America Movil

Live  

America Movil is a Mexican telecommunications company that is headquartered in Mexico City. It is the largest telecommunications company in Latin America and one of the largest in the world, with operations in 25 countries in North America, South America, and the Caribbean.
The company was founded in 2000 by Mexican billionaire Carlos Slim Helu and is currently still controlled by him and his family through their holding company, Grupo Carso. America Movil offers a wide range of telecommunications services, including mobile and fixed-line telephony, broadband internet, and pay TV.
Some of the biggest brands under America Movil’s umbrella include Telcel, Claro, and TracFone. The company has over 380 million mobile subscribers and 25 million landline and broadband customers.
America Movil is also actively involved in philanthropic and social responsibility initiatives, focused on education, health, and community development. It has been recognized as one of the most socially responsible companies in Mexico and Latin America.
In recent years, America Movil has faced challenges due to increasing competition and regulatory changes in some of its key markets. However, the company continues to expand and innovate in order to maintain its position as a market leader in the telecommunications industry.

MS4gRG9taW 5hbmNlIGlu IHRoZSBtYX JrZXQ6IEFt ZXJpY2EgTW 92aWwgaXMg dGhlIGxhcm dlc3QgdGVs ZWNvbW11bm ljYXRpb24g Y29tcGFueS BpbiBMYXRp biBBbWVyaW NhLCBjb250 cm9sbGluZy BhIHNpZ25p ZmljYW50IH NoYXJlIG9m IHRoZSBtYX JrZXQgaW4g Y291bnRyaW VzIHN1Y2gg YXMgTWV4aW NvLCBCcmF6 aWwsIENvbG 9tYmlhLCBh bmQgQXJnZW 50aW5hLjxi cj4yLiBHbG 9iYWwgcHJl c2VuY2U6IF RoZSBjb21w YW55IGhhcy BhIHN0cm9u ZyBwcmVzZW 5jZSBiZXlv bmQgTGF0aW 4gQW1lcmlj YSwgd2l0aC BvcGVyYXRp b25zIGluIH RoZSBVbml0 ZWQgU3RhdG VzLCBFdXJv cGUsIGFuZC BBc2lhLjxi cj4zLiBEaX ZlcnNpZmll ZCBzZXJ2aW NlczogQW1l cmljYSBNb3 ZpbCBvZmZl cnMgYSB3aW RlIHJhbmdl IG9mIHNlcn ZpY2VzIGJl eW9uZCB0cm FkaXRpb25h bCB0ZWxlY2 9tbXVuaWNh dGlvbnMsIG luY2x1ZGlu ZyBwYXkgdG VsZXZpc2lv biwgZGF0YS BjZW50ZXIs IGFuZCBmaW 5hbmNpYWwg c2VydmljZX MuPGJyPjQu IElubm92YX Rpb24gYW5k IFRlY2hub2 xvZ3k6IFRo ZSBjb21wYW 55IGhhcyBp bnZlc3RlZC BpbiBjdXR0 aW5nLWVkZ2 UgdGVjaG5v bG9neSBhbm QgaW5ub3Zh dGlvbiB0by BzdGF5IGNv bXBldGl0aX ZlIGFuZCBt ZWV0IHRoZS Bldm9sdmlu ZyBuZWVkcy BvZiBpdHMg Y3VzdG9tZX JzLjxicj41 LiBTdHJvbm cgZmluYW5j aWFsIHBlcm Zvcm1hbmNl OiBBbWVyaW NhIE1vdmls IGhhcyBjb2 5zaXN0ZW50 bHkgZGVsaX ZlcmVkIHN0 cm9uZyBmaW 5hbmNpYWwg cmVzdWx0cy wgbWFraW5n IGl0IGEgdG 9wIHBlcmZv cm1lciBpbi B0aGUgdGVs ZWNvbW11bm ljYXRpb25z IGluZHVzdH J5Ljxicj42 LiBIaWdoLX F1YWxpdHkg aW5mcmFzdH J1Y3R1cmU6 IFRoZSBjb2 1wYW55IGhh cyBhIHJvYn VzdCBhbmQg cmVsaWFibG UgdGVsZWNv bW11bmljYX Rpb24gaW5m cmFzdHJ1Y3 R1cmUsIGVu YWJsaW5nIG l0IHRvIHBy b3ZpZGUgaG lnaC1xdWFs aXR5IHNlcn ZpY2VzIHRv IGl0cyBjdX N0b21lcnMu PGJyPjcuIF NvY2lhbCBy ZXNwb25zaW JpbGl0eTog QW1lcmljYS BNb3ZpbCBp cyBjb21taX R0ZWQgdG8g Z2l2aW5nIG JhY2sgdG8g dGhlIGNvbW 11bml0aWVz IGl0IHNlcn ZlcyB0aHJv dWdoIHZhcm lvdXMgY29y cG9yYXRlIH NvY2lhbCBy ZXNwb25zaW JpbGl0eSBp bml0aWF0aX Zlcy48YnI+ OC4gU3RyYX RlZ2ljIHBh cnRuZXJzaG lwczogVGhl IGNvbXBhbn kgaGFzIGZv cm1lZCBzdH JhdGVnaWMg cGFydG5lcn NoaXBzIHdp dGggbWFqb3 IgZ2xvYmFs IHBsYXllcn MgaW4gdGhl IHRlbGVjb2 1tdW5pY2F0 aW9ucyBpbm R1c3RyeSwg aW1wcm92aW 5nIGl0cyBy ZWFjaCBhbm Qgc2Vydmlj ZSBvZmZlcm luZ3MuPGJy PjkuIEJyYW 5kIHJlY29n bml0aW9uOi BBbWVyaWNh IE1vdmls4o CZcyB0d28g ZmxhZ3NoaX AgYnJhbmRz LCBUZWxjZW wgYW5kIENs YXJvLCBhcm Ugd2VsbC1r bm93biBhbm QgaGF2ZSBh IHN0cm9uZy BicmFuZCBy ZXB1dGF0aW 9uIGluIHRo ZSBtYXJrZX RzIHRoZXkg b3BlcmF0ZS Bpbi48YnI+ MTAuIFN0cm 9uZyBsZWFk ZXJzaGlwOi BXaXRoIENh cmxvcyBTbG ltIEhlbHUg YXMgaXRzIG ZvdW5kZXIs IEFtZXJpY2 EgTW92aWwg aGFzIGEgc3 Ryb25nIGFu ZCB2aXNpb2 5hcnkgbGVh ZGVyc2hpcC B0aGF0IGhh cyBjb250cm lidXRlZCB0 byB0aGUgY2 9tcGFueeKA mXMgc3VjY2 VzcyBvdmVy IHRoZSB5ZW Fycy4=

VGhlIEFtZX JpY2EgTW92 aWwgY29tcG FueeKAmXMg YnVzaW5lc3 MgbW9kZWwg aXMgYmFzZW Qgb24gcHJv dmlkaW5nIH RlbGVjb21t dW5pY2F0aW 9ucyBzZXJ2 aWNlcyB0by BjdXN0b21l cnMgaW4gdm FyaW91cyBt YXJrZXRzIH Rocm91Z2hv dXQgTGF0aW 4gQW1lcmlj YSBhbmQgdG hlIENhcmli YmVhbi4gVG hpcyBpbmNs dWRlcyBtb2 JpbGUgYW5k IGZpeGVkLW xpbmUgdm9p Y2UsIGRhdG EsIGFuZCBp bnRlcm5ldC BzZXJ2aWNl cywgYXMgd2 VsbCBhcyB0 ZWxldmlzaW 9uIGFuZCBv dGhlciBtZW RpYSBvZmZl cmluZ3MuPG JyPlRoZSBj b21wYW55IG 9wZXJhdGVz IHRocm91Z2 ggaXRzIHN1 YnNpZGlhcm llcyBhbmQg YWZmaWxpYX Rlcywgd2hp Y2ggaGF2ZS BhIHN0cm9u ZyBwcmVzZW 5jZSBpbiB0 aGVpciByZX NwZWN0aXZl IGNvdW50cm llcy4gQW1l cmljYSBNb3 ZpbOKAmXMg YnVzaW5lc3 MgbW9kZWwg Zm9jdXNlcy BvbiBzY2Fs ZSBhbmQgZW ZmaWNpZW5j eSwgbGV2ZX JhZ2luZyBp dHMgd2lkZX NwcmVhZCBu ZXR3b3JrIG luZnJhc3Ry dWN0dXJlIG FuZCBzdWJz Y3JpYmVyIG Jhc2UgdG8g ZHJpdmUgcH JvZml0YWJp bGl0eSBhbm QgbWFya2V0 IHNoYXJlLj xicj5PbmUg b2YgdGhlIG tleSBzdHJh dGVnaWVzIG 9mIHRoZSBj b21wYW55IG lzIHRvIG9m ZmVyIGEgcm FuZ2Ugb2Yg c2VydmljZX MgYW5kIHBy aWNpbmcgb3 B0aW9ucyB0 byBhcHBlYW wgdG8gZGlm ZmVyZW50IH NlZ21lbnRz IG9mIHRoZS Bwb3B1bGF0 aW9uLCBmcm 9tIGxvdy1p bmNvbWUgdG 8gaGlnaC1l bmQgY29uc3 VtZXJzLiBB ZGRpdGlvbm FsbHksIEFt ZXJpY2EgTW 92aWwgaGFz IHB1cnN1ZW QgZ3Jvd3Ro IHRocm91Z2 ggYWNxdWlz aXRpb25zLC BleHBhbmRp bmcgaXRzIH JlYWNoIGlu dG8gbmV3IG 1hcmtldHMg YW5kIGRpdm Vyc2lmeWlu ZyBpdHMgc2 VydmljZSBv ZmZlcmluZ3 MuPGJyPkFu b3RoZXIgaW 1wb3J0YW50 IGFzcGVjdC BvZiBBbWVy aWNhIE1vdm ls4oCZcyBi dXNpbmVzcy Btb2RlbCBp cyBpdHMgZW 1waGFzaXMg b24gaW5ub3 ZhdGlvbiBh bmQgZGlnaX RhbCB0cmFu c2Zvcm1hdG lvbi4gVGhl IGNvbXBhbn kgaGFzIGlu dmVzdGVkIG luIG5ldyB0 ZWNobm9sb2 dpZXMgYW5k IHBhcnRuZX JzaGlwcyB0 byBpbXByb3 ZlIGl0cyBz ZXJ2aWNlIG 9mZmVyaW5n cyBhbmQgdX NlciBleHBl cmllbmNlLC BhcyB3ZWxs IGFzIHRvIG FkYXB0IHRv IHRoZSBldm 9sdmluZyBu ZWVkcyBhbm QgZGVtYW5k cyBvZiBpdH MgY3VzdG9t ZXJzLjxicj 5PdmVyYWxs LCBBbWVyaW NhIE1vdmls 4oCZcyBidX NpbmVzcyBt b2RlbCBpcy BjZW50ZXJl ZCBhcm91bm QgcHJvdmlk aW5nIHJlbG lhYmxlIGFu ZCBhZmZvcm RhYmxlIHRl bGVjb21tdW 5pY2F0aW9u cyBzZXJ2aW NlcyB0byBh IHdpZGUgcm FuZ2Ugb2Yg Y3VzdG9tZX JzLCB3aGls ZSBjb250aW 51b3VzbHkg c2Vla2luZy BvcHBvcnR1 bml0aWVzIG ZvciBncm93 dGggYW5kIG V4cGFuc2lv bi4=

The sensitivity of América Móvil’s earnings, cash flow, and valuation to changes in interest rates can be analyzed through several key factors:
1. Debt Levels: América Móvil has a substantial amount of debt, and changes in interest rates can significantly impact interest expenses. If rates rise, the cost of servicing this debt increases, leading to lower net income and cash flow, which could impact overall profitability.
2. Discount Rate in Valuation: Valuation models, such as discounted cash flow (DCF), utilize a discount rate that often includes considerations of interest rates. An increase in interest rates typically leads to a higher discount rate, which decreases the present value of future cash flows and can lead to a lower overall valuation of the company.
3. Consumer Spending: Changes in interest rates can affect consumer behavior and spending. Higher interest rates can result in reduced disposable income for consumers, potentially leading to lower demand for the services offered by América Móvil, which can adversely affect revenues and cash flow.
4. Investment Costs: Rising interest rates can lead to higher borrowing costs for future capital investments. If América Móvil intends to expand or upgrade its infrastructure, the increased costs of financing could affect growth strategies and return on investment.
5. Currency Considerations: América Móvil operates in various countries with different currencies. Changes in interest rates can influence currency exchange rates, impacting the revenues and expenses reported in the company’s financials. A stronger dollar may have mixed effects on the company’s financials depending on its currency exposure.
Overall, while América Móvil’s operations can be affected by interest rate changes, the extent of sensitivity will vary based on the company’s capital structure, market conditions, and specific strategic decisions.

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3MvVX dYNjdBV1Fa dk1lYmxGVj BSdWsud2Vi cCIgYWx0PS JBbWVyaWNh IE1vdmlsIi B0aXRsZT0i QW1lcmljYS BNb3ZpbCIg IGNsYXNzPS JpbWctZmx1 aWQiIGhlaW dodD05MCB3 aWR0aD05MC Bsb2FkaW5n PSdsYXp5Jy BzdHlsZT0n Ym9yZGVyLX JhZGl1czog NnB4Oyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxk aXYgc3R5bG U9J2ZsZXg6 IDE7IHRleH QtYWxpZ246 IGNlbnRlcj sgbWFyZ2lu LWxlZnQ6ID VweDsnPgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8cCBzdHls ZT0nZm9udC 1zaXplOiAy NnB4OyBjb2 xvcjogIzMz MzsgbWFyZ2 luLWJvdHRv bTogMTVweD snPgogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Ag8J+TiCBX YW50IHRvIH JlYWQgbW9y ZSBhYm91dC BBbWVyaWNh IE1vdmlsPw ogICAgICAg ICAgICAgIC AgICAgICAg ICA8L3A+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1zaWdu dXAnIHN0eW xlPScKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICMw MDdCRkY7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBjb2 xvcjogI2Zm ZjsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IHBhZGRpbm c6IDEwcHgg MjBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGJvcm Rlci1yYWRp dXM6IDVweD sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIH RleHQtZGVj b3JhdGlvbj ogbm9uZTsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGZv bnQtd2VpZ2 h0OiBib2xk OwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luLX JpZ2h0OiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgdHJhbn NpdGlvbjog YmFja2dyb3 VuZC1jb2xv ciAwLjNzIG Vhc2U7Jwog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgb25t b3VzZW92ZX I9J3RoaXMu c3R5bGUuYm Fja2dyb3Vu ZENvbG9yPS IjMDA1NmIz IicKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIic+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBTaW duIHVwIGZv ciBmcmVlCi AgICAgICAg ICAgICAgIC AgICAgICAg IDwvYT4KCi AgICAgICAg ICAgICAgIC AgICAgICAg IDxzcGFuIH N0eWxlPSdt YXJnaW46ID AgOHB4OyBj b2xvcjogIz U1NTsnPm9y PC9zcGFuPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9bG9n aW4nIHN0eW xlPScKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGNvbG9y OiAjMDA3Qk ZGOwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgdGV4dC1k ZWNvcmF0aW 9uOiB1bmRl cmxpbmU7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBmb2 50LXdlaWdo dDogNTAwOy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Bsb2cgaW4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPC9hPgoK CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxwIHN0 eWxlPSdtYX JnaW4tdG9w OiAxNXB4Oy Bmb250LXNp emU6IDEzcH g7IGZvbnQt d2VpZ2h0Oi Bib2xkOyBj b2xvcjogI2 QzMmYyZjsn PgogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg 8J+SoSBMZW FybiBzbWFy dGVyIHN0b2 NrIHBpY2tz IHdpdGggPG k+IlRoZSBD aGVja2xpc3 QgVmFsdWUg SW52ZXN0b3 Ig4oCUIEEg U21hcnRlci BXYXkgdG8g UGljayBTdG 9ja3MiPC9p PgogICAgIC AgICAgICAg ICAgICAgIC AgICA8L3A+ CgogICAgIC AgICAgICAg ICAgICAgIC AgICA8IS0t CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxkaXYg c3R5bGU9J2 1hcmdpbi10 b3A6IDEycH g7IGZvbnQt c2l6ZTogMT NweDsgY29s b3I6ICM0ND Q7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIFNpZ24g dXAgbm93IG FuZCBnZXQg b3VyIGZyZW UgZUJvb2sg CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICA8 Yj5UaGUgQ2 hlY2tsaXN0 IFZhbHVlIE ludmVzdG9y IOKAlCBBIF NtYXJ0ZXIg V2F5IHRvIF BpY2sgU3Rv Y2tzPC9iPg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8L2Rpdj 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgLS0+Ci AgICAgICAg ICAgICAgIC AgICAgICAg IDwhLS0KIC AgICAgICAg ICAgICAgIC AgICAgICAg PGRpdiBzdH lsZT0nbWFy Z2luLXRvcD ogMTZweDsg Zm9udC1zaX plOiAxNHB4 OyBjb2xvcj ogIzQ0NDsg Zm9udC1mYW 1pbHk6IC1h cHBsZS1zeX N0ZW0sIEJs aW5rTWFjU3 lzdGVtRm9u dCwgU2Vnb2 UgVUksIFJv Ym90bywgSG VsdmV0aWNh IE5ldWUsIH NhbnMtc2Vy aWY7IGxpbm UtaGVpZ2h0 OiAxLjY7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIE hhdmUgeW91 IGhlYXJkIG Fib3V0IG91 ciBzaG9ydC A8c3Ryb25n IHN0eWxlPS dmb250LXdl aWdodDogNj AwOyc+RGFp bHkgVmlkZW 8gTmV3c2xl dHRlcjwvc3 Ryb25nPj8K ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIDxh IGhyZWY9J2 h0dHBzOi8v d3d3Lmluc2 lnaHRmdWx2 YWx1ZS5jb2 0vbmV3c2xl dHRlci5waH AnIHRhcmdl dD0nX2JsYW 5rJyBzdHls ZT0nY29sb3 I6ICMwMDdC RkY7IHRleH QtZGVjb3Jh dGlvbjogbm 9uZTsgZm9u dC13ZWlnaH Q6IDUwMDsg bWFyZ2luLW xlZnQ6IDZw eDsnPgogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIE ZpbmQgb3V0 IG1vcmUKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIDwvYT 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICAgICAg ICAgIC0tPg ogICAgICAg ICAgICAgIC AgICAgIDwv ZGl2PgogIC AgICAgICAg ICAgICAgPC 9kaXY+CiAg ICAgICAgIC AgIDwvZGl2 PgogICAgIC AgICAgICAK ICAgICAgIC AKICAgICAg ICA8c3Bhbi BjbGFzcz0n Ymx1cnJlZC 10ZXh0Jz4K ICAgICAgIC AgICAgTFNC QmJXVnlhVy BOaElFMXZk bWxzIElHbH pJR0VnVFcg VjRhV05oYm lCMCBaV3hs WTI5dGJYIF Z1YVdOaGRH bHYgYm5NZ1 kyOXRjRyBG dWVTQjBhR0 YwIElIQnli M1pwWkcgVn pJSE5sY25a cCBZMlZ6SU dsdUlEIEkx SUdScFptWm wgY21WdWRD QmpiMyBWdW RISnBaWE11 IFBHSnlQaT BnVkcgaGxJ R052YlhCaC BibmtnZDJG eklHIFp2ZF c1a1pXUWcg YVc0Z01qQX dNQyBCaWVT QkRZWEpzIG IzTWdVMnhw YlMgd2dkR2 hsSUhKcCBZ MmhsYzNRZ2 NHIFZ5YzI5 dUlHbHUgSU UxbGVHbGpi eSBCaGJtUW diMjVsIElH OW1JSFJvWl MgQjNaV0Zz ZEdocCBaWE 4wSUhCbGIz IEJzWlNCcG JpQjAgYUdV Z2QyOXliRy BRdVBHSnlQ aTBnIFNXNG dNakF4T1Mg d2dRVzFsY2 1saiBZU0JO YjNacGJDIE JvWVdRZ1lT QnQgWVhKcl pYUWdkbSBG c2RXVWdiMl lnIGIzWmxj aUFrTkQgWW dZbWxzYkds diBiaUJoYm 1RZ2QyIEZ6 SUhSb1pTQn ogWlhabGJu Um9JRyB4aG NtZGxjM1Fn IFkyOXRjR0 Z1ZVMgQnBi aUJNWVhScC BiaUJCYldW eWFXIE5oTG p4aWNqNHQg SUZSb1pTQm piMiAxd1lX NTVJRzl3IF pYSmhkR1Z6 SUggVnVaR1 Z5SUhObCBk bVZ5WVd3Z1 luIEpoYm1R Z2JtRnQgWl hNc0lHbHVZ MiB4MVpHbH VaeUJVIFpX eGpaV3dnYV cgNGdUV1Y0 YVdOdiBMQ0 JEYkdGeWJ5 IEJwYmlCQ2 NtRjYgYVd3 Z1lXNWtJRy A5MGFHVnlJ Rk52IGRYUm 9JRUZ0Wlgg SnBZMkZ1SU dOdiBkVzUw Y21sbGN5IH dnWVc1a0lG UnkgWVdOR2 IyNWxJRiBk cGNtVnNaWE 56IElHbHVJ SFJvWlMgQl ZibWwwWldR ZyBVM1JoZE dWekxqIHhp Y2o0dElFRn ogSUc5bUlE SXdNVCBrc0 lFRnRaWEpw IFkyRWdUVz kyYVcgd2dh R0ZrSUc5Mi BaWElnTXpZ eUlHIDFwYk d4cGIyNGcg ZDJseVpXeG xjMyBNZ2Mz VmljMk55IG FXSmxjbk1z SUcgMWhhMm x1WnlCcCBk Q0IwYUdVZ1 ptIDkxY25S b0lHeGggY2 1kbGMzUWdk MiBseVpXeG xjM01nIFky RnljbWxsY2 kgQnBiaUIw YUdVZyBkMj l5YkdRdVBH IEp5UGkwZ1 ZHaGwgSUdO dmJYQmhibi BrZ1lXeHpi eUJ2IFptWm xjbk1nWm0g bDRaV1F0Yk dsdSBaU0Iw Wld4bGNHIG h2Ym1Vc0lH bHUgZEdWeW JtVjBMQyBC aGJtUWdkR1 ZzIFpYWnBj Mmx2YmkgQn paWEoyYVdO bCBjeUJwYm lCaFpHIFJw ZEdsdmJpQj AgYnlCM2FY SmxiRyBWem N5QmpiMjF0 IGRXNXBZMk YwYVcgOXVj eTQ4WW5JKy BMU0JKYmlB eU1EIEV3TE NCQmJXVnkg YVdOaElFMX ZkbSBsc0lH SmxZMkZ0IF pTQjBhR1Vn Wm0gbHljM1 FnVEdGMCBh VzRnUVcxbG NtIGxqWVc0 Z1kyOXQgY0 dGdWVTQjBi eSBCeVpXRm phQ0IwIGFH VWdjbUZ1YX kgQnZaaUJH YjNKMCBkVz VsSURVd01D IDQ4WW5JK0 xTQkIgYldW eWFXTmhJRS AxdmRtbHNJ R2x6IElHdH ViM2R1SUcg WnZjaUJwZE hNZyBZV2Ru Y21WemMyIG wyWlNCbGVI QmggYm5OcG IyNGdZVyA1 a0lHRmpjWF ZwIGMybDBh Vzl1SUggTj BjbUYwWldk cCBaWE1zSU hCMWNtIE5v WVhOcGJtY2 cgYzJWMlpY SmhiQyBCdm RHaGxjaUIw IFpXeGxZMj l0YlggVnVh V05oZEdsdi Bibk1nWTI5 dGNHIEZ1YV dWeklHbHUg SUdScFptWm xjbSBWdWRD QmpiM1Z1IG RISnBaWE1n YjMgWmxjaU IwYUdVZyBl V1ZoY25NdV BHIEp5UGkw Z1ZHaGwgSU dOdmJYQmhi biBrZ2FHRn pJR1poIFky VmtJR055YV ggUnBZMmx6 YlNCbSBiM0 lnYVhSeklH IFJ2YldsdV lXNTAgSUcx aGNtdGxkQy BCd2IzTnBk R2x2IGJpQn BiaUJ6YjIg MWxJR052ZF c1MCBjbWxs Y3l3Z1lXID VrSUdoaGN5 QmkgWldWdU lITjFZbSBw bFkzUWdkRz hnIGNtVm5k V3hoZEcgOX llU0JoWTNS cCBiMjRnWV c1a0lHIFpw Ym1WeklHbH UgSUUxbGVH bGpieSA0OF luSStMU0JF IFpYTndhWF JsSUggUm9a WE5sSUdOby BZV3hzWlc1 blpYIE1zSU VGdFpYSnAg WTJFZ1RXOT JhVyB3Z1ky OXVkR2x1IG RXVnpJSFJ2 SUcgSmxJR0 VnYldGcSBi M0lnY0d4aG VXIFZ5SUds dUlIUm8gWl NCbmJHOWlZ VyB3Z2RHVn NaV052IGJX MTFibWxqWV ggUnBiMjV6 SUdsdSBaSF Z6ZEhKNUlH IEZ1WkNCaE lITnAgWjI1 cFptbGpZVy A1MElHTnZi blJ5IGFXSj FkRzl5SUgg UnZJSFJvWl NCbCBZMjl1 YjIxNUlHIG x1SUUxbGVH bGogYnlCaG JtUWdiMyBS b1pYSWdZMj kxIGJuUnlh V1Z6SUggZG 9aWEpsSUds MCBJRzl3Wl hKaGRHIFZ6 TGc9PQogIC AgICAgIDwv c3Bhbj4KIC AgICAgICAK ICAgICAgIC A=
See Company Q&A