XML 141 R16.htm IDEA: XBRL DOCUMENT v3.22.1
Intangible assets, net and goodwill
 12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Intangible assets, net and goodwill
11. Intangible assets, net and goodwill
a)
An analysis of intangible assets at December 31, 2019, 2020 and 2021 is as follows:
 
 
 
For the year ended December 31, 2019
 
 
 
Balance at
beginning of
year
 
 
Acquisitions
 
 
Acquisitions
in business
combinations
 
 
Disposals and
other
 
 
Amortization
of the year
 
 
Effect of
translation of
foreign
subsidiaries
and
Hyperinflation
adjustment
 
 
Balance at end
of year
 
Licenses and rights of use
  
Ps.
 233,478,974    
Ps.
 13,206,877
 
 
Ps.
 7,844,339
 
 
Ps.
 7,286,114
 
 
Ps.
—  
 
 
Ps.
 (15,715,442
) 
 
Ps.
 246,100,862  
Accumulated amortization
     (130,180,579
)
 		  
 
—  
 
 
 
—  
 
 
 
 (2,391,624
) 
 
 
 (11,577,160
) 
 
 
 9,481,480
 
 
 
 (134,667,883
)
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
     103,298,395       13,206,877
 
 
 
 7,844,339
 
 
 
 4,894,490
 
 
 
 (11,577,160
)
 
 
 
 (6,233,962
)
 
 
 
 111,432,979
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Trademarks
     28,207,166       53,467
 
 
 
— 
 
 
 
 
 (6,012
)
 
 
 
—
  
 
 
 
 (835,613
)
 
 
 
 27,419,008  
Accumulated amortization
     (23,539,961
)
 
     —
  
 
 
 
—
  
 
 
 
 —
  
 
 
 
 (1,008,483
)
 
 
 
 618,145
 
 
 
 (23,930,299
)
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
     4,667,205       53,467
 
 
 
—
  
 
 
 
 (6,012
)
 
 
 
 (1,008,483
) 
 
 
 (217,468
)
 
 
 
 3,488,709  
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Customer relationships
     25,543,068       20,248
 
 
 
—  
 
 
 
 5,507
 
 
 
—
  
 
 
 
 (2,693,812
)
 
 
 
 22,875,011
 
Accumulated amortization
     (18,761,537
)
 
     —
  
 
 
 
—
  
 
 
 
 —
  
 
 
 
 (3,371,924
) 
 
 
 2,357,831
 
 
 
 (19,775,630
) 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
     6,781,531       20,248
 
 
 
— 
 
 
 
 
 5,507
 
 
 
 (3,371,924
) 
 
 
 (335,981
)
 
 
 
 3,099,381  
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Software licenses
     14,309,258       2,729,480
 
 
 
—
  
 
 
 
 (949,858
) 
 
 
 —
  
 
 
 
 (2,984,770
)
 
 
 
 13,104,110
 
Accumulated amortization
     (7,704,803
)
 
     —
 
 
 
 
 
—
  
 
 
 
 (1
)
 
 
 
 (2,479,088
)
 
 
 
 2,183,149
 
 
 
 (8,000,743
)
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
     6,604,455       2,729,480
 
 
 
—
  
 
 
 
 (949,859
)
 
 
 
 (2,479,088
)
 
 
 
 (801,621
)
 
 
 
 5,103,367  
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Content rights
     7,549,709       1,427,694
 
 
 
— 
 
 
 
 
 1,638,007
 
 
 
—
  
 
 
 
 (455,228
)
 
 
 
 10,160,182
 
Accumulated amortization
     (6,763,592
)
 
    
— 
 
 
 
 
—
  
 
 
 
 (8,720
)
 
 
 
 (1,772,779
)
 
 
 
 429,862
 
 
 
 (8,115,229
)
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
     786,117       1,427,694
 
 
 
—
  
 
 
 
 1,629,287
 
 
 
 (1,772,779
)
 
 
 
 (25,366
)
 
 
 
 2,044,953
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Total of intangibles, net
  
Ps.
 122,137,703    
Ps.
 17,437,766
 
 
Ps.
 7,844,339
 
 
Ps.
 5,573,413
 
 
Ps.
 (20,209,434
) 
 
Ps.
 (7,614,398
) 
 
Ps.
 125,169,389  
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Goodwill
  
Ps.
 145,566,497    
Ps
.
—  
 
 
Ps.
 10,869,571
 
 
Ps.
 (843,005
) 
 
 
—  
 
 
Ps.
 (2,693,262
) 
 
Ps.
 152,899,801  
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
 
  
For the year ended December 31, 2020
 
 
  
Balance at
beginning of
year
 
 
Acquisitions
 
  
Acquisitions
in business
combinations
 
 
Disposals and
other
 
 
Amortization
of the year
 
 
Effect of
translation of
foreign
subsidiaries
and
Hyperinflation
adjustment
 
 
Balance at end
of year
 
Licenses and rights of use
 
Ps.
 246,100,862
 
 
Ps.
15,079,714
 
 
Ps.
 4,436,313
 
 
Ps.
 1,502,981
 
 
Ps.
—  
 
 
Ps.
 (14,029,709
) 
 
Ps.
 253,090,161  
Accumulated amortization
 
 
 (134,667,883
) 
 
 
—  
 
 
 
—  
 
 
 
 105,892
 
 
 
 (14,274,497
) 
 
 
 14,227,424
 
 
 
 (134,609,064 ) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net
 
 
 111,432,979
 
 
 
 15,079,714
 
 
 
 4,436,313
 
 
 
 1,608,873
 
 
 
 (14,274,497
) 
 
 
 197,715
 
 
 
 118,481,097  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks
 
 
 27,419,008
 
 
 
 162,309
 
 
 
 12,110
 
 
 
 4,000
 
 
 
—  
 
 
 
 1,534,938
 
 
 
 29,132,365  
Accumulated amortization
 
 
 (23,930,299
) 
 
 
—  
 
 
 
—  
 
 
 
 (4,276
) 
 
 
 (300,727
) 
 
 
 (1,119,645
) 
 
 
 (25,354,947 ) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net
 
 
 3,488,709
 
 
 
 162,309
 
 
 
 12,110
 
 
 
 (276
) 
 
 
 (300,727
) 
 
 
 415,293
 
 
 
 3,777,418  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
 
 
 22,875,011
 
 
 
 1,935
 
 
 
 2,689,718
 
 
 
 (5,763
) 
 
 
—  
 
 
 
 4,018,365
 
 
 
 29,579,266  
Accumulated amortization
 
 
 (19,775,630
) 
 
 
—  
 
 
 
—  
 
 
 
 855
 
 
 
 (1,654,237
) 
 
 
 (3,996,593
) 
 
 
 (25,425,605 ) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net
 
 
 3,099,381
 
 
 
 1,935
 
 
 
 2,689,718
 
 
 
 (4,908
) 
 
 
 (1,654,237
) 
 
 
 21,772
 
 
 
 4,153,661  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Software licenses
 
 
 13,104,110
 
 
 
 2,445,784
 
 
 
 36
 
 
 
 (2,485,429
) 
 
 
—  
 
 
 
 4,236,645
 
 
 
 17,301,146  
Accumulated amortization
 
 
 (8,000,743
) 
 
 
—  
 
 
 
—  
 
 
 
 2,013,617
 
 
 
 (2,667,870
) 
 
 
 (3,578,452
) 
 
 
 (12,233,448 ) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net
 
 
 5,103,367
 
 
 
 2,445,784
 
 
 
 36
 
 
 
 (471,812
) 
 
 
 (2,667,870
) 
 
 
 658,193
 
 
 
 5,067,698  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Content rights
 
 
 10,160,182
 
 
 
 1,570,415
 
 
 
—  
 
 
 
 (313,942
) 
 
 
—  
 
 
 
 619,657
 
 
 
 12,036,312  
Accumulated amortization
 
 
 (8,115,229
) 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
 (1,440,749
) 
 
 
 (503,241
) 
 
 
 (10,059,219 ) 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
 
 
 2,044,953
 
 
 
 1,570,415
 
 
 
—  
 
 
 
 (313,942
) 
 
 
 (1,440,749
) 
 
 
 116,416
 
 
 
 1,977,093
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Total of intangibles, net
 
Ps.
 125,169,389
 
 
Ps.
 19,260,157
 
 
Ps.
 7,138,177
 
 
Ps.
 817,935
 
 
Ps.
 (20,338,080
) 
 
Ps.
 1,409,389
 
 
Ps.
 133,456,967
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Goodwill
 
Ps.
 152,899,801
 
 
Ps.
—  
 
 
Ps.
 (7,014,120
) 
 
Ps.
 (537,343
) 
 
Ps.
—  
 
 
Ps.
 (2,295,479
) 
 
Ps.
 143,052,859  
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
 
 
For the year ended December 31, 2021
 
 
 
Balance at
beginning of
year
 
 
Acquisitions
 
 
Disposals and
other
 
 
Amortization
of the year
 
 
Effect of
translation of
foreign
subsidiaries
and
Hyperinflation
adjustment
 
 
Balance at end
of year
 
Licenses and rights of use
  
Ps.
 
253,090,161
 
  
Ps.
 
24,406,905
 
  
Ps.
 
(4,427,685
) 
  
Ps.
 
—  
 
  
Ps.
 
(7,011,691
) 
  
Ps.
 
266,057,690
 
Accumulated amortization
  
 
(134,609,064
) 
  
 
—  
 
  
 
6,764,067
 
  
 
(14,682,451
) 
  
 
6,737,503
 
  
 
(135,789,945
) 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
  
 
118,481,097
 
  
 
24,406,905
 
  
 
2,336,382
 
  
 
(14,682,451
) 
  
 
(274,188
) 
  
 
130,267,745
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Trademarks
(1)
  
 
29,132,365
 
  
 
75,100
 
  
 
(1,129,666
) 
  
 
—  
 
  
 
(401,946
) 
  
 
27,675,853
 
Accumulated amortization
  
 
(25,354,947
) 
  
 
—  
 
  
 
802,717
 
  
 
(140,205
) 
  
 
308,745
 
  
 
(24,383,690
) 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
  
 
3,777,418
 
  
 
75,100
 
  
 
(326,949
) 
  
 
(140,205
) 
  
 
(93,201
) 
  
 
3,292,163
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Customer relationships
(1)
  
 
29,579,266
 
  
 
229,936
 
  
 
(4,133,408
) 
  
 
—  
 
  
 
(1,105,668
) 
  
 
24,570,126
 
Accumulated amortization
  
 
(25,425,605
) 
  
 
—  
 
  
 
3,830,742
 
  
 
(707,500
) 
  
 
1,093,401
 
  
 
(21,208,962
) 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
  
 
4,153,661
 
  
 
229,936
 
  
 
(302,666
) 
  
 
(707,500
) 
  
 
(12,267
) 
  
 
3,361,164
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Software licenses
  
 
17,301,146
 
  
 
2,660,330
 
  
 
(3,484,755
) 
  
 
—  
 
  
 
(1,225,585
) 
  
 
15,251,136
 
Accumulated amortization
  
 
(12,233,448
) 
  
 
(626
) 
  
 
3,482,440
 
  
 
(2,738,978
) 
  
 
1,052,938
 
  
 
(10,437,674
) 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
  
 
5,067,698
 
  
 
2,659,704
 
  
 
(2,315
) 
  
 
(2,738,978
) 
  
 
(172,647
) 
  
 
4,813,462
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Content rights
  
 
12,036,312
 
  
 
818,436
 
  
 
(281,747
) 
  
 
—  
 
  
 
429,319
 
  
 
13,002,320
 
Accumulated amortization
  
 
(10,059,219
) 
  
 
—  
 
  
 
(147,668
) 
  
 
(899,666
) 
  
 
(404,537
) 
  
 
(11,511,090
) 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Net
  
 
1,977,093
 
  
 
818,436
 
  
 
(429,415
) 
  
 
(899,666
) 
  
 
24,782
 
  
 
1,491,230
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Total of intangibles, net
  
Ps.
133,456,967
 
  
Ps.
28,190,081
 
  
Ps.
1,275,037
 
  
Ps.
(19,168,800
) 
  
Ps.
(527,521
) 
  
Ps.
143,225,764
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Goodwill
(1)
  
Ps.
143,052,859
 
  
Ps.
—  
 
  
Ps.
(3,516,287
 )  
Ps.
—  
 
  
Ps.
(2,958,378
 )  
Ps.
136,578,194
 
   
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
 
(1)
 
Includes disposals related to the sale of TracFone. See
Note
 
2Ac. 
b) The aggregate carrying amount of goodwill is allocated as follows:
 
     2020     
2021
  
Europe
      Ps
.
 
 
53,388,139		     
 
Ps
.
 
 
52,307,190
 
Brazil
      18,730,686     
 
18,017,916
 
Puerto Rico
      17,463,394     
 
17,463,394
 
Dominican Republic
      14,186,723     
 
14,186,723
 
Colombia
      12,253,743     
 
11,685,585
 
México
      10,148,380     
 
10,164,814
 
Peru
      2,710,979     
 
2,532,770
 
Chile
      2,558,098     
 
2,311,239
 
El Salvador
      2,499,544     
 
2,510,595
 
United States (Tracfone)
 
(3)
      3,362,900     
 
—  
 
Ecuador
      2,155,384     
 
2,155,384
 
Guatemala
      2,301,533     
 
1,947,203
 
Other countries
      1,293,356     
 
1,295,381
 
    
 
 
     
 
 
  
       Ps.143,052,859     
 
Ps.136,578,194
 
    
 
 
     
 
 
  
c) The following is a description of the major changes in the “Licenses and rights of use” caption during the years ended December 31, 2019, 2020 and 2021:
2019 Acquisitions
i) In 2019, Claro Brasil increased its licenses value by Ps.
 
3,457,251 by renewal licenses Anatel and reversion of IRU of Telxus referring to ICMS.
ii) In 2019,
 
AMX’s subsidiary in
Austria acquired licenses to operate certain frequencies for Ps.
 
3,023,732, (3.5 GHz; EUR 64.3 mn), Belarus (2.1 GHz; EUR 9.5 mn) and Croatia (2.1 GHz; EUR 7.2 mn).
iii) In 2019, Telmex increased its licenses value by Ps.
 
459,668 for rights to use IFETEL with a validity of 20 years, and a right to use submarine cable with a validity of 10 years.
iv) In January 2019, Telcel acquired licenses for an amount of Ps.1,649,525 for PC´s 98 concessions titles and September 30, 2019 for 400 MHZ concessions titles.
v) In December 2019, Comcel increased its licenses value by Ps.
 
2,753,768 or (468,511,573,375 Colombian pesos) in accordance with Res.3386 of December 23, granted Claro (Comcel) the 20 years renewal of 10 MHz of spectrum in the 1900 MHz band.
vi) Additionally, in 2019, the Company acquired other licenses in Puerto Rico, Argentina, Guatemala, Panamá and other countries in the amount of Ps.
 
1,862,934.
2020 Acquisitions
i) In February 2020, Comcel increased its licenses value by Ps.
 
9,246,825 for an auction of the 30 Mhz spectrum in the 2,500 band for a period of 20 years in accordance with resolution. 325,326 and 327 of February 20, 2020 issued by the Ministry of Information and Communication (MINTIC)
ii) In 2020, Telcel acquired licenses for an amount Ps.
 
1,806,875 for Axtel and Ultra Vision concession titles valid from 2020 to 2040.
iii) In January 2020, CTE acquired licenses by Ps.
 
620,052 for 12 pairs of frequencies, advance payment of Advanced Wireless Services (AWS) band and complementary payment of AWS band of block 4.
iv) In 2020, TAG acquired licenses for the right of us for Ps.
 
1,704,280, in Slovenia and VIP Movil 1940E.
v) Additionally, in 2020, the Company acquired other licenses in Puerto Rico, Argentina, Uruguay, Honduras, Paraguay, Brasil and other countries in the amount of 
Ps.
 
1,701,682.
2021 Acquisitions
i) In December the subsidiary Claro Brasil acquired a 5G license for
Ps.
 
17,789,163
carried out by ANATEL in November 2021, for the sale of radio frequency bands. The total amount of this license was recorded in the intangibles line on December 31, 2021. 
ii) During the year, AMX’s subsidiary in Austria acquired licenses for
 Ps.
 
1,752,128
.
iii) In November, AMX’s subsidiary in the Dominican Republic acquired a 5G concession and right of operation until
 2041 for an amount of Ps.
 
2,008,503
.

iv) AMX’s subsidiary in Colombia renewed spectrum at 5 MHZ in the 1900 MHZ band for an amount of
Ps.
 
1,599,473
according to resolution 2802 of October 2021, and made acquisitions of terrestrial fiber optics and submarine cable valid for
2 and 3 years
.
v) In February 2021, AMX’s subsidiary in El Salvador acquired licenses for an amount of 
Ps.139,363
.
The concession is for 10 MHZ in the 1,900 mobile network bandwidth coverage in the national territory, exploitable as of February 28, 2021 with validity of
 20 years.
vi) In February 2021, AMX’s subsidiary in Chile acquired a concession for 
Ps.
 
411,375 for
 the Concession of Band 1900 MHZ with a term 
of 10 years.
Additionally, in 2021, the Company acquired other licenses in Mexico, Guatemala, Brazil, Ecuador, Peru, Argentina and other countries for an amount of
 
Ps.
706,900
Amortization of intangibles for the years ended December 31, 2019, 2020 and 2021 amounted to Ps.
 
20,209,434, Ps.
 
20,338,080 and Ps.
 
19,168,800 respectively.
Some of the jurisdictions in which the Company operates can revoke their concessions under certain circumstances such as imminent danger to national security, national economy and natural disasters.