America Movil revenue growth slows to 1.3% in Brazil

Tuesday 20 October 2015 | 10:42 CET | News
America Movil reported 1.3 percent annual growth in revenue at its Brazilian operations in the third quarter, going from BRL 9.0 billion to BRL 9.1 billion. Service revenues grew 1.7 percent annually to BRL 8.8 billion, due to growth in mobile data services of 24 percent, fixed-broadband revenues expanding 8.9 percent and pay-TV revenues up 8.1 percent from the prior year. Voice revenues (fixed and mobile) stabilized in relation to service revenues, at approximately 34 percent. Supporting a 2.6 point margin expansion, EBITDA rose 12.4 percent to BRL 2.5 billion, and the EBITDA margin topped

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Categories: General
Companies: America Movil / Claro / Embratel / Net Servicos
Countries: Brazil
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