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General

America Movil Q3 revenues up 1.2%, EBITDA falls

Tuesday 20 October 2015 | 10:02 CET | News
America Movil announced that its third-quarter revenues were up 1.2 percent from the prior year to MXN 223.6 billion. Service revenues fell 0.6 percent excluding currency effects, similar to the Q2 performance, as the drop in voice revenues offset accelerating data revenues. EBITDA fell 8.2 percent over the same period to MXN 66.7 billion, hurt by currency depreciation in countries such as Brazil and Colombia. America Movil noted that Central America has now become its fastest growing region, due to the economic slowdown in South America. Operating profit reached MXN 35.2 billion, down 17.5

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Categories: General
Companies: America Movil
Countries: Latin America
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