MEXICO CITY, Oct 15 (Reuters) - Mexican

telecommunications giant America Movil reported on

Tuesday that it more than tripled its net profit in the third

quarter from a year ago, citing a weaker peso boosting its

foreign earnings and lower financing costs.

Net profit increased 217% to reach 6.43 billion Mexican

pesos ($326.37 million), the company said in a filing to

Mexico's main stock exchange.

Revenues for the company, controlled by the family of

Mexican billionaire Carlos Slim, came in at 223.46 billion pesos

($11.35 billion) for the period, up nearly 10% year-on-year.

Analysts polled by LSEG had estimated dollar-denominated

net earnings of $1.11 billion from revenues of $11.47 billion

for July through September.

The company said its higher earnings were helped by the

sale of some towers as well as the depreciation of the Mexican

peso, boosting the peso-denominated value of earnings made

abroad.

By end-September, the Mexican peso had weakened more

than 13% against the U.S. dollar compared to a year earlier.

America Movil said the peso had weakened against most

currencies in the regions where it operates, "with the notable

exception of the Brazilian real."

America Movil said its core earnings, or earnings before

interest, taxes, depreciation and amortization (EBITDA), rose

around 12% in the quarter to 89.42 billion pesos, an increase of

6% stripping out the impacts of foreign exchange.

($1 = 19.6921 Mexican pesos at end-September)