0
General

America Movil turns EBITDA-positive in Mexico in Q3

Wednesday 25 October 2017 | 09:20 CET | News
America Movil reported third-quarter revenues for its domestic market of Mexico down 0.3 percent from a year earlier to MXN 66.3 billion compared to a 1.1 percent rise in the second quarter of the year. However, the company was keen to stress that service revenues were up 3.0 percent year on year to MXN 51.2 billion, with wireless service revenues rising 8.5 percent in spite of the impact of the earthquakes that struck Mexico in September. The company also turned EBITDA positive for the first time in 11 quarters, posting a 0.9 percent year on year rise to MXN 20.88 billion, while the EBITDA

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: America Movil / Telcel / Telmex
Countries: Mexico
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

America Movil revenues up 5% in Mexico on mobile ARPU growth

Published 25 Apr 2018 09:48 CET | Mexico
America Movil reported first-quarter revenues for its domestic market of Mexico up 4.8 percent from a year earlier to MXN 66.5 ...

America Movil launches Mexico 4.5G network

Published 15 Mar 2018 10:54 CET | Mexico
America Movil will activate 4.5G technology in 76 cities across Mexico by the end of 2018, reports business daily El Financiero, ...

America Movil's EBITDA up 13.5% in Mexico on customer growth

Published 14 Feb 2018 09:40 CET | Mexico
America Movil reported fourth-quarter revenues for its domestic market of Mexico down 0.9 percent from a year earlier to MXN 72.0 ...

Telefonica launches fixed internet trial in Mexico

Published 23 Jan 2018 11:08 CET | Mexico
Telefonica, which operates under the Movistar brand in Mexico, has initiated a fixed internet trial in numerous cities across the ...

Mexico's IFT reinstates America Movil interconnection charges

Published 03 Nov 2017 08:52 CET | Mexico
Mexico's telecommunications watchdog IFT has voted to allow America Movil to once again start charging rivals interconnection ...

Claro Caribbean sales fall 9% in Q3 on hurricane impact

Published 25 Oct 2017 11:34 CET | Caribbean
America Movil's Caribbean units reported third-quarter revenues of USD 441 million, down 9.4 percent year-on-year, attributed ...

Claro Central America sales rise 2.4% to USD 582 mln in Q3

Published 25 Oct 2017 11:23 CET | Central America
America Movil's Central American units, operating under the Claro brand, reported third-quarter revenues of USD 582 million, up ...

Claro sales surge 27% in Argentina, Paraguay, Uruguay in Q3

Published 25 Oct 2017 11:09 CET | Argentina
America Movil reported third-quarter revenues up 26.8 percent year on year in Argentina, Paraguay and Uruguay, with its three ...

Claro Ecuador sales down 9% in Q3 on prepay losses

Published 25 Oct 2017 10:59 CET | Ecuador
America Movil's Claro Ecuador unit reported revenues of USD 325 million in the third quarter, down 8.5 percent compared to the ...

Claro Chile sales up 13% in Q3 on back of surging data demand

Published 25 Oct 2017 10:45 CET | Chile
America Movil's Claro Chile unit reported a 13.1 percent year-on-year rise in total revenues to CLP 212.6 billion in the third ...

Claro Peru sales up 3% in Q3, adds 167,000 mobile subs

Published 25 Oct 2017 10:02 CET | Peru
Claro Peru's third-quarter revenues rose 2.8 percent year-on-year to PEN 1.36 billion, with service revenues climbing 3.5 percent ...

Claro Colombia sales up 2.4% to COP 2.8 tln in Q3

Published 25 Oct 2017 09:43 CET | Colombia
Claro Colombia, a subsidiary of America Movil, reported total third quarter revenues up 2.4 percent year-on-year to COP 2.80 ...

America Movil Q3 results fall on costs of natural disasters, lawsuit

Published 25 Oct 2017 09:07 CET | Latin America
America Movil posted a 2.2 percent drop in third-quarter revenues to MXN 244 billion, hurt by the natural disasters in Mexico, ...

Mexico mobile revenues up 6% to MXN 63 bln in Q2

Published 31 Jul 2017 14:32 CET | Mexico
The Mexican telecommunications sector ended the second quarter of 2017 with overall revenues of MXN 63.4 billion, up 6.02 percent ...

America Movil sees IFT approval for Telmex deal by end-Q1 2018

Published 20 Jul 2017 16:39 CET | Mexico
America Movil could get regulatory approval for the separation of its Telmex unit into retail and wholesale operations by the end ...

America Movil Q2 sales in Mexico up 1.1 percent to MXN 66 bln

Published 19 Jul 2017 09:13 CET | Mexico
America Movil reported second-quarter revenues for its domestic market of Mexico up 1.1 percent from a year earlier to MXN 65.9 ...

Mexican MVNOs capture just 1.1% of market - study

Published 05 Jul 2017 11:46 CET | Mexico
Mexico may be the leading country in Latin America in terms of the number of MVNOs currently operating but they have managed to ...

America Movil Q1 sales down 2% to MXN 63.4 bln in Mexico

Published 26 Apr 2017 09:06 CET | Mexico
America Movil reported first-quarter revenues for its domestic market of Mexico down 2.1 percent from a year earlier to MXN 63.4 ...