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America Movil reports net profit jumps nearly 80% in fourth quarter

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MEXICO CITY, Feb 9 (Reuters) - Mexican telecommunicationsgiant America Movil on Tuesday posted a nearly 80%jump in net profit for the fourth quarter compared with the sameperiod a year earlier.

America Movil said net profit in the three months to end ofDecember rose to 37.3 billion pesos ($1.87 billion) from 20.8billion pesos for the same period a year earlier.

The company, which is controlled by the family of Mexicanbillionaire Carlos Slim, also reported sales of 255 billionpesos.

($1= 19.9500 pesos at end-December)(Reporting by Noe Torres, Abraham Gonzalez and CassandraGarrisonEditing by Drazen Jorgic)