美洲移动 2026年年度报告和过渡报告

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” and “emerging growth company” in Rule 12b-2 ofthe Exchange Act☒Large accelerated filer☐Accelerated filer☐Non-accelerated filer☐Emerging growth companyIndicate by check mark whether the registrant has filed a report on and attestation to its management’sassessment of the effectiveness of its internal control over financial reporting under Section 404(b) of theSarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued itsaudit report.Yes☒No☐If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financialstatements of the registrant included in the filing reflect the correction of an error to previously issued financialstatements.Yes☐No☒Indicate by check mark whether any of those error corrections are restatements that required a recoveryanalysis of incentive-based compensation received by any of the registrant’s executive officers during therelevant recovery period pursuant to § 240.10D-1(b).Yes☐No☒Indicate by check mark which basis of accounting the registrant has used to prepare the financial statementsincluded in this filing☐U.S. GAAP☒International Financial Reporting Standards as issued by the International AccountingStandards Board☐OtherIf “other” has been checked in response to the previous question, indicate by check mark which financialstatement item the registrant has elected to follow.☐Item 17☐Item 18If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ Table of Contents (See Form 20-F Cross Reference Guide on page 91) SELECTED FINANCIAL DATA4PART I: INFORMATION ON THE COMPANY5ABOUT AMÉRICA MÓVIL6OUR NETWORKS11OUR COMPETITORS12ACQUISITIONS, OTHER INVESTMENTS AND DIVESTITURES12MARKETING, SALES AND DISTRIBUTION, CUSTOMER SERVICES13PART II:OPERATING AND FINANCIAL REVIEW AND PROSPECTS14OVERVIEW15RESULTS OF OPERATIONS17LIQUIDITY AND CAPITAL RESOURCES24PART III:RISK FACTORS29PART IV:SHARE OWNERSHIP AND MAJOR SHAREHOLDERS43MAJOR SHAREHOLDERS44RELATED PARTY TRANSACTIONS44DIVIDENDS45TRADING MARKETS45BYLAWS45PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS46TAXATION OF SHARES AND ADSs46PART V: CORPORATE GOVERNANCE52MANAGEMENT53CORPORATE GOVERNANCE59CONTROLS AND PROCEDURES61INSIDER TRADING61CORPORATE SUSTAINABILITY REPORT61CYBERSECURITY62CODE OF ETHICS63PART VI: REGULATION64PART VII: ADDITIONAL INFORMATION84EMPLOYEES85LEGAL PROCEEDINGS85PRINCIPAL ACCOUNTANT FEES AND SERVICES85 ADDITIONAL INFORMATION86FORWARD-LOOKING STATEMENTS88FORM 20-F CROSS REFERENCE GUIDE89SIGNATURES91PART VIII: CONSOLIDATED FINANCIAL STATEMENTS92 Table of Contents SELECTED FINANCIAL DATA We prepared our audited consolidated financial statements included in this annual report in accordance with IFRS AccountingStandards as issued by the International Accounting Standards Board (“IASB”) (“IFRS”). The selected financial information should beread in conjunction with, and is qualified in its entirety by reference to, our audited consolidated financial statements. We present our audited consolidated financial statements in Mexican pesos (“Ps.”). This annual report contains translations of variousMexican peso amounts into U.S. dollars at specified rates solely for your convenience. You should not construe these translations asrepresentations that the Mexican peso amounts actually represent the U.S. dollar amounts or could be converted into U.S. dollars at therate indicated. Unless otherwise indicated, we have translated U.S. dollar amounts from Mexican pesos at the exchange rate ofPs.17.9667 to U.S.$1.00, which was the rate reported by Banco de México on December 31, 2025, as published in the Official Gazetteof the Federation (Diario Oficial de la Federación, or “Official Gazette”). On October 6, 2022, we combined our Chilean Operation, Claro Chile, S.A. (“Claro Chile”), with the Chilean operation of LibertyLatin America, Ltd. (“LLA”), VTR, in order to create Claro Chile, SpA.From October 6, 2022, to October 31, 2024, we classifiedClaro Chile, SpA as a joint venture and recognized its operations using the equity accounting method. The operations of Claro ChileS.A. prior to October 6, 2022 were classified as discontinued operations. On October 31, 2024, AMX converted its outstanding notesin Claro Chile, SpA into equity and consolidated Claro Chile, SpA into its operations. Therefore, the operations of Claro Chile, SpA,as from October 31, 2024 are consolidated into our operations. Immediately following such conversion, we held approximately 91.0%of the outstanding shares of Claro Chile, SpA and LLA held the remaining 9.0%. As of December 31, 2024, we had increased ourownership interest in Claro Chile, SpA, to 94.9%.