Thank you. Good morning, everyone. We're here today to discuss our first quarter financial and operating results. We have on the line Mr. Daniel Hajj, CEO, Mr. Carlos García Moreno, CFO, and Mr. Oscar Von Hauske, COO. Thank you, Daniela. Good morning, everyone. Carlos is going to make a summary of the first quarter financial and operating results. Thank you, Daniel. Good morning, everyone. Well, the strong economic expansion in the U.S. that had gained momentum in the second half of 2020 continued unabated in the first quarter of the year, propelled by news of a second fiscal stimulus plan, talk of a new infrastructure program, and solid progress on vaccination. U.S. economic growth forecasts for 2021 were upgraded and initially led to an appreciation of the U.S. dollar versus most other currencies on the back of rapid increases in medium and long-term dollar interest rates. Various Latin American countries, including Mexico and Brazil, experienced new COVID waves that led to renewed confinements, constrained mobility, and a slowdown in economic activity. In spite of this, in the first quarter, we managed to obtain six million net subscriber additions, which was 41% more than a year before. 3.3 million, a little bit more than half of the net adds, were postpaid subscribers, most of them coming from Brazil, 2.4 million, followed by Peru, Colombia, and Austria. As regards prepaid, we gained 2.8 million, of which 812,000 came from Brazil, approximately half a million each from both Central America and Mexico, some 300,000 from Colombia, and 200,000 from Argentina. On the fixed line platform, we added 246,000 broadband clients, with almost every operation showing an increase in access lines, except for Austria, where we had disconnections of low-bandwidth clients. Colombia, Peru, Ecuador, and Argentina were the main contributors. At the end of March, our mobile postpaid subscriber base was up 7.8% year on year, followed by our fixed broadband accesses, up 4.7%. Even our prepaid base registered an increase from the prior year. Our first quarter revenues totaled MXN 248 billion, were nearly flat in nominal peso terms, with service revenue declining 1.1% year-on-year. At constant exchange rates, however, service revenues actually increased 1.2%, slightly lower than in the preceding quarter, where they had risen 2.2%. As we saw in the prior quarter, the main reason for our consolidated nominal peso revenues to decline, even though they had risen in local currency terms, had mostly to do with the sharp depreciation of the Brazilian real vis-à-vis the Mexican peso, which was fully 20.4%. The expansion of service revenues was driven by that of mobile service revenues, which decelerated to 1.7% from 4.1% the prior quarter and was supported by the continued recovery of fixed-line services. The deceleration of mobile service revenues mirrored that of postpaid, which slowed down in Brazil, Colombia, and Austria. Prepaid revenues, for their part, maintained their pace of growth at 2.4% for the third quarter in a row. Prepaid revenue growth showed a marked improvement relative to the year earlier quarter except for Mexico, Brazil, and Colombia. In these countries, economies appear to have been more affected by the pandemic in the first quarter of this year. Fixed-line service revenue growth turned positive, 0.1%, after several quarters of negative growth on the back of continued strong performance of fixed broadband services, which became our most important revenue line in the quarter, maintaining its nearly 8% annual pace. We registered an important improvement in corporate networks, with revenues expanding 2.4% in the quarter compared to a 2.9% decline in the fourth quarter. This tipped into positive territory the overall expansion of fixed line revenues. Fixed broadband revenue growth has accelerated sharply in some countries, including Peru, 42%, Colombia, 21%, the Dominican Republic and Ecuador, between 15% and 20%, with revenue growth staying on trend at around 7% to 8% in Chile, Brazil, and Central America. EBITDA rose 5.2% to MXN 81.7 billion. At constant exchange rates, it was up 8.1%, with EBITDA margin expanding almost two percentage points to 32.9%, supported by strict cost controls, lower selling and marketing expenses, again, having to do with restrictions on mobility and new confinement, and reduced bad loan provisions. We have had a very good experience collecting our invoices. Most countries registered strong EBITDA growth, 59% in the U.S., 47% in Puerto Rico, 36% in Peru, 16% in Dominicana, with Colombia and Central America expanding approximately 10% each. Even the margins rose across the board, increasing almost seven points in Peru, five in the Caribbean, both Puerto Rico and the Dominican, four in Central America, followed by Mexico, Brazil, and Argentina with two points each. With our operating profit increasing 5.7% to MXN 41.1 billion, and our comprehensive financing cost coming down by 55% year-on-year to MXN 35.9 billion, we were able to post a net profit of MXN 1.8 billion, reversing the MXN 39 billion loss raised a year before on account of foreign exchange losses. Our net profit was equivalent to MXN 0.03 per share or $0.03 per ADR. Our operating cash flow allowed us to fund capital expenditures in the amount of MXN 25 billion and to buy back shares worth MXN 4.4 billion. It allowed us to reduce our debt in cash flow terms by nearly MXN 10 billion. Our free cash flow, this chart is interesting. Our free cash flow, this is looking at EBITDA minus CapEx, has exceeded a solid path of growth over the last five years, even in the midst of the pandemic. The free cash flow has gone from $5.6 billion in the year 2016 to $9.4 billion in the year 2020, and has kept on rising in the 12 months to March to $9.6 billion. Even in spite of the deceleration in sales, in revenues that we have had, we have seen continued strong performance on EBITDA and free cash flow. Our net debt fell by MXN 20 billion in the first quarter, ending March at MXN 627 billion. This obviously includes the capitalized leases on the IFRS 16. At this time, it was equivalent to 1.77 times the EBITDA for the last 12 months. With that, I would like to pass the floor back to Daniel, and we can begin the Q&A session. Thank you. Thank you, Carlos. We can start with the first question. At this time, I'd like to remind everyone, in order to ask a question, please press star followed by the number one on your telephone keypad. We'll pause for a moment while we compile the Q&A roster. Our first question comes from the line of Marcelo Santos with JPMorgan. Go ahead, please. Your line is open. Good morning. Thank you for taking the question. I have two. The first is if you could provide an update on the tower spin-off operation that you're planning for América Móvil in Latin America. The second, if you could comment on the competitive environment in Colombia now that WOM has officially launched their mobile brand, mobile operations. Thank you. Good morning. Well, talking about the towers, we are currently implementing the structure within the América Móvil group to separate locally the towers and obtain the required approvals in the different countries prior to the final step, the spin-off at the América Móvil level. We think and we expect that this implementation will occur in this year, end of this year, is what we have right now. On Colombia, WOM and the competition, well, I think they already launched their plans at the beginning of April, mid of April. They were very aggressive plans, but I think we are well prepared to compete in Colombia. There is not only price in Colombia. I think we have a very good coverage. We have quad-play, so we have a lot of our customers in convergence. In quad-play offer, that is very important, reduce a lot our churn. We have one of the best qualities in Colombia in terms of in mobile and in fixed also. Good distribution. We have a very good distribution all around Colombia. Good image, Net Promoter Score, very high and very good image, and very good service. I think it's not only price. We are prepared to compete in price, but also we are prepared to compete in all these other things. We have a strong competition. Their plans were aggressive. We know that they are coming very aggressive, these plans, and we prepare for that, we are competing. I don't have any news. It's only 10 or 20 days of competition. This competition is gonna take all this year, we are prepared to compete. That's what I can say. Perfect. Just to follow up on the first question. The stock that's going to be listed on the tower spin-off, which exchange will it be listed? Is there any update there? No, we haven't decided anything until right now. We don't know if it's going to be on Mexico. Mexico. Mexico and the U.S. We need to make that definition in the next months. Perfect. Thank you very much. Our next question comes from the line of Alejandro Gallostra from BBVA. Go ahead, please. Your line is open. Hi. Good morning, Daniel, Carlos, Daniela. I have a couple of questions. First, you mentioned different reasons to explain the margin expansion in each country. What are the main reasons that are currently driving that margin expansion in all geographies if there is a common reason behind that expansion across the board? How much margin expansion do you expect going forward at a consolidated level? Second, could you comment about your FTTH deployment strategy in Mexico, and how much of your network is currently FTTH, and how you're expanding your FTTH footprint given the aggressive investment plans of your competitors? Thank you. Well, as Carlos said previously, I think part of the margin of the EBITDA growth that we had is controlling costs and expenses. We have been having, the last two, three years, digital transformation that is allowing us to reduce costs. That's mainly one of the reasons why we are reducing costs, because everything that we're doing, we're trying to do digital, saving people and reducing costs in a lot parts of the companies. Okay? In every country is different. In every country, the bad debt is different than in the other countries. The commercial expenses are gonna be different because we have different competition. Let's say in Colombia, we are putting more efforts in the commercial side. In other places, it's more on the administration or in the network. We are saving a lot with new technologies in the networks. We're gonna start to roll out 5G. We are already virtualize all the network that we have. In all the countries, we're virtualizing all the networks. It's a program, cost, expenses, technology, digital, that we have been having for the last two, three years, and it's not ending this year. It's gonna go for the next five years. It's a big program that we're having and is what we're doing. In the revenues, as Carlos said, in constant exchange rates, we grow a little bit on revenues. As he said, there's a new wave of COVID in the South of Latin America, and we have more stores closed, and our commercial has been hit a little bit. I think as the economy gets better in all these countries, I think we're gonna return with the revenue. That's more or less. In the FTTH, Oscar can tell us a little bit on Telmex, what we have been doing. No? Well, we've been operating the network with FTTH in Mexico. We have around 19 million passes, and we are the leaders in the market with Internet connections with the fiber to the home. We have 4.4 million connect homes with fiber, and we'll be growing every month to improve the network to FTTH and to migrate customers from copper to FTTH. Adding a little bit to what Daniel was mentioning, just to give you a little more color. The cost of service stayed in line with service revenues, selling and marketing expenses were down 6% at constant exchange rates, and administrative expenses were down 14%. We did have very major reductions as a lot of that came, as Daniel was saying, out of the digitalizations that have been implemented in the company. Okay. Thank you, Daniel, Carlos, and Oscar. Thank you. Thank you. Our next question comes from the line of Andres Coello with Scotiabank. Go ahead please. Your line is open. Thank you. Good morning, and thank you for taking my questions. two quick ones. First, can you give us an update on the negotiations with the Telmex Union regarding the pension liability? Second, given TracFone's strong results, how do you feel about achieving the performance measures, establishing agreement with Verizon regarding the $500 million in additional payment? Thank you. Well, talking first TracFone. Okay. I think the regulatory approval process for the sale of TracFone is ongoing. It's going well. We're working very closely with Verizon and the regulatory authorities to get clearance on that transaction. We think, and we believe that this transaction will be closed in the third quarter of this year. That is the first step. Second, the earn-outs that we have. I'm sure since the beginning, nothing changed with the performance of the company. The indicators that we put, I'm sure that we're going to comply with that, and we're going to take the earn-outs of what we agree in the transaction. It's around $500 million, and I think that we're going to get that. It's more or less that amount of money. I don't remember if it's MXN 500 or MXN 700, but we're sure that we're going to get the 100% or a big part of that earn-outs. On the Telmex negotiation, we're still in negotiations, nothing else to say. We are still negotiating with them, and we hope we can get on an agreement with the unions. Okay. That's mainly what I can tell you. Thank you very much. Thank you. Our next question comes from the line of Arturo Langa with Itaú BBA. Go ahead, please. Your line is open. Hi. Good morning, everyone. I apologize if this was already answered. I had some trouble in my line. With regards to the acquisition of Oi, when should we see that being consolidated into your financials? When do you expect to see that? Then two other questions, if I may, also similarly, when can we expect the sale of U.S. operations to be excluded from your reporting files? Lastly, if there's any color regarding the pay TV license request in Mexico, that would be useful. Thank you. Well, on Oi, the approval process before CADE and Anatel in Brazil is advancing accordingly with its different stages. All parties are committed to cooperate with the authorities during this process. We think that we can close this transaction this year also. We hope that this year we can consolidate Oi in our financials. That's the first one. The second one, I don't hear you very well. Can you repeat it, please? Yes. Sorry. With regards to the sale of TracFone to Verizon, when do you expect to discontinue the U.S. operations or stop reporting the U.S. operations in your results? When it's closed, I think we are thinking that this transaction is going to be closed in the third quarter of this year. That's our expectations. The pay TV license, we hope that we can get the pay TV license. We're working to get the pay TV license, well, nothing to say, only we're hoping to really get the pay TV license. Yeah, that's a lot of time working on that. Perfect. Thank you very much. Thank you. Our next question comes from the line of Carlos de Legarreta from GBM. Go ahead, please. Your line is- Hi. Thank you. I have two questions, please. The first one, in Mexico, you're mentioning a negative effect from the chip shortage from handset sales. However, this doesn't seem to have affected most of the other operations at all. Can you give us some color on whether this is an isolated effect in Mexico, or can we expect any problems like this in any other countries down the road? That's the first one. The second, please, in your financial statement for 2020, you show a significant revaluation of the entire tower portfolio. Can we take this figure as a proxy for the value unlocking associated with tower transactions? Thank you. I think it's not a secret that there's no chips for the handsets, and not only for the handsets, for the set-top boxes and for even cars. I read that there is some shortage in the chips for cars. There is a shortage in the chips all around the world, and it's getting worse. I think all the operations, we have been having some problems getting the handsets and the brands in the segments that we need. Also we have been having some shortage in the set-top boxes and the broadband boxes. All around, we're having some problems. I don't think it's going to get fixed immediately. We have been placing orders for some time ago, and it's been helping us to have the amount of equipment that we need. That's where we are. Carlos can talk a little bit about the revaluation. Yes, Carlos, as you point out, there was a process for revaluing the towers. As you know, under IFRS 16, you can choose whether you keep your assets or a certain category of assets at cost or whether you have it at market. We had a valuation on the towers, and then we kind of capped this valuation based on impairment tests that we have to come up with for various operations. Net, what we have is a first proxy, particularly for what's the value, mostly the value in Latin America. Okay. It is all of the full category of towers have been revalued. As you know, we have not yet determined anything regarding towers in Telekom Austria. Nonetheless, we have to bring all the category of towers within our consolidated results, and we had a certain revaluation. Okay. Thank you, Carlos. That sets the base for the spin-off eventually. Right. This will be incremental value over the book value you have over towers, right? That's correct. We have already affected the increment in value as of the end of December, which was when we changed the accounting policy to be able to adopt the new policy of booking towers based not on cost, but on market value. Right. I appreciate the answer. Thank you. Our next question comes from the line of Leonardo Olmos from UBS. Go ahead, please. Your line is open. Hi. Good morning, everyone. My question is related content and over-the-top content. We noticed that you have some new launches, for example, the Claro Box TV in Brazil. My question is, do you intend to roll out that to other regions, and what are the other content or over-the-top strategies that you have waiting for to be launched in 2021? Thank you. I think we launched Claro Box in Brazil, and we are thinking to launch that Claro Box all around Latin America in all the other countries. I think it's a good idea that Oscar can talk a little bit what's the Claro Box, and please, Oscar. Well, as you know, the pay TV traditional business has been moving. There is a lot of streaming offers in the market. We did guide and analyze how the market is moving on. I think Claro Box TV in Brazil, there is a full IP technology, and as well has a new functionality like voice recognition, catch-up TV, remote PVR. The good commercial proposition in the market is that you could start with basic packages, and then you could add on different streams that is more related to what the customer contents likes. You could add on, in the case of Brazil, Globoplay, or you could add on Netflix or Telecine or Paramount+ or sports. You could bundle your services given the profile of the customer. We feel that this, with a lot time, is more cost-efficient because it doesn't require installation. It's a service sold by the customer. As I mentioned before, it's a full IP that help us to manage better the traffic in the network. I think that is a unique proposition in the market. We will start in Brazil, and as Daniel mentioned, we are ready to open in other properties the same concept. I think we are adapting the trends that is happening in the pay TV. Let me add that this is not only pay TV. We see this as an entertainment hub. You could add on music as well. You could add on Facebook Watch and another add-ons that are in the market, and to set up like a hub, like that ecosystem of entertainment that we are offering in the market. Very interesting proposal. Okay. Thank you very much. Have a good day. Thank you. Thank you. Our next question comes from the line of Maria Azevedo with Banco Santander. Go ahead, please. Your line is open. Hi. Thank you for the call. My first question is on the CapEx. Can you comment a little bit on the CapEx outlook for the next years? You have a very strong network. Can we assume that 5G is not going to require an aggressive cycle of CapEx going forward? Any color on that would be very helpful. We already give you the color of what's going to be the CapEx of this year, and I don't think even for this year or for the next years, we are not going to have a substantial increase of CapEx for 5G. As we said in previous calls, we have been working to implement 5G, virtualizing networks, putting fiber in the towers, putting the photonics in the backbone. A lot of things we have been doing. We are ready to launch 5G in many countries, and we are not thinking to put more money because we are going to launch 5G. In our numbers 5G is included in this CapEx and in the future CapEx that we have. No substantial CapEx for next years. Perfect. Thank you. This is very positive. My second question is on the competitive environment in Brazil and Mexico for mobile. If you can comment a little bit on how the offers are. If you see any opportunities for price and ARPU increases, and if you can also comment on Claro Pay, that would be very helpful. Thank you very much. Claro Pay. Well, Claro Pay. Let's talk first on Brazil. I think on Brazil, we're gaining good market share, good subscribers on postpaid, and also in prepaid. What Carlos said at the beginning, the new wave of COVID is slowing down a little bit Brazil, I think it's slowing down for everybody, for all the companies. We have, at this moment, some store closes, our commercial activity is slowing down a little bit. Also, the helps in money that the government is giving to the people is reducing, also reduce a little bit the amount of money in the people in prepaid that they are spending. All overall, I can tell you that we have a very good network, very good proposal. We're doing and making our combos with fixed broadband and TV, also with wireless. We have a very good proposal for the customers, good quality. We are very competitive in Brazil at this moment in prepaid and in postpaid. In Mexico, well, Mexico, we're seeing that a lot of subscribers, not a lot, but some subscribers are moving and wants to be more careful and moving from postpaid to prepaid. They are starting to consume a little bit more. All overall, we are also competitive in Mexico. I think we're doing good in both countries in the wireless side, in the prepaid and postpaid side. On Claro Pay, we are advancing. We are advancing in all the countries. We are doing Claro Pay in Colombia, Brazil, Mexico, and putting Claro Pay in other ones. Well, that's gonna be a new offer that we're gonna do, and we're working on that. Nothing else to say right now. Perfect. Thank you very much. Thank you. Again, as a reminder, if you'd like to ask a question, please press star followed by the number one on your telephone keypad. Our next question comes from the line of Walter Piecyk with LightShed. Go ahead, please. Your line is open. Thanks. Daniel, just wanted to talk about the share repurchase. If I have it right, you did in pesos, I think it was MXN 6 billion. Last April, you upped it again another MXN 6 billion, so you probably should have MXN 200 million left, then you added MXN 25 billion. I think historically, you have utilized whatever you've been authorized to do over the course of the year. Is there any reason we should think about that differently as we look over the next four quarters when you get to next April when you look at your regular reauthorization plan? Well, let's wait until that time. Let's say in February, we ask for an extra fund, and we use it in this assembly. We do MXN 25 billion on Fundex. We're thinking to spend it. We think that share is a very good price, and we're thinking to spend all the fund that we have. If in the future we use it and we need more, then we're gonna do another one and ask for another fund. That's what we're thinking. We are increasing. In first quarter, we do a good buybacks, and we think that we're gonna do more or less the same for the rest of the year. That's mainly what I can tell you. More or less the same, meaning basically at the run rate you did in Q1. Thank you. Yeah. On dividends, at the April meeting, was there any discussion of kind of the dividend policy? I know that you kind of do this in the second half of the year. You've been kind of around MXN 0.19, MXN 0.20 per share. Should we think about a similar dividend policy going forward, or are you shifting more of your capital to share repurchase? What we discussed in this assembly was the dividend for this year, that is going to be MXN 0.40, and it is going to be like last year in, I think it is July and November. You are asking me for next year and what we are going to do? I really do not know. First, we need to sell what we need to sell to close all the transactions that we have, and then we are going to decide what to do. That is more or less. We have a lot of things. We have Oi transaction, we have TracFone transaction, and then we have the towers transaction. All of these, we are working hard and try to close everything this year. Depending on that is what decision we are going to take. Thank you. Just one last question, if you don't mind. In Mexico, I think there were some press reports very recently about maybe the struggles that Altán Redes has had to sign up subscribers and maybe hit some of their coverage targets. Has there been any discussion within Mexico about whether that spectrum is better utilized by yourself or AT&T in Mexico? No discussions with us. What you're telling me, I just read it in the press as you, and I don't have any discussions with nobody about the spectrum or about the company. No, I don't know nothing about that. Okay. Thank you, Daniel. Thank you. Thank you very much. Our next question comes from the line of Gilberto Garcia with Barclays. Go ahead, please. Your line is open. Hi. Good morning. Thank you for the call. Just a quick follow-up on the towers. Have you decided yet whether you will list the company in the U.S. market or only in Mexico? Thank you. They asked us at the beginning of the call. We don't know still if it's going to be on Mexico only, or it's going to be on Mexico and in the U.S. Still we are deciding. Okay. Thank you. We're deciding also if it's going to be only the LatAm towers and the European, we're still deciding when they are going to be. It's still we're working and having all the authorizations on the spin-off of all the towers now that we're going to get. A lot of work to do still. Very good. Thank you. Thank you. Our next question comes from the line of Arturo Langa with Itaú BBA. Go ahead, please. Your line is open. Hi. Thank you. Just to follow up, and it's maybe more of a strategic question, but we're seeing a lot of telecom groups around the world sort of reduce their footprint. For example, Telefónica pulling out of LatAm or Vodafone out of India, UVX is out of the U.S. Is there any read-through for your footprint? For example, looking at Europe, is there a possibility you could be reducing or selling assets going forward? Is there any consideration regarding that? I think we're very happy with Telekom Austria. It's a very good performance. The company is doing very good. We're growing in all Eastern Europe also. No, we haven't think of doing something like that. I think we're really happy with the performance of the company, being the partner with the government. That's magic. What we already do is TracFone, no? What you're saying is TracFone. Yes, we decide to sell TracFone, and that's an MVNO in the U.S., so it's a little bit different. Yes, we are looking what's the best for América Móvil, where we are and the expectations, the future expectations of the companies where we are is important. Okay. Maybe just on that, for example, regions like Chile or Argentina, which continue to consume cash, could there be a possibility maybe of reducing your presence there? Argentina is not consuming cash. Argentina is a very profitable company. I think they're doing very good cash flow, and Chile also is doing very good. Both companies are doing good. No, we haven't think also in doing something in Argentina, let's say, or in other places. Okay, understood. Thank you. That's very helpful. Thank you. Thank you. There are no further questions at this time. I'd like to turn the call back over to Mr. Daniel Hajj for some final comments. I just thank everyone for being in the call, and Daniela, Carlos, and Oscar, thank you very much. Thank you. Ladies and gentlemen, this concludes today's conference call. You may now disconnect.