America Movil, S.A.B. de C.V. (AMX) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. My name is Caleb, and I will be your conference operator today. At this time, I would like to welcome everyone to the America Movil Second Quarter twenty twenty six Conference Call and Webcast. All lines have been placed on mute to prevent any background noise. After the speakers' 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 star one again. Thank you. I will now turn the call over to Ms. Daniela Laquana, Head of Investor Relations. Hi. Good morning, everyone. Thank you for joining us today to discuss our second quarter twenty twenty six financial and operating results. We have on the line Mr. Daniel Haas, CEO Mr. Carlos Garcia Moreno, CFO and also Mr. Ricardo Mujalke, COO. Thank you, Daniela. Welcome everyone to America Movil's second quarter of twenty twenty six financial and operating report and Carlos is going to give us a summary of the results. Thank you, Daniel. Good morning everyone. Well, we can see that throughout the second quarter with the Iran world raging, oil prices remained elevated, peaking mid May at a price roughly 70% higher than prior to the war. This brought about greater concerns regarding inflation worldwide and the expectation and in some cases the reality of higher interest rates including those at the long end of the yield curve. The thirty year U. Treasury notes reached their highest yield in nearly twenty years. However, in spite of the supporting dollar rates, the U. S. Dollar did not grow stronger against most currencies in our region of operations this year in the quarter and in fact actually depreciated 6% versus the Colombian peso. In ...