América Móvil, S.A.B. de C.V. (NYSE:AMX) Q1 2023 Earnings Call Transcript

Luca Buntum : Hi, good afternoon everyone. Also two questions here from my side related to Mexican broadband. Looking at their fourth quarter, you had disconnections in broadband, and now you had very strong connections. So I just wanted to know if there was some sort of adjustment on quarter over quarter basis, or if those were just regular connections that if this is a trend that should continue going forward? And then my second question is also related to Mexican broadband. But on pricing, how are you seeing the dynamics for the year if there’s space to high prices, especially now considering that most of the base is being is now going to fiber? And you are always expanding your fiber penetration within the base? Thank you.

Daniel Hajj: Yes, well, the first one is that we will be putting a lot of resources in customer retention. So we’ve been reducing the churn. And secondly, we launched a new offering in the marketplace. It’s a great product is at 200 megabits symmetrical with fiber, a very, very good price. So that help us on the first quarter. And I think that we will continue in the next quarter because we will be focused on customer retention, improve the installation process and improve the repair processes across all the company. So, and we have a new offering as well. We are bundle. One of the largest streaming platforms in our broadband, a very good price. And this platform is based in advertising revenue, so the price of the streaming is very good. And I think we will get a good penetration of both products in the market.

Operator: This concludes our Q&A. I’m going to hand back to Mr. Daniel Hajj for any closing remarks.

Daniel Hajj: Well, just want to thank you, everybody, for being in the call. And Daniela, Carlos and Oscar, thank you very much.

Operator: This concludes today’s conference call. You may now disconnect.