America Movil revenues in Brazil down 1.2% in Q4

Wednesday 10 February 2016 | 13:48 CET | News
America Movil reported a 1.2 percent drop in Q4 revenues for its operations in Brazil, to BRL 9.2 billion. Fixed-line revenues rose 2.9 percent year-on-year to BRL 6.2 billion, while mobile revenues were 8.8 percent lower at BRL 3.0 billion. EBITDA rose 6.7 percent to BRL 2.5 billion, and the EBITDA margin improved to 28.6 percent. EBIT was BRL 435 million, down 4.8 percent from a year earlier. Claro added 513,000 post-paid subscribers and disconnected 4.9 million pre-paid users in Q4, ending the year with a total 65.98 million mobile customers. The post-paid base was up 6.4 percent

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