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America Movil Q3 revenues up 0.4% in Mexico on prepaid boost

Wednesday 21 October 2020 | 10:25 CET | News
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America Movil reported third-quarter revenues for its domestic market of Mexico up 0.4 percent from a year earlier to MXN 73.2 billion, a significant rebound following a lockdown-affected second quarter decline of 14.2 percent. Service revenues dipped 0.7 percent year on year in the July to September period, an improvement on a 2.1 percent fall in Q2, with Q3 EBITDA rising by 1.3 percent to MXN 27.5 billion (-10.3% in Q2) and the EBITDA margin increasing by 0.3 of a percentage point to 37.6 percent of revenues.

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Categories: General
Companies: America Movil / Telcel / Telmex
Countries: Mexico
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