. At constant exchange rates, service revenues were up 2.5%.<BR>&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>Fixed-broadband revenue growth accelerated to 9.9% and mobile postpaid revenues increased 6.8%. PayTV revenues came down 3.0%.<BR>&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>EBITDA of 75 billion pesos was equivalent to 30.6% of revenues. Under comparable accounting standards, EBITDA declined 5.6% annually in Mexican peso terms but at constant exchange rates it actually increased 2.6%.<BR>&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>Our 35.4 billion pesos operating profit and our 1.2 billion pesos in comprehensive financing costs resulted in a net profit of 19.4 billion pesos in the quarter, which was 3.6% higher than that of the prior year. It was equivalent to 29 pesos per share and 31 dollar cents per ADR.<BR>&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>Our capital expenditures totaled 28.0 billion pesos and were partly funded by new debt. We paid 6.3 billion pesos for Telefonica&#8217;s operation in Guatemala and contributed 5.9 billion pesos to our pension funds.<BR>&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=#000000 face=Asap>Our net debt ended March at 703 billion pesos, which includes 116 billion pesos in former lease payments that were capitalized under IFRS16. Under the previous methodology the EBITDA ratio would have been 1.95x EBITDA LTM.</FONT></P></TD></TR></TABLE></DIV>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" colSpan=2 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 March 2019</FONT>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Country</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Brand</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Business</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Equity&nbsp;<FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Participation</FONT></FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telcel</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>other</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telvista</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>other</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>90.0%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.7%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>98.5%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.4%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Costa Rica</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dominicana</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>El Salvador</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Guatemala</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Honduras</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Nicaragua</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.6%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Panama</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Paraguay</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Puerto Rico</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Uruguay</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>USA</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Tracfone</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Netherlands</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>KPN</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>16.1%</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Austria</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telekom Austria</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>51.0%</FONT>&nbsp;</TD></TR>

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>On March 18th, we entered into an agreement to acquire 100% of Nextel Brazil for a purchase price of $905 million dollars on a cash free/debt free basis. The completion of the acquisition is subject to regulatory approvals from ANATEL (Telecom Regulator), and CADE (Antitrust Authority); as well as to the approval of the majority of NII shareholder&#8217;s. With this transaction, Claro will strengthen its network capacity, spectrum portfolio and subscriber base, particularly in the cities of Sao Paulo and Rio de Janeiro. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>On April 9th our shareholders&#8217; approved the payment of an ordinary cash dividend of MXP$0.35 peso cents per share, payable in two installments, one of MXP$0.18 peso cents payable on July 15th, 2019 and another of MXP$0.17 peso cents payable on November 11th, and to allocate an amount equal to three billion pesos for our buyback program.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>On April 15th we issued bonds in the amount of US$2.25 billion dollars in two tranches; the first one for US$1.0 billion dollars with a coupon of 3.625%, with a 10-year maturity; and the second one, for US$1.25 billion dollars with a coupon of 4.375%, due&nbsp;2049.</FONT></P>

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

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&nbsp; <A name="page_3"></A>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil Fundamentals</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Earnings per Share (Mex$) </FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>0.29</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.28</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Earning per ADR (US$) </FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>0.31</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.30</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>EBITDA per Share (Mex$) </FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Regular,Arial,Helvetica,sans-serif>(3)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>1.14</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.09</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>EBITDA per ADR (US$)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>1.18</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.16</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Net Income (millions of Mex$)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>19,443</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>18,766</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Average Shares Outstanding (billion)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>66.03</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>66.06</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our wireless subscriber base ended March with 277.4 million subscribers including 1.4 million from the acquisition of Telef&#243;nica Guatemala. We added 1.3 million postpaid subscribers and disconnected 1.1 million prepaids, substantially all of them in Brazil. Our postpaid base was up 6.4% organically to 83.6 million subs. Growth on the contract segment was particularly strong in Brazil where we added 972 thousand subs; then came Mexico with 201 thousand and Austria with 96 thousand. As regards prepaid, we ended the quarter with 192.4 million subs, 4.1% below last year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>On the fixed segment we reached 84.3 million RGUs, 1.4% more than a year before. We connected 463 thousand broadband accesses, including 74 thousand in Brazil, bringing the total to 30.2 million, 5.6% more than a year before. PayTV units, 21.4 thousand, were down 0.9% affected by disconnections of DTH services in Brazil.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Mobile postpaid and fixed-broadband were the main drivers of access growth at 6.4% and 5.6% year-on-year respectively, with mobile prepaid declining 4.1% and both fixed-voice and Pay-TV almost flat from a year before.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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=6 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Subscribers as of March 2019</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=left>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" noWrap align=right><B><FONT size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>Total</FONT></B><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>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar &#8217;19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec &#8217;18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar &#8217;18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="25%" align=left>

   <P style="MARGIN-LEFT: 8.503pt"><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay and Uruguay</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>24,370</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>24,264</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>24,149</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Austria &amp; CEE</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>20,908</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>21,000</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-0.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>20,640</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>56,383</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>56,416</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-0.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>58,809</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-4.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Central America</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>15,841</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>14,364</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>10.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>16,101</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-1.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5,980</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5,887</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5,700</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,720</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,707</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7,048</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-4.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>29,887</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>29,681</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>29,401</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8,308</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8,246</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8,000</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>75,611</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>75,448</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>73,984</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>11,818</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>12,098</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-2.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>12,507</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-5.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>USA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>21,599</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>21,688</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-0.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>22,761</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-5.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Wireless Lines</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>277,425</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>275,798</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>0.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>279,102</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="PADDING-LEFT: 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</FONT></I>&nbsp;<EM><FONT color=#828282 size=1 face=Arial>companies started being consolidated.</FONT></EM></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="25%" align=left></TD>

   <TD width="15%" align=left>&nbsp;</TD>

   <TD width="15%" align=left>&nbsp;</TD>

   <TD width="15%" align=left>&nbsp;</TD>

   <TD width="15%" align=left>&nbsp;</TD>

   <TD width="15%" align=left>&nbsp;</TD></TR></TABLE>

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



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

&nbsp; <A name="page_4"></A>

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

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

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



<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 March 2019</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="25%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" noWrap align=right><B><FONT size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>Total</FONT></B><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>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar &#8217;19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec &#8217;18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar &#8217;18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="25%" align=left>

   <P style="MARGIN-LEFT: 8.503pt"><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay and Uruguay</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>833</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>775</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>680</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>22.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Austria &amp; CEE</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,248</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,261</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-0.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,035</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>34,993</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>35,285</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-0.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>35,861</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-2.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Central America</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,867</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,465</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5,919</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>16.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,545</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,546</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,656</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-4.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,441</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,424</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,357</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7,320</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7,171</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,840</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>397</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>384</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>370</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>22,350</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>22,337</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>21,988</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,498</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,472</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,405</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="25%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Total RGUs</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>84,492</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>84,120</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>0.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>83,111</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="15%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>1.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>The first quarter of 2019 ended with a reduction in U.S. long-term interest rates as it became apparent that the Federal Reserve would not be able to continue increasing interest rate throughout the year as it had signaled late in 2018 and in the first months of 2019. The world economy appeared to be slowing down. During this period the value of the U.S. dollar vs. the main Latin American countries was fairly stable, not too different at the end of the quarter than at its beginning. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our revenues totaled 245.7 billion pesos in the quarter and were 3.1% lower than a year before in Mexican peso terms, reflecting the depreciation of most of our operating currencies vs. the Mexican peso, with the U.S. dollar being the main exception. On average the real fell 11.7%, the Chilean peso 7.5%, the Colombian peso 6.6% and the euro 5.3% vs. the Mexican peso in the first quarter of 2019 in relation to the year-earlier quarter.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>&nbsp;At constant exchange rates, service revenues were up 2.5% from the year-earlier quarter, buoyed by fixed-broadband revenues that were up 9.9% and postpaid mobile revenues that increased 6.8%. Fixed-broadband revenues have accelerated significantly and are outpacing all other revenue units, including postpaid mobile. Only PayTV revenues declined, -3.0%, continuing the trend seen throughout most of the last two years.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>In the South American block service revenue growth, 3.8%, remained in line with that of the prior quarter whereas in Central America it rose from 0.5% in the fourth quarter to 4.2% in the first one, basically to do with the incorporation of Telefonica&#8217;s former operation in Guatemala from February 2019.&nbsp; Service revenue growth decelerated in both Mexico and the U.S. to 1.6% and to 0.6% respectively. In our operations in Europe&#8212;Austria and Eastern European countries&#8212;service revenue growth picked up to 2.9%, from -1.1% the prior quarter.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>On the mobile front, service revenue growth improved in Colombia, Argentina, Uruguay and Paraguay.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA came in at 75.0 billion pesos in the quarter under the new IFRS16 standard, by which most lease payments are not deducted any more from the operating cash flow and instead are capitalized as new debt coupled with rights of use of assets. Under this accounting convention, the EBITDA margin for the quarter was 30.6%. Under the prior reporting methodology, EBITDA would have been 68.0 billion pesos, representing a 27.7% EBITDA margin, and would have declined 5.6% year-on-year in Mexican peso terms and increased 2.6% at constant exchange rates (see Appendix 1).</FONT></P>

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

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

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="49%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil&#8217;s Income Statement </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: #0080ff 1px solid" width="33%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>207,800</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>215,872</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-3.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>37,852</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>37,669</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>245,653</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>253,541</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Cost of Service</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>75,325</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>81,808</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Cost of Equipment</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>39,186</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>39,787</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Selling, General &amp; Administrative Expenses</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>54,677</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>57,855</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Others</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,417</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,083</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Costs and Expenses</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>170,605</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>181,533</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>75,048</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>72,008</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% of Total Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>30.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>28.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Depreciation &amp; Amortization</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>39,662</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>41,412</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>35,386</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>30,595</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% of Total Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>14.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>12.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Net Interest Expense</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8,764</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7,570</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Other Financial Expenses</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>674</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>14,420</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Foreign Exchange Loss</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-8,250</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-22,903</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Comprehensive Financing Cost (Income)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>1,188</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>-913</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Income &amp; Deferred Taxes</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>14,006</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>12,605</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="33%" align=left>

   <P style="MARGIN-LEFT: 8.503pt"><FONT style="FONT-SIZE: 10pt"><FONT face=Arial>Net Income before Minority</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;<FONT face=Arial>Interest and Equity Participation in Results</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;<FONT face=Arial>of Affiliates</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></FONT></FONT></FONT></P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>20,192</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>18,904</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equity Participation in Results of Affiliates</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>15</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>14</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Minority Interest</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-765</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-152</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="33%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Net Income</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>19,443</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="6%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>18,766</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="4%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="49%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 16.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="49%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) Under IAS 17.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 10.183pt" width="50%" colSpan=4 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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our operating profit reached 35.4 billion pesos under the same IFRS16 standard while our comprehensive financing costs totaled 1.2 billion pesos. Both line items reflect changes under the new methodology, including the allocation of the former rental payments as greater depreciation costs&#8212;coming from the new rights of use that were created as assets in the balance sheet&#8212;and greater interest costs&#8212;the interest component associated with the former rental payments.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We obtained a net profit of 19.4 billion pesos in the quarter; it was 3.6% higher than the one observed the year-earlier quarter, equivalent to 29 pesos per share and 31 dollar cents per ADR.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our net debt ended March at 703 billion pesos, which includes 116 billion pesos in former lease payments that were capitalized under IFRS16. Using our prior methodology the net debt to LTM EBITDA ended March at 1.95x (Appendix 2).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: #0080ff 1px solid" width="71%" colSpan=5 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Balance Sheet - Am&#233;rica M&#243;vil Consolidated </FONT><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Mexican Pesos</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="23%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar '19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar '19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Liabilities</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="23%" align=left>

   <P style="MARGIN-LEFT: 8.503pt"><FONT size=1 face=Arial>Cash, Marketable</FONT>&nbsp;<FONT size=1 face=Arial>Securities &amp; Other Short</FONT>&nbsp;<FONT size=1 face=Arial>Term Investments</FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>67,789</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>70,676</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Short Term Debt*</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>161,416</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>96,231</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>67.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Receivable</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>224,405</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>221,514</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Lease-Related Debt</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>26,437</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Current Assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>24,884</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>16,560</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>50.3%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Payable</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>256,746</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>278,391</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="23%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Current</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Inventories</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>41,402</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>40,305</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>88,874</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>92,469</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="23%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Liabilities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="23%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>358,480</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>349,056</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.7%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>533,473</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>467,091</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14.2%</FONT></B>&nbsp;</TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="99%" colSpan=8>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Liabilities</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Plant &amp; Equipment</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>746,350</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>640,001</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>16.6%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Long Term Debt</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>492,917</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>542,692</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-9.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Investments in Affiliates</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3,087</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3,133</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Lease-Related Debt</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>89,861</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="23%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Liabilities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>176,480</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>173,568</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1.7%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Deferred Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>759,258</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>716,260</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.0%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Goodwill (Net)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>147,693</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>145,566</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1.5%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Intangible Assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>122,085</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>122,138</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>0.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Shareholder's Equity</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>257,772</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>245,872</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>4.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Deferred Assets</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>172,808</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>169,330</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="23%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="23%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Assets</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,550,502</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,429,223</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 10pt" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8.5%</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="19%" align=left>&nbsp;<STRONG><FONT color=#007399 size=2 face=Arial>Total Liabilities</FONT></STRONG>&nbsp;<BR><STRONG><FONT color=#007399 size=2 face=Arial>and Equity</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,550,502</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="10%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,429,223</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8.5%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="99%" colSpan=8 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Includes current portion of Long Term Debt.</FONT></I></TD></TR></TABLE>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>In the first quarter our capital expenditures totaled 28.0 billion pesos and were partly funded by new debt.&nbsp; We paid 6.3 billion pesos for Telefonica&#8217;s operation in Guatemala and contributed 5.9 billion pesos to our pension funds.</FONT></P>

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

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



<TR>

   <TD width="76%"></TD>

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

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="76%" 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>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="76%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar -19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec -18</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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><STRONG>Peso - denominated debt</STRONG> </FONT><FONT style="FONT-SIZE: 10pt"><FONT color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>88,525</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>72,501</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.983pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>68,025</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>68,001</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.983pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>20,500</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4,500</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><STRONG>U.S. Dollar - denominated debt </STRONG></FONT><FONT style="FONT-SIZE: 10pt"><FONT color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>(USD)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>10,075</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>9,947</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.983pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9,353</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9,353</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.983pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>722</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>594</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><STRONG>Euro - denominated Debt</STRONG> </FONT><FONT style="FONT-SIZE: 10pt"><FONT color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>(EUR)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>11,229</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>11,281</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.983pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>11,029</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>11,036</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.983pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>200</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>245</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><STRONG>Sterling - denominated Debt</STRONG> </FONT><FONT style="FONT-SIZE: 10pt"><FONT color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>(GBP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2,750</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2,750</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 12.823pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,750</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,750</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><STRONG>Reais - denominated Debt</STRONG> </FONT><FONT style="FONT-SIZE: 10pt"><FONT color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>(BRL)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>8,478</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6,480</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 12.823pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8,475</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,475</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 12.823pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><STRONG>Debt denominated in other currencies</STRONG> </FONT><FONT style="FONT-SIZE: 10pt"><FONT color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>16,520</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>14,203</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.984pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,190</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,240</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.984pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>10,330</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7,963</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Debt </FONT><FONT style="FONT-SIZE: 10pt"><FONT color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>654,333</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>638,922</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Cash, Marketable Securities and Short Term Financial</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Investments </FONT><FONT style="FONT-SIZE: 10pt"><FONT color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>67,789</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>70,676</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="76%" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Net Debt </FONT><FONT style="FONT-SIZE: 10pt"><FONT color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>586,544</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>568,246</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" vAlign=bottom width="100%" 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 our foreign exchange exposure.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" vAlign=top width="100%" colSpan=3 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1)<SUP> </SUP></FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>On February 2018, TKA called its 600 million euro hybrid bond and on September AMX called its 900 million euro hybrid bond.</FONT></I></TD></TR></TABLE>

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<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We ended March with 75.6 million mobile subscribers in Mexico, 2.2% more than a year before, after net postpaid gains of 201 thousand clients in the first quarter; our prepaid subscribers came down by 39 thousand. On the fixed-line platform we ended the quarter with 22.3 million RGUs, a 1.6% increase over the prior year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our first quarter revenues increased 2.0% from a year before to reach 67.2 billion pesos. Service revenues expanded 5.7% on the mobile platform on the back of postpaid revenue growth of 6.9% with prepaid revenues decelerating. On the fixed-line platform service revenues declined 4.6% dragged down by voice revenues, mainly long distance, in spite of fixed broadband revenues increasing 1.0% and those of corporate networks expanding 6.9%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA totaled 24.8 billion pesos in the quarter using IFRS16, representing an EBITDA margin of 36.9%. A comparison with the prior year using the previous accounting standard shows a 1.1% year-on-year increase (Appendix 3), in the face of a continued fixed-line revenue decline and certain cost increases, including one-off items: the loss of a dispute with another operator and the payment of a fine to the telecom regulator.</FONT></P>

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

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



<TR>

   <TD width="68%"></TD>

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

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

   <TD width="8%"></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="68%" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT </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>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="68%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="68%" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>67,241</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>65,925</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="68%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>51,392</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>50,583</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" width="68%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>46,966</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>44,252</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" width="68%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>32,213</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>30,484</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" width="68%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>14,753</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>13,768</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" width="68%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>20,038</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>21,323</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-6.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="68%" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>24,818</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>22,430</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="68%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>36.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>34.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="68%" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>16,140</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>14,759</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="68%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>24.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="12%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>22.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="8%" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Total revenues include other income.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 16.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IAS 17.</FONT></I></TD></TR></TABLE>

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

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



<TR>

   <TD width="42%"></TD>

   <TD width="23%"></TD>

   <TD width="21%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico Operating Data</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>75,611</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>73,984</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>13,714</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>12,947</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>61,897</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>61,038</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>522</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>495</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (MxP)</FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>143</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>137</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>(0.1)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>22,350</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>21,988</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Lines</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>12,666</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>12,611</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Broadband</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9,684</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9,377</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></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 and Broadband.</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) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 15.</FONT></I></TD></TR></TABLE>

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

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



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

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

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

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

<DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We finished March with 24.4 million wireless subscribers, 0.9% more than last year. Net additions in the quarter came in at 105 thousand subs, of which one third were postpaid. Although still small, our fixed access base rose 22.5% to 833 thousand RGUs. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our revenues increased 43.3% annually to 20.6 billion Argentinean pesos. Mobile service revenues were up 41.7% with postpaid revenue growth outpacing that of prepaid. ARPU rose 40.2% to 204 Argentinean pesos boosted by data usage. Fixed service revenues expanded 86.1% with PayTV revenues doubling as compared to the first quarter of 2018, although from a small base.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>First quarter EBTDA was 8.1 billion Argentinean pesos. It was 43.2% higher than that of the prior year under the prior accounting methodology and the EBITDA margin stood at 36.0% (Appendix 3). </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We continue expanding our fiber networks in Paraguay and in Argentina where we have started the deployment in a few new cities. </FONT></P>

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

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



<TR>

   <TD width="41%"></TD>

   <TD width="23%"></TD>

   <TD width="21%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" colSpan=2 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT - </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>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>20,577</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>14,355</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>43.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>16,860</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>11,581</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>45.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>18,841</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>13,466</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>39.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.104pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>14,985</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>10,573</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>41.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.104pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3,856</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,892</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>33.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,875</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,008</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>86.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>8,103</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5,231</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>39.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>36.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5,965</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4,094</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>29.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>28.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" colSpan=4 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>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Total revenues include other income.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 16.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IAS 17.</FONT></I></TD></TR></TABLE>

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

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



<TR>

   <TD width="47%"></TD>

   <TD width="19%"></TD>

   <TD width="20%"></TD>

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay &amp; Uruguay Operating Data</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>24,370</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>24,149</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>0.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9,012</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8,951</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>15,358</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>15,199</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>74</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>75</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-1.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (ARP) </FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(2)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>204</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>145</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>40.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>(0.0)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>833</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>680</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>22.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <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)</FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Hybrid subscribers are now included in our postpaid figures</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>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 15.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 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: 0in 0in 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: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Throughout the first quarter of 2019 and continuing the trend from the prior year, Claro led the market in postpaid subscriber gains, adding 972 thousand subscribers in the period. At the same time, and following the practice from prior years, we disconnected one million prepaid </FONT>


<FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>subscribers; altogether we ended March with 56.4 million subs. On the fixed line platform we ended the quarter with 35.0 million RGUs, a decline of 292 thousand from the previous quarter, all of them voice and PayTV accesses; in fixed broadband we added 74 thousand clients.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Revenues were up 1.3% from the year-earlier quarter to 8.9 billion reais, with service revenues increasing 0.7%. Fixed-broadband and mobile postpaid revenues were the main drivers of revenue growth, as has been the case for several quarters now, with the former rising very much in line with the pace seen in the fourth quarter. Prepaid revenue growth was practically flat year-on-year, after several quarters of annual reductions, whereas PayTV revenues continued their decline. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Mobile ARPU was up 11.0% to 18 reais, helped along by Claro&#8217;s commercial plans that offer unlimited voice, high quality mobile internet&#8212;Claro&#8217;s is the fastest mobile network and has the broadest population by coverage with 4G+ and 4.5G&#8212;and bundled digital services including Claro Musica and Claro Video. In addition, there are passport features by which customers can rely on their local mobile data and voice plans when traveling abroad. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA came in at 3.3 billion reais (under IFRS16) and was equivalent to 37.0% of revenues. Using the prior accounting standard, it would have increased by 4.3% from the year-earlier quarter and the EBITDA margin would have moved up one percentage point (Appendix 3).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>On residential services our footprint is growing fast through FTTH deployment in 30 cities. We are the leader in the ultrabroadband segment of the market.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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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   <TD width="44%"></TD>

   <TD width="20%"></TD>

   <TD width="21%"></TD>

   <TD width="13%"></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT - </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>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>8,940</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>8,827</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8,658</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8,595</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3,298</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3,064</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3,027</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,847</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>271</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>217</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>24.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5,632</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5,749</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-2.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>3,307</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2,836</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>37.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>32.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,363</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>712</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>15.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></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>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I>&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>Total revenues include other income.</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) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 16.</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>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IAS 17.</FONT></I></TD></TR></TABLE>

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

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



<TR>

   <TD width="47%"></TD>

   <TD width="19%"></TD>

   <TD width="20%"></TD>

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif><FONT size=2 face=Arial>Brazil</FONT>&nbsp;Operating Data</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>56</FONT>,383</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>58</FONT>,809</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>-4</FONT>.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>24</FONT>,479</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>21</FONT>,270</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>15</FONT>.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>31</FONT>,904</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>37</FONT>,539</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>-15</FONT>.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU (1)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>135</FONT></FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>107</FONT></FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>26</FONT>.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (<FONT style="FONT-SIZE: 10pt" face=Arial>BRL</FONT>) </FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(2)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>18</FONT></FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>16</FONT></FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>11</FONT>.<FONT style="FONT-SIZE: 10pt" face=Arial>0</FONT>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>3</FONT>.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>4</FONT>.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>(0.<FONT style="FONT-SIZE: 10pt" face=Arial>1</FONT>)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>34,</FONT>993</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>35,</FONT>861</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif><FONT style="FONT-SIZE: 10pt" face=Arial>-</FONT>2.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></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>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) Under IFRS 15.</FONT></I></TD></TR></TABLE>

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

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



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

&nbsp; <A name="page_10"></A>

<a name="_bclPageBorder10"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Net additions in the quarter came in at 13 thousand subs after 47 thousand postpaid gains and 34 thousand prepaid disconnections, bringing the wireless base to 6.7 million. Our fixed-line operations ended March with 1.4 million RGUs, 6.2% more than a year before, with growth in every service line. At a pace of 9.4% broadband was the fastest-growing segment.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues for the quarter added up to 206 billion Chilean pesos, up 5.6% year-on-year with equipment revenues, rising 89% and service revenues declining 3.2%. Mobile service revenues were 9.5% below those obtained a year before as mobile termination rates were reduced 80% in January. In the absence of such change, service revenues would have declined 5.4% annually in spite of a very competitive market, with prices falling significantly for entry-level postpaid plans.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fixed service revenues continued to accelerate to a pace of 5.9%, with broadband revenues expanding 14.5% and PayTV revenues increasing 5.4%. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Under IRFS16 the EBITDA figure for the quarter topped 43 billion Chilean pesos which represents 20.9% of revenues. Under the prior methodology, EBITDA was 4.9% lower than a year before partly on account of the reduction in termination rates (Appendix 3). Adjusting for that, the decline in EBITDA would have been 3.4%.</FONT></P>

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

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT - </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>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>205,683</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>194,760</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>169,365</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>174,943</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-3.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>128,056</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>121,515</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>93,368</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>103,188</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-9.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>34,688</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>18,327</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>89.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>76,715</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>72,154</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>43,051</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>34,410</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>20.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>17.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-14,432</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-22,110</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-7.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-11.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></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>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</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>Total revenues include other income.</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) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 16.</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>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IAS 17.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P>

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

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



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   <TD width="43%"></TD>

   <TD width="23%"></TD>

   <TD width="20%"></TD>

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

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile Operating Data</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6,720</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>7,048</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-4.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,127</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,951</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=center>

   <P style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt"><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4,593</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5,097</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-9.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>170</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>156</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>9.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (ChP)</FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5,074</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5,132</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-1.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>0.5</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,441</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,357</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <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) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 15.</FONT></I></TD></TR></TABLE>

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

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



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

&nbsp; <A name="page_11"></A>

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our wireless subscriber base reached 29.9 million in March, up 1.7% year-on-year, after adding 206 thousand new subs in the first quarter. Postpaid net additions of 60 thousand subs brought the postpaid base to nearly seven million, 4.7% more than a year before. Fixed RGUs rose 7.0% year-on-year to 7.3 million after connecting 149 thousand RGUs including 61 thousand new broadband accesses and 35 thousand PayTV units.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Revenues rose 4.3% year-over-year to 2.9 trillion Colombian pesos. Fixed service revenues were up 8.2% driven by the expansion of broadband services and corporate networks that continued to accelerate, both reaching a pace of 11.3%; fixed voice and PayTV revenues increased 7.6% and 5.3%, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Mobile service revenues were 0.8% higher than the year before after several quarters of annual reductions resulting from strong competition, especially in the prepaid segment. Postpaid service revenues picked up to 2.7% from 0.3% in the fourth quarter as a result of changes in the commercial offer that have allowed us to monetize the demand for data. Mobile ARPU rose 2.7% to 17,051 Colombian pesos.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>The EBITDA figure for the quarter was 1.3 trillion Colombian pesos and the margin was&nbsp; equivalent to 43.8%. EBITDA grew 6.8% on a comparable basis&#8212;a margin improvement of one percentage point&#8212; as part of our continued effort to reduce costs, which was particularly important in regards to administrative expenses (Appendix 3). </FONT></P>

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

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<TR>

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   <TD width="18%"></TD>

   <TD width="21%"></TD>

   <TD width="13%"></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT - </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>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2,931</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2,809</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,363</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,285</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,004</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,972</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,477</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,465</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>527</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>506</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>903</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>831</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,284</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,146</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>43.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>40.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>720</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>659</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>24.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>23.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></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>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</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>Total revenues include other income.</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><FONT size=1 face=Arial>(</FONT>1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 16.</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>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IAS 17.</FONT></I></TD></TR></TABLE>

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

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



<TR>

   <TD width="43%"></TD>

   <TD width="23%"></TD>

   <TD width="20%"></TD>

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

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia Operating Data</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers* (thousands)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>29,887</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>29,401</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,997</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,684</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>22,890</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>22,717</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>236</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>193</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>21.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (COP) </FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(2)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>17,051</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>16,611</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>0.6</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)**</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>7,320</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6,840</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>7.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=4 align=left>

   <P style="MARGIN-LEFT: 8.503pt"><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</FONT></I>&nbsp;<EM><FONT color=#828282 size=1 face=Arial>Communications of Colombia (MinTIC).</FONT></EM></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><EM><FONT color=#828282 size=1 face=Arial>**Fixed Line, Broadband and Television.</FONT></EM></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) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>We modified the methodology for calculating MOUs. We no longer include M2M subscribers. </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 15.</FONT></I></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><STRONG><FONT color=#007298></FONT></STRONG>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our wireless subscriber base ended March with 8.3 million wireless subscribers, 3.9% more than a year before after adding 63 thousand subs in the first quarter. Fixed RGUs totaled 397 thousand, were 7.3% higher than a year before. </FONT></P>

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>The quarter&#8217;s revenues increased 3.4% from a year before to 326 million dollars, with equipment revenues rising 23.3%. Service revenues were nearly flat in 2018. Prepaid service revenues fell 6.5% while postpaid revenues increased 4.0%. Fixed service revenues of 21 million dollars expanded 9.2% annually driven by broadband revenues, up 13.6%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA of 138 million dollars in the first quarter was equivalent to 42.4% of revenues. Under comparable metrics, we registered a yearly expansion of 4.7% in absolute terms and a 0.5 percentage points increase in the EBITDA margin (Appendix 3). </FONT></P>

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

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   <TD width="47%"></TD>

   <TD width="18%"></TD>

   <TD width="21%"></TD>

   <TD width="13%"></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT - </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>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>326</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>315</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>3.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>273</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>272</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>304</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>294</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>251</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>252</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-0.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>52</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>42</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>24.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>23</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>21</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>138</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>124</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>42.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>39.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>81</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>72</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>24.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>22.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 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 style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Total revenues include other income.</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) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 16.</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>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IAS 17.</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: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

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

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador Operating Data</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#4dd9ff face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#4dd9ff face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#4dd9ff face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>8,308</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>8,000</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>3.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,640</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,554</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5,668</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5,446</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>427</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>388</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>10.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$) </FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>10</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>11</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-4.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>(0.4)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>397</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>370</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>7.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <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>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 15.</FONT></I></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><STRONG><FONT color=#007298></FONT></STRONG>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We disconnected 280 thousand subs in the quarter, most of them prepaid, to finish March with 11.8 million wireless subscribers. Our 1.5 million fixed RGUs were up 6.6% year-on-year on the back of broadband accesses that posted an 11.8% increase.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues of 1.3 billion soles were 5.4% lower than a year before with equipment revenues up 6.6% and service revenues declining 9.4%. On the mobile segment, service revenues fell 12.0%. The reduction is partly linked to a mobile termination rate cut of 70% in January in absence of which service revenues would have fallen 7.4%. It also reflects subscriber losses and aggressive offers that have been launched in response to disruptive commercial practices implemented by some of the players, especially in the prepaid segment.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA of 352 million soles was equivalent to 27.9% of revenues. Under the prior accounting methodology, it would have come down 0.6% relative to 2018 (Appendix 3), although adjusting for the aforementioned change in interconnection rates, it would have increased 4.1%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We have continued with the roll out of 4G services in the country.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: #0080ff 1px solid" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Peru </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Soles</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,264</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,335</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-5.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>926</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,023</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-9.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,040</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,116</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-6.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>715</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>813</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-12.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>324</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>303</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>211</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>211</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-0.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>352</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>316</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>27.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>23.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>119</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>130</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></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>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</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>Total revenues include other income.</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) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 16.</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>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IAS 17.</FONT></I></TD></TR></TABLE>

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

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



<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru Operating Data</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>11,818</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>12,507</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-5.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4,069</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4,186</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-2.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7,749</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8,321</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-6.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>252</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>226</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>11.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (Sol) </FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>20</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>22</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-8.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>0.2</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,498</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,405</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></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) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 15.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>In Central America we added 1.5 million subscribers in the first quarter mostly on account of the incorporation of the subscribers of the former Telef&#243;nica operation in Guatemala. Altogether we added 1.3 million prepaid clients and 150 thousand postpaid subscribers. On the fixed-line platform we added 402 thousand RGUs which approximately half came from the aforementioned acquisition. All our organic growth stemmed from fixed-broadband accesses. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We began consolidating the operations of Telef&#243;nica Guatemala on February 1st. On a pro forma basis, first quarter revenues of 609 million dollars were 4.6% lower than a year before with service revenues falling 4.4%. This figure reflects exchange rates variations of most of the Central American currencies that historically had been relatively stable Vis-&#224;-vis the dollar, including the Guatemalan Quetzal that lost 5% against the U.S. dollar. In local currency, revenues were roughly flat. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Wireless service revenues declined 4.8% since there has been an important deterioration in the conditions of Nicaragua and Honduras but also as a result of ARPU pressure in Guatemala. In the fixed segment we have experienced revenue losses across the board from voice revenues which took our fixed service revenues down 3.7%. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA under IFRS16 was 235 million dollars equivalent to 38.5% of revenues. Under comparable methodologies, EBITDA would have declined 5.8% pro forma as a result of revenue losses and an increase in bad debt in several countries. It also reflect one-time costs asociated to the integration of the recent acquisition.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: #0080ff 1px solid" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT - </FONT><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Central America Pro forma </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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>609</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>638</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-4.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>523</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>547</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-4.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>413</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>429</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-3.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>340</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>357</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-4.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>73</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>72</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>191</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>200</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-4.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>235</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>207</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>38.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>32.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>89</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>75</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>14.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>11.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 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 style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Total revenues include other income.</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif><FONT size=1 face=Arial>(</FONT>1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 16.</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IAS 17.</FONT></I></TD></TR></TABLE>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Central America Operating Data</FONT>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>15,841</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>16,101</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-1.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,513</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,418</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>13,328</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>13,683</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-2.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>158</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>157</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$) </FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(2)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>7</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>7</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-2.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>(0.9)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs) *</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6,867</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5,919</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>16.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <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>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 15.</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: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our combined subscriber base was just shy of six million having risen 4.9% over the year. In Dominicana we added 83 thousand new subs in the first quarter bringing the base up 5.7% from the year before, while in Puerto Rico our subscriber base was practically flat in the quarter. In Dominicana fixed RGUs of 1.9 million were up 1.8% year-on-year on the back of broadband and PayTV access growth. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues rose 5.2% in Dominicana with service revenue growth accelerating to 5.4%. Mobile service revenues increased 8.3% supported by strong prepaid revenues that have risen with data services. Fixed-line service revenues grew 2.0% with broadband and PayTV revenues expanding 11.9% and 8.7%, respectively. Wireline voice revenues came down following a contraction of long distance revenues in the order of 28.5%. The EBITDA figure for the quarter went up 5.8% and was equivalent to 44.5% of revenues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>In Puerto Rico service revenues increased 0.7% relative to the prior year. Mobile service revenues rose 2.1% while fixed service revenues declined 0.8% reflecting fixed to mobile migration as Mobile WiFi has become more widespread, especially in those areas that were severely affected by the hurricane.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Under the same premise, excluding extraordinary effects, EBITDA would have risen 35.1% relative to the year-earlier quarter and the EBITDA margin would have been 9.0 percentage points greater. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We have made important improvements in our fiber platforms and have upgraded our networks with the latest technologies consolidating our leadership position in the island.</FONT></P>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT - </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>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT><SUP><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>450</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>476</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-5.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>378</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>377</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>263</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>257</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>212</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>207</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>51</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>50</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>182</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>190</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-4.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>147</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>129</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>32.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>27.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>71</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>60</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>15.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>12.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 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 style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Total revenues include other income.</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 16.</FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IAS 17.</FONT></I></TD></TR></TABLE>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean Operating Data</FONT>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5,980</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>5,700</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,951</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,877</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4,029</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3,823</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>238</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>248</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-4.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(2)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>12</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>12</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-2.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>3.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>3.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-0.2</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2,545</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2,656</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-4.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="TEXT-INDENT: 8.504pt" 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>

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   <TD style="TEXT-INDENT: 8.504pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>We modified the methodology for calculating MOUs. We no longer include M2M subscribers. </FONT></I></TD></TR>

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   <TD style="TEXT-INDENT: 8.504pt" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(</FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Under IFRS 15.</FONT></I></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We had 21.6 million subscribers at the end of March, 5.1% less than a year before, after net disconnections of 89 thousand, compared to 371 thousand in the first quarter of 2018. Excluding SafeLink, we booked 122 thousand net subscriber additions. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>First quarter revenues of nearly two billion dollars declined 0.6% as equipment revenues came down 6.9% over the year, which has partly to do with lower tax refunds in 2019. Service revenues were up 0.6% with ARPU rising 6.8% over the year to 26 dollars per subscriber.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA of 123 million dollars was down 18.9% year-on-year. The EBITDA margin stood at 6.2%</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: #0080ff 1px solid; TEXT-INDENT: 0pt" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT - </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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,992</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>2,004</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-0.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.103pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,690</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1,679</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 30.104pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>302</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>325</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-6.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>123</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>152</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-18.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>7.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>105</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>132</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-20.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>United States Operating Data</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>21,599</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>22,761</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-5.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Straight Talk</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9,359</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9,041</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>SafeLink</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,660</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3,694</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-28.0%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.463pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Other Brands</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>9,581</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>10,026</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-4.4%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>553</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>512</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>7.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>26</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>24</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>3.7%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>(0.4)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR></TABLE>

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>With a total of 20.9 million subscribers at the end of March, our wireless base was up 1.3% year on year, with our postpaid base up 3.6% and our prepaid base down 5.9%.On the postpaid segment we added 47 thousand contract subs in the quarter, this figure reflects net additions in Croatia and Serbia showing strong demand for mobile WiFi routers, but also a clean-up of our postpaid base in Bulgaria of 110 thousand subscribers. In prepaid we had net disconnections of 139 thousand in the quarter, including 61 thousand in Austria as a result of regulations that require registering SIM cards as of January 1st. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fixed RGUs increased 3.5% year-on-year. In Austria, fixed voice RGUs came down 20 thousand lines, while Croatia, Slovenia and Macedonia registered solid growth mostly due to broadband and PayTV units.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Group revenues increased 1.5% with service revenues rising 2.9% and equipment revenues falling 6.6%. Fixed service revenues expanded 4.6%, increasing in all markets, with particularly strong growth in ICT solutions and connectivity revenues in Austria. Altogether, our operations in Eastern Europe posted fixed service revenue growth of 12.3% over the year led by Bulgaria and Belarus. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>On the mobile segment, group service revenues of 495 million euros were up 1.5% year over year. In Austria, this revenue line remained flat year-on-year in spite of the reduction of roaming and interconnection revenues, whereas in the other countries we posted an increase of 3.1%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA was up 1.9%&#8212;excluding restructuring charges&#8212;to 395 million euros, 36.3% of revenues. In Eastern Europe EBITDA increased 11%, with all segments showing annual growth which was noteworthy in Bulgaria and Macedonia. In Austria, EBITDA declined 3.3% due to lower equipment margin and higher personnel costs. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We acquired spectrum rights in Austria on 100 to 140MHz in the 3.5GHz frequency depending on the region. In Croatia and Belarus we obtained spectrum rights in the 2.1 GHz frequency.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Telekom Austria implemented IFRS16 accounting standards on a retrospective basis. As such, the EBITDA figures have been prepared under the same methodology. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 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 colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (In accordance with IFRS 16) - </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</FONT></I></B></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Euros</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,089</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1,073</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.984pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Total service revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>924</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>899</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless service revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>495</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>488</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>1.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed-line service revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>430</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>411</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.984pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>144</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>154</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-6.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 14.983pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Other operating income</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>22</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>21</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>374</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>388</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>-3.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>34.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>36.1%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>140</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>62</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>126.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.8%</FONT>&nbsp;</TD>

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   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 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></TABLE>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>A1 Telekom Austria Group Operating Data</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="16%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="13%" 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: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="51%" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>20,908</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="16%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>20,640</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="13%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1.3%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" width="51%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>16,263</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="16%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>15,703</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="13%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>3.6%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 21.464pt" width="51%" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4,645</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="16%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>4,937</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="13%" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>-5.9%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" width="51%" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT><FONT style="FONT-SIZE: 10pt"><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT>&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>354</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="16%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>339</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="13%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>4.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" width="51%" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (Euros)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>8</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="16%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>8</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="13%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>0.2%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" width="51%" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="16%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>1.8%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="13%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>0.0</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" width="51%" align=left><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6,248</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="16%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>6,035</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="13%" align=right><STRONG><FONT style="FONT-SIZE: 10pt" face=Asap-Bold,Arial,Helvetica,sans-serif>3.5%</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></STRONG></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>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: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P></DIV>

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&nbsp; <A name="page_18"></A>

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<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in; TEXT-ALIGN: justify; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><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: 0in; TEXT-ALIGN: center; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Appendix 1</FONT></B></P></DIV>

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

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<TR>

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

   <TD width="17%"></TD>

   <TD width="23%"></TD>

   <TD width="13%"></TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil&#8217;s Income Statement</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" align=left>

   <P style="LINE-HEIGHT: 8pt"><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Mexican pesos</FONT>&nbsp;</P></TD>

   <TD align=right>

   <P style="LINE-HEIGHT: 8pt"><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</P></TD>

   <TD align=right>

   <P style="LINE-HEIGHT: 8pt"><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Changes brought</FONT>&nbsp;</P></TD>

   <TD align=right>

   <P style="LINE-HEIGHT: 8pt"><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</P></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>

   <P style="LINE-HEIGHT: 9pt"><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle align=right>

   <P style="LINE-HEIGHT: 9pt"><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>IAS 17</FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle align=right>

   <P style="LINE-HEIGHT: 9pt"><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>about by IFRS 16</FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle align=right>

   <P style="LINE-HEIGHT: 9pt"><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>IFRS 16</FONT>&nbsp;</P></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Costs and Expenses</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>177,665</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>(7,060)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>170,605</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>67,988</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>7,060</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>75,048</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Depreciation &amp; Amortization</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>33,800</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>5,861</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>39,662</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>34,187</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>1,199</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>35,386</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Net Interest Expense</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>6,702</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>2,063</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>8,764</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Other Financial Expenses</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>674</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>674</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Foreign Exchange Loss</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>(8,250)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>(8,250)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Comprehensive Financing Cost (Income)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>(874)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>2,063</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>1,188</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Income &amp; Deferred Taxes</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>14,088</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>(82)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>14,006</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Net Income before Minority</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Interest and Equity Participation in Results</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>20,974</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>(782)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>20,192</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>of Affiliates</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Equity Participation in Results of Affiliates</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>15</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>15</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>Minority Interest</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>(765)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" face=Asap-Regular,Arial,Helvetica,sans-serif>(765)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>Net Income</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>20,225</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>(782)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT style="FONT-SIZE: 10pt" color=#007399 face=Asap-Bold,Arial,Helvetica,sans-serif>19,443</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR></TABLE>

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

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&nbsp; <A name="page_19"></A>

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<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: center; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Appendix 2</FONT></B></P></DIV>

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<TR>

   <TD width="22%"></TD>

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

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

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

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" width="2%"></TD>

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

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="100%" colSpan=9 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Balance Sheet - Am&#233;rica M&#243;vil Consolidated</FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="22%" align=left>&nbsp;</TD>

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

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

   <TD style="PADDING-RIGHT: 5pt" width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-RIGHT: 5pt" width="2%" align=left></TD>

   <TD width="22%" align=left>&nbsp;</TD>

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

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

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

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>

   <P style="MARGIN-LEFT: 8pt"><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of<BR></FONT><FONT color=#4d4d4d size=1 face=Arial>Mexican Pesos</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar &#8216;19<BR></FONT><FONT color=#4dd9ff size=1 face=Arial>IAS 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Changes<FONT color=#000000 size=3 face="Times New Roman"><BR></FONT>brought</FONT><BR><FONT color=#4dd9ff size=1 face=Arial>about by<BR>IFRS 16</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 5pt" vAlign=middle width="9%" align=right>

   <P align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar &#8216;19<BR></FONT><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>IFRS 16</FONT></P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none; PADDING-RIGHT: 5pt" vAlign=middle width="2%" align=right>

   <P align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar &#8216;19<BR></FONT><FONT color=#4dd9ff size=1 face=Arial>IAS 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Changes<FONT color=#000000 size=3 face="Times New Roman"><BR></FONT>brought</FONT><BR><FONT color=#4dd9ff size=1 face=Arial>about by<BR>IFRS 16</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar &#8216;19</FONT><BR><FONT color=#4dd9ff size=1 face=Arial>IFRS 16</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="22%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>358,480</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 5pt" vAlign=middle width="9%" align=right>

   <P align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>358,480</FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none; PADDING-RIGHT: 5pt" vAlign=middle width="2%" align=right>

   <P align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Liabilities</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 5pt" vAlign=middle width="9%" align=right>&nbsp;</TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none; PADDING-RIGHT: 5pt" vAlign=middle width="2%" align=right>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Short Term Debt*</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>161,416</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>161,416</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 5pt" vAlign=middle width="9%" align=right>&nbsp;</TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none; PADDING-RIGHT: 5pt" vAlign=middle width="2%" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Lease-Related Debt</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26,437</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26,437</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>

   <P style="MARGIN-LEFT: 8.5pt"><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif><EM>Non Current</EM><FONT size=3 face="Times New Roman"><BR></FONT><EM>Assets</EM></FONT></P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 5pt" vAlign=middle width="9%" align=right>&nbsp;</TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none; PADDING-RIGHT: 5pt" vAlign=middle width="2%" align=right>&nbsp;&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Current<FONT size=3 face="Times New Roman"><BR></FONT>Liabilities</FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>345,594</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>345,620</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>

   <P style="MARGIN-LEFT: 8.5pt"><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Plant &amp;<BR></FONT><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right>&nbsp;<FONT size=2 face=Arial>630,808</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right>&nbsp;<FONT size=2 face=Arial>115,542</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 5pt" vAlign=middle width="9%" align=right>&nbsp;<FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>746,350</FONT>&nbsp;</TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none; PADDING-RIGHT: 5pt" vAlign=middle width="2%" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right>&nbsp;<STRONG><FONT color=#007399 size=2 face=Arial>507,010</FONT></STRONG>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right>&nbsp;<STRONG><FONT color=#007399 size=2 face=Arial>26,463</FONT></STRONG>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right>&nbsp;<STRONG><FONT color=#007399 size=2 face=Arial>533,473</FONT></STRONG>&nbsp;</TD></TR>

<TR>

   <TD vAlign=middle width="100%" colSpan=9>&nbsp;</TD></TR>

<TR>

   <TD vAlign=middle width="100%" colSpan=9>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" vAlign=middle width="22%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Deferred Assets</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="2%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 0pt" vAlign=middle width="22%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Liabilities</FONT></I>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>

   <P style="MARGIN-LEFT: 8.5pt"><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Goodwill (Net) &amp;<BR></FONT><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Intangible Assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>269,778</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 5pt" vAlign=middle width="9%" align=right>

   <P><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>269,778</FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none; PADDING-RIGHT: 5pt" vAlign=middle width="2%" align=right>

   <P><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 0pt" vAlign=middle width="22%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Long Term Debt</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>492,917</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>492,917</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" vAlign=middle width="22%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Others</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>175,895</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 5pt" vAlign=middle width="9%" align=right>

   <P><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>175,895</FONT>&nbsp;</P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none; PADDING-RIGHT: 5pt" vAlign=middle width="2%" align=right>

   <P><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 0pt" vAlign=middle width="22%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Lease-Related Debt</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>89,861</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>89,861</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="2%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 0pt" vAlign=middle width="22%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Liabilities</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>176,480</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>176,480</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="2%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,176,407</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>116,324</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,292,730</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=left>&nbsp;</TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="2%" align=left>&nbsp; </TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 0pt" vAlign=middle width="22%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Shareholder's Equity</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>258,554</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(782)</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>257,772</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right>

   <P><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="2%" align=right>

   <P><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" noWrap align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" vAlign=middle width="22%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Assets</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,434,960</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>115,542</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; PADDING-RIGHT: 5pt" vAlign=middle width="9%" align=right>

   <P><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,550,502</FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #0080ff 1px solid; BORDER-LEFT: medium none; PADDING-RIGHT: 5pt" vAlign=middle width="2%" align=right>

   <P><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="22%" noWrap align=left><FONT color=#007399 size=2 face=Arial><STRONG>Total Liabilities <BR></STRONG><STRONG>and Equity</STRONG><FONT color=#000000 size=3 face="Times New Roman">&nbsp;</FONT></FONT></TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,434,960</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>115,542</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,550,502</FONT></B>&nbsp;</TD></TR></TABLE>

<P>&nbsp;</P>

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



<TR>

   <TD width="82%"></TD>

   <TD width="17%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Net debt/EBITDA - Am&#233;rica M&#243;vil Consolidated</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dollar terms</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mar&#8217; 19</FONT>&nbsp;</TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" colSpan=2>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Net debt/ EBITDA*</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.27x</FONT>&nbsp;</TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" colSpan=2>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Net debt - Leases/EBITDA AL*</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.08x</FONT>&nbsp;</TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" colSpan=2>&nbsp;</TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" colSpan=2>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Net debt - Leases/ EBITDA</FONT><SUB><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>IAS17 </FONT></SUB><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>LTM**</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.95x</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=2 align=left><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>EBITDA AL = EBITDA after leases = EBITDA - &#8221; depreciation costs - &#8221; interests costs</FONT></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=2 align=left><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>* Annualizing first quarter EBITDA and EBITDA AL.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=2 align=left><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>** Using LTM EBITDA under IAS 17.</FONT></TD></TR></TABLE>

<DIV></DIV>

<DIV></DIV>

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



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

&nbsp; <A name="page_20"></A>

<a name="_bclPageBorder20"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

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

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; TEXT-ALIGN: center; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: medium none; MARGIN: 0in 0in 0pt; PADDING-RIGHT: 0in"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Appendix 3</FONT></B></P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt" color=#007298 face=asap></FONT></B>&nbsp;</P>

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

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



<TR>

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

   <TD width="20%"></TD>

   <TD width="20%"></TD>

   <TD width="20%"></TD></TR>

<TR>

   <TD width="100%" colSpan=4></TD></TR>

<TR>

   <TD width="100%" colSpan=4>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="40%" align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EBITDA (IAS 17) </FONT><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions in Local Currency</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="40%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

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

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>22,666</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>22,430</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" 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: #0080ff 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: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Argentina, Paraguay &amp; Uruguay</FONT></B>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7,398</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,167</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>43.2%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>36.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>36.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

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

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,957</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,836</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.3%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.1%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

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

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>32,732</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>34,410</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.9%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

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

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,224</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,146</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>41.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40.8%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

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

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>130</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>124</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Per&#250;</FONT></B>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>314</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>316</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" 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: #0080ff 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: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.7%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Central America</FONT></B>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.503pt" width="40%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA Pro Forma</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>195</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>207</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-5.8%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.4%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

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

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD>

   <TD width="20%" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>135</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>129</FONT></B>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.7%</FONT></B>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.9%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.0%</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" width="20%" align=left>&nbsp;</TD></TR></TABLE>

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&nbsp; <A name="page_21"></A>

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

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<TR>

   <TD vAlign=top width="10%"><FONT color=#007298 size=2><STRONG>A</STRONG><STRONG>RPU</STRONG></FONT></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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="10%"><FONT color=#007298 size=2><STRONG>&nbsp; </STRONG></FONT></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>ARPM</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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="10%"><STRONG><FONT color=#007298 size=2>&nbsp;&nbsp; </FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>Capex</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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="10%"><STRONG><FONT color=#007298 size=2>&nbsp; </FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>Churn</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>&nbsp; </FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>EBIT</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Earnings Before Interest and Taxes, also known as Operating Profit.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>&nbsp;</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap></FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: left" align=left><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>EBIT <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>margin</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>The ratio of EBIT to total operating revenue.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: left" align=left><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>EBITDA</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Earnings Before Interest, Taxes, Depreciation, and Amortization.</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>&nbsp; </FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>EBITDA<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>margin</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>The ratio of EBITDA to total operating revenue.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>EPS <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>(Mexican <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>pesos)</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Earnings <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>per ADR <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>(US$)</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Total earnings in U.S. dollars divided by total ADRs equivalent.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Equity</FONT></B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap> <BR></FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>subscribers</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Subscribers weighted by the economic interest held in each company.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Gross <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>additions</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Total number of subscribers acquired during the period.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Licensed <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>pops</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Licensed population. Population covered by the licenses that each of the companies manage.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>LTE</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>&nbsp;</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Market<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>share</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>A company&#8217;s subscriber base divided by the total number of subscribers in that country.</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>MBOU</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>&nbsp;</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>MOU</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>&nbsp;</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Net <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>subscriber <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>additions</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>Net debt</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Total short and long term debt minus cash and marketable securities.</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>&nbsp;</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Net debt <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>/ EBITDA</FONT></B></P></TD>

   <TD vAlign=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 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=bottom width="90%" align=left>

   <P align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>Prepaid</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>&nbsp;</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>Postpaid</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>&nbsp;</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>SMS</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Short Message Service.</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>&nbsp;</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P><STRONG><FONT style="COLOR: #007298" size=2>SAC</FONT></STRONG></P></TD>

   <TD vAlign=bottom width="90%" align=left><FONT color=#007298 size=2>

   <P align=left><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.</FONT></P></FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 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=bottom width="90%"><FONT color=#007298 size=2>

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>&nbsp;</FONT></B></P></FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Wireless&nbsp;</FONT></B></P></TD>

   <TD vAlign=bottom width="90%"><FONT color=#007298 size=2>

   <P style="TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap></FONT></B></P></FONT></TD></TR>

<TR>

   <TD vAlign=top width="10%"><STRONG><FONT color=#007298 size=2>penetration</FONT></STRONG></TD>

   <TD vAlign=bottom width="90%">

   <P style="TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" 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></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=black face=Asap></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

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   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.32</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.34</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.22</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.76</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.90</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.32</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.77</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.25</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>43.35</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20.15</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>115.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.01</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.69</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>98.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>679</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>603</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.5%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>667</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>602</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,191</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,780</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,137</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,857</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.68</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.8%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.72</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.37</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.60</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.64</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.75</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.71</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.16</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.53</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.98</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>604</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>569</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>610</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>572</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.6%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.32</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.23</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.33</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.24</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,181</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,548</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,074</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,581</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.48</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.82</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.51</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>50.59</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>50.56</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>48.96</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 8.505pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.505pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.89</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.81</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.9%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.505pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.88</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.81</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.3%</FONT>&nbsp;</TD></TR></TABLE></DIV>

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



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<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

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



<TR>

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

   <TD width="18%"></TD>

   <TD width="21%"></TD>

   <TD width="14%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q19</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1Q18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.20</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.20</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.24</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.10</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>104.3%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.03</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.05</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>93.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.1</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.9</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.7</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.1</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>165</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>152</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.0%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>163</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>152</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.2%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.40</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.27</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.29</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.28</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.27</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.69</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.70</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.69</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.65</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.26</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.03</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.73</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.48</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.1%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.18</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>320</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>302</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>316</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>297</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.73</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.55</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.71</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.52</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.4%</FONT>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" 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: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.62</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.69</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 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: #0080ff 1px solid; TEXT-INDENT: 8.504pt" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.63</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.61</FONT>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #0080ff 1px solid" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</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>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<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><FONT color=#000000 size=3 face="Times New Roman">Date:&nbsp;April 30, 2019</FONT></DIV>

<DIV style="TEXT-INDENT: 4%">&nbsp;</DIV>

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   <TD vAlign=top width="43%" colSpan=3>

   <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 height=16 width="3%"></TD>

   <TD width="3%"></TD>

   <TD width="37%"></TD></TR>

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   <DIV style="MARGIN-LEFT: 2%; TEXT-INDENT: -2%"></DIV></TD>

   <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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