America Movil Ranks Number One Company in Business Week ``Information Technology 100''.MEXICO CITY Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi -- America Movil, S.A. de C.V. (America Movil) (BMV BMV Bolsa Mexicana de Valores BMV Bureau of Motor Vehicles BMV Bundesministerium für Verkehr (German: Federal Ministry of Transport) BMV Below Market Value BMV Brome Mosaic Virus BMV Bedside Medication Verification :AMX AMX American Motors Experimental AMX Aeromexico Aerovias de Mexico (ICAO code) AMX Air Mobility Express AMX Amberjacks (FAO fish species code) AMX Alabama Motor eXpress ) (NYSE NYSE See: New York Stock Exchange :AMX) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AMOV AMOV Active Movie ) (LATIBEX:XAMXL), announced today in a press conference held in Mexico City that it has been ranked by the prestigious publication, Business Week, as the number one Information Technology company in their annual "Information Technology 100" compilation. The article was published on the June 20th issue and on the Online website. This important recognition consolidates America Movil's position as the leading wireless company in the world. Business Week, a world renowned publication of The Mc-Graw Hill Companies, with presence in 140 countries worldwide, has established this important compilation of the top 100 companies in IT for 8 years. The evaluation process for the 2005 index began with Standard & Poor's financial data of 10,000 listed companies listed company n → compañía cotizable listed company n → société cotée en Bourse listed company list n → from U.S. and abroad. To qualify, information technology companies had to have revenues of at least $300 million. The selected group was ranked on four criteria: return on equity, shareholder return, revenue growth (with equal weight), and total revenues (weighted). The top 100 companies were then ranked for the final list. The company is honored to receive this recognition by Business Week as it reflects the commitment to providing high quality service to its millions of subscribers in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. as well as the solid operating and financial track record it has established. For more information about the Information Technology 100 and America Movil's position, go to: http://www.businessweek.com/go/future_of_tech With just over five years in operations, America Movil has expanded successfully into 13 countries in the Americas; with presence in such important markets as Brazil, Argentina, and Colombia. America Movil's strategy has driven a strong acceleration in subscriber growth and consequently an increase in penetration rates in every country where it operates. This unique situation has led the company to acquire over 66 million wireless subscribers in Latin America. Today, the company faces the challenge of expanding capacity and coverage in each of the countries where it operates while maintaining high quality and innovative services. Legal Disclaimer This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that reflect the current views and/or expectations of the Company and its management with respect to its performance, business and future events. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance, or achievements, and may contain words like "believe", "anticipate", "expect", "envisages", "will likely result", or any other words or phrases of similar meaning. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this report. In no event, neither the Company nor any of its subsidiaries, affiliates, directors, officers, agents or employees shall be liable before any third party (including investors) for any investment or business decision made or action taken in reliance on the information and statements contained in this press release or for any consequential con·se·quen·tial adj. 1. Following as an effect, result, or conclusion; consequent. 2. Having important consequences; significant: , special or similar damages. |
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