|Bid||0.00 x 4000|
|Ask||0.00 x 3200|
|Day's Range||13.89 - 14.39|
|52 Week Range||11.59 - 15.24|
|Beta (5Y Monthly)||0.30|
|PE Ratio (TTM)||12.37|
|Forward Dividend & Yield||0.37 (2.68%)|
|Ex-Dividend Date||Oct. 23, 2020|
|1y Target Est||N/A|
At this time, I'd like to welcome everyone to the America Movil First Quarter 2021 Conference Call and Webcast. Now, I'll turn the call over to Ms. Daniela Lecuona, Head of Investor Relations. With me today to discuss our first quarter financial and operating results, we have on the line Mr. Daniel Hajj, CEO; Mr. Carlos Garcia Moreno, CFO; and Mr. Oscar Von Hauske, COO.
Mexican President Andres Manuel Lopez Obrador criticized the country's telecoms companies on Wednesday for impeding an initiative to create a national biometric cellphone user registry that is opposed both by industry and rights groups. Backed as a measure to improve public safety by the Senate this month, the registry would require companies to pay for collection of their clients' biometric data, which would then be stored and managed by the telecoms regulator. Rights groups say it poses a human rights violation and could lead to wrongful convictions if people's identities are stolen.
Mexico's America Movil said on Wednesday that it hopes to close the sale of its U.S. pre-paid mobile phones unit Tracfone to Verizon by the third quarter of this year. Verizon announced last year that it would buy Tracfone, which serves about 21 million subscribers through more than 90,000 retail locations across the United States, in a $6.25 billion cash and stock deal. "We're working very closely with Verizon and the regulatory authorities to get clearance on that transaction, and we think and we believe that this transaction will be closing in the third quarter of this year," Chief Executive Daniel Hajj said on a call after America Movil's first quarter results.