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General

America Movil revenues improve in Mexico in Q1, gains over 500,000 mobile subs

Wednesday 28 April 2021 | 10:05 CET | News
America Movil reported first-quarter revenues for its domestic market of Mexico down 2.3 percent year on year to MXN 71.5 billion, a significant improvement on a 8.7 percent slump in the previous quarter. Service revenues also improved to a 0.1 percent fall in the first 3 months of the year, helped by rises in fixed-broadband and corporate network revenues of 2.5 percent and 1.6 percent, respectively, offsetting lower voice revenues and a near 12 percent decline in equipment revenues.

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