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General

America Movil Q3 revenues up 8% in Mexico on mobile surge

Wednesday 17 October 2018 | 09:21 CET | News
America Movil reported third-quarter revenues for its domestic market of Mexico up 8.4 percent from a year earlier to MXN 71.8 billion with service revenues rising 4.7 percent year on year to MXN 53.6 billion on the back of a 15.0 percent growth in mobile service revenues. Third-quarter EBITDA jumped 15.0 percent year on year to MXN 24.1 billion and the EBITDA margin climbed by 2 percentage points to 33.5 percent of revenues thanks in part to greater operating leverage and various cost-reduction initiatives.

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