Good morning. My name is [Sade]. I will be your conference operator today. At this time, I would like to welcome everyone to the América Móvil Second Quarter 2021 Conference Call and Webcast. All lines have been placed on mute to prevent any background noise. After the speaker remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press the pound key. Thank you. Now, I will turn the call over to Ms. Daniela Lecuona, the Head of Investor Relations. Thank you. Good morning, everyone. Thank you for joining us today. We're here to discuss our second 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. Thanks, Daniela. Good morning, everyone. Thank you for being in the call. Carlos is going to make a summary of the results. Thank you, Daniel. Good morning, everyone. Well, as the U.S. economy recovered rapidly, signs of high inflation towards the latter part of the second quarter created uncertainty and confusion and low price corrections in some segments of the financial markets. The [year-on-year] credit notes, for instance, lost 15 basis points, which was equivalent to a 50% increase in yields as the market brought forward the expected path of increases in interest rates by the Fed. In several Latin American countries, inflation exceeded expectations and pushed some central banks, notably in Brazil and Mexico, to begin to hike interest rates. Foreign exchange volatility increased throughout Latin America. In this context, we added 4.2 million wireless subscribers in the second quarter, compared to a loss of nearly 5 million in the second quarter of 2020. With 1.1 million subs, Brazil accounted for half of the postpaid net adds of the quarter, followed by Austria with 289,000 and Peru with 234,000. Colombia was next with 159,000 subscribers. As for prepaid, net adds totaled 2 million subscribers, with Argentina accounting for 737,000, followed by Mexico with 432,000 and Brazil with 328,000. On the fixed-line platform we gained 128,000 broadband accesses, with Argentina and Colombia each contributing over 60,000 clients. Year-on-year, mobile postpaid exhibited the fastest rates of growth with 10.7%. Mobile prepaid followed suit with 5.6%, with fixed broadband coming in third with a 3.5% annual pace. Both fixed voice and Pay TV declined slightly less than 3% year-over-year. Revenues totaled MXN 253 billion, slightly higher in nominal pesos terms than a year before. At constant exchange rates, service revenue increased 5.3% year-on-year, and importantly, was up 1.8% on a sequential basis. It is to be noted that the second quarter of 2020 was the one in which the effects of the pandemic, both in terms of commercial activity and revenue, were most deeply felt, the annual comparison may be somewhat misleading. The first quarter of 2020 was largely free of the effects of the pandemic and happened to be a good reference. In the first quarter of this year, service revenue had risen 1.2% from the prior year. Service revenues and mobile service revenues are both greater than pre-pandemic levels. Prepaid and postpaid mobile service revenues are both at higher levels than they had prior to the pandemic, with prepaid revenues surging on the strength of the economic expansion in Mexico, the U.S., Central America, Caribbean, and Eastern Europe. Prepaid revenues were up 9.5% and postpaid 4.4% year- on- year. As for the fixed line platform, revenue in the different business lines has exhibited a smoother trend over the last several quarters, led by fixed broadband that has increased at levels of between 7% and 9%, and copper networks that have recovered ground in the last two quarters. Pay TV and wireline voice are both showing improving trends. Second quarter EBITDA came in at [MXN 84.9 billion], a 2.8% increase in nominal peso terms from the year earlier quarter. At constant exchange rates, it increased 11.9%. However, adjusted for the tariff discounts obtained by TracFone in the second quarter of last year, EBITDA had an even stronger performance, increasing 14.6%. The EBITDA margin was at 3.6%, which was 0.8 percentage points more than a year before in spite of the greater commercial activity. Our operating profit increased 9.3% to MXN 44.7 billion. Depreciation and amortization charges held steady at 19% of service revenues, resulting given the increase in EBITDA, in an operating profit that was up 17.9% at constant exchange rates on an annual basis and 6.2% quarter-over-quarter. Correcting for the tariff discounts referred to before, the annual increase in our operating profit would have been 23.7%. We registered a net comprehensive income in the amount of MXN 17.2 billion. As foreign exchange gains, MXN 21.1 billion and gains in our financial expenses, which were MXN 4.4 billion, more than offset our net interest expense of MXN 8.4 billion. Our net profit totaled MXN 42.8 billion in the second quarter, more than doubling that of the year-earlier quarter on the back of strong unit growth and our net comprehensive financial income. It was equivalent to MXN 65 per share or $64 per ADR. In the six months of June, our operating cash flow allowed us to fund CapEx in the amount of MXN 57.4 billion, reduce net debt in the amount of MXN 36.9 billion, which was quite substantial, certainly for the first half of the year, and buybacks here in the amount of MXN 11 billion, also quite substantial. In addition, we reduced by MXN 5.6 billion our level of obligations. In fact, our share buybacks through June, which amounted to 755.1 million shares, topped those ones of each of the last six years for the same period. Our free cash flow has exhibited a trend of strong growth, as you can see in the chart, for the last six years. We have been very steady, very consistent increase in free cash flow year- after- year for the last six years, increasing over 80% in dollar terms in the period. Finally, our net debt to EBITDA ratio plunged in this quarter, and it stood at 1.64x last 12 months EBITDA, down from 1.9x a year before. We have had the largest correction in the net debt to EBITDA ratio that we have seen in probably as many as 10 years. With that, I would like to open this for Q&A and probably throw it back to Daniel Hajj. Thank you. Thank you, Carlos. At this time, I would like to remind everyone, in order to ask a question, press star then the number one on your telephone keypad. We'll pause for just a moment to compile the Q&A roster. Your first question is from Marcelo Santos from JPMorgan. Your line is open. Hi. Good morning. Thanks for taking my questions. I wanted to ask about broadband in Brazil and in Mexico. The first question related to Brazil is, you have been losing subscribers in broadband, at least when we look at Anatel data through May. We have seen many players in Brazil going to fiber. New ISPs trying to list. We are seeing the large, like Oi, TIM, Vivo, creating these vehicles to invest in fiber. What are your plans in Brazil? How do you see this going? Do you plan to invest yourself more in fiber, migrate maybe your cable network to fiber? What would be the effect on CapEx? Mexico, I just wanted you to comment a bit on the competitive environment because you also saw some broadband losses in the quarter. If you could comment on that, it would be great. Thank you. Thank you, Marcelo. Is there Oscar? Yes. Hi, Marcelo. Well, first talking about Brazil. As you know, we have cable networks in Brazil. What we've been doing is upgrading the network. We have a very strong plan to break down the nodes in order to deliver more speed to our customers. When you look at the new sales, 60% of the new sales is in a product that is 240 Mbps. We already protect the network through that. We believe that we will protect all the HFC network. By the end of the year, we will upgrade 70% of the network to really deliver the speed that the market is needed. Secondly, talking about fiber to the home, we already have 3 million home passes with fiber to the home. We opened 110 new cities with GPON technology in order to compete with fiber. When you look at those cities, 110 cities, the penetration that we are getting in those cities is quite relevant. We have a plan to finish the year with around 5 million home passes with GPON. When you look at the figures, we are the leaders on ultra broadband in the marketplace. Now we are not only focused on the speed that we need to deliver, the speed that the market is needed and the competition is offering. As you know, we are focused on the combo play that we add Claro Box TV, and that proposition has been working pretty good. As you know, the ISPs are growing pretty rapidly, but in the regions that we don't have network. When you look at the market share and where we have network, we even increase a little bit of market share. That's the plan for Brazil. In Mexico, when you look at the customer base, 43% of the internet base is already GPON, and the rest is with VDSL. Just to give you a flavor, on the first half of the year, we built 1 million home passes with fiber, and we migrate 500,000 customers from copper to fiber. We want to increase that path of construction and migration in Mexico. As well in Mexico, the market has been receiving well accepted the bundles. That we are doing with the streamers providers. As you know, we have bundles with Netflix, with Disney+, and recently we launched with HBO Max. We are moving the customers to fiber as well in Mexico. Perfect. Thank you very much. Thank you. Your next question comes from the line of Leonardo Olmos from UBS. Your line is open. Hi, good morning, everyone. I want to discuss a bit the prepaid and postpaid division between mobile clients. We noticed a lot of prepaid additions, except for Brazil, of course, had a lot of postpaid. If you can discuss how they see the largest countries or regions, the prepaid and postpaid mix, how do you see that playing out in 2021, considering that the market had a lot of disconnections prepaid last year due to the pandemic? How do you see the prepaid playing out in the second half of 2021? Thank you. Well, we don't hear you so well. We don't know if you're talking about Mexico or Brazil, but I can tell you that in my view, since the pandemic starts, a lot of people are using more and more and becoming more digital. Of course, we had some disconnections last year in prepaid. I can tell you that this year, today, we have more prepaid subscribers than what we had last year before the disconnection. People start to reconnect again and start to use more. Our ARPU in Mexico, I'm talking about Mexico, the ARPU in Mexico is higher than the first quarter of last year. People is using more, people is connecting and using more data. That's more or less what. I think in the postpaid, people is still a little bit worried about the pandemic. They don't want to get something like a bill every month. That's why also some people is moving from postpaid to prepaid. As we're seeing, they are using a lot also data. In prepaid and postpaid all around Latin America, we're seeing the same. Anything else? Yeah. Well, first of all, thank you for hearing. That was my question exactly. Just a quick follow-up. Besides Brazil and Mexico that you discussed specifically, which other regions do you think there's more potential for prepaid growth, specifically prepaid growth? Thank you. Thank you. For the prepaid growth in, I think, Colombia, we're growing in prepaid. All Central America, we're growing also in prepaid. Dominican Republic, we're doing well. Eastern Europe also, we're growing in the prepaid side. All overall, sometimes people doesn't want to have a commitment every month, and they are moving to a prepaid platform. We think that they are having good ARPU and consuming well all the data. We're okay on that. That's very helpful. Thank you very much, and have a good day. Thank you. Again, to ask a question, please press star one on your telephone keypad. Again, that's star one on your telephone keypad. Your next question is from Alejandro Gallostra from BBVA. Your line is open. Hi. Good morning, everyone. Thank you very much for taking my question. You've been significantly increasing the pace of share buybacks in recent months, and even before reaching your desired level of leverage. Do you expect an increased amount of capital distributions to shareholders once you reach your 1.5x net debt EBITDA and complete the sale of Verizon? You're already reaching your desired levels of capital distributions to shareholders? Thank you. Well, I think what I mentioned in the overview a moment ago, was that we had actually very good cash flow in this first half of the year, that allowed us to pay nearly $2 billion of debt. We normally generate the cash flow from the operation. This is before getting any of the proceeds from TracFone or whatever we might end up having with [audio distortion]. I think that gave us confidence that we were very much on track to get to our desired levels. We need to wait a little bit longer. I think that's a little bit dependent on the company today. We will be reaching our levels, and we are confident that the two things I mentioned, both TracFone and [audio distortion], are still on track to close this year. With that, I think that maintaining a good cash flow allows us to pay the share buybacks. We have a good cash flow. Okay, thank you very much. Thank you. Your next question is from Carlos Legarreta from GBM. Your line is open. Hi, thank you. Good morning. I have two questions, if I may. The first one regarding CapEx, we see that in the first six months of 2021, it's actually down versus last year. Does this imply that it will pick up significantly during the second half, has something changed there? The second one, in terms of regulation in Mexico, there's been a public consultation regarding the potential wholesale deregulation for rates for Telmex in certain municipalities. I'd like to understand if this can lead to perhaps the authorities granting Telmex a Pay TV license in those areas. Thank you. Well, on the CapEx side, we have our budget of MXN 8 billion, 5% more, 5% less. We are in that range, and we are on track for the first six months. We are on budget, and we're not increasing anything else. What Oscar says about fiber to the home in Brazil, fiber to the home in Mexico, we have also a lot of fiber to the home all around Latin America. Everything is included in this budget. That's more or less. On Telmex, on Pay TV, I hope we can get it. Yeah, there's a lot of times that the IFT is saying that it's going to give us the TV. I hope that we can have the TV in Telmex for this year. As we said always, maybe not in the world, there's a one phone company that doesn't have a Pay TV license. I hope that we can get that Pay TV license this year. Do you think it's reasonable to think that those processes are related or not necessarily? I don't think so. Not necessarily is related to that. We have been having the Pay TV for maybe 10 years now. We're asking for the Pay TV for more than that. I hope this year we can get it. Okay. Thank you. Thank you. Your next question is from Arturo Langa from Itaú BBA. Your line is open. Hi, good morning. Thank you for taking my question. Just one. I wanted to see if you can provide any more color regarding Colombia and what you're seeing there from the launch of WOM's operation. Just to get a sense, how aggressive do you perceive them to be right now? What is the base case that we should be working with? Should we expect something like when AT&T went into Mexico or maybe when WOM came into Chile? When Telmex came into Peru. Is that your working assumption? Do you expect something much less aggressive? That would be great. Thank you. I cannot compare what they do, AT&T Mexico or the other ones in Chile or in Peru. I think WOM today in Colombia is very aggressive. Their plans are very aggressive. I think it's not only aggressiveness. You need to have a good network, a good branding. We have quad play, convergence, customer care centers, good distribution network. There's a lot of things around a good offer, okay. Customers, we have a very good NPS in Colombia. People prefer us. Of course, there's strong competition there. There's three other big competitors, WOM, Telefónica, and [TiVo]. We feel comfortable. We're investing there in the network. We're having good quality there. The convergence is very important for us. We have been putting a lot of our subscribers in quad play. What can I say? It's a big competition. It's a strong competition. Good competitors. We're competing against good competitors, but we feel that we're in a good position in Colombia. Thank you. There are no further questions at this time. I will now turn the call over back to Mr. Daniel Hajj for final remarks. Okay, well. It was a short call. Thank you, everyone. I don't know if you want to add something, Carlos or Oscar? No. No, thank you. Thank you. Thank you very much. Thank you. This concludes today's conference call, you may disconnect. Perfect.