America Movil US results flat to lower in Q2

Friday 17 July 2015 | 11:38 CET | News
America Movil ended June with 25.713 million mobile customers in the US, an increase of 0.8 percent from a year earlier. In addition to its Tracfone brand, the company said its Lifeline product SafeLink showed solid growth in the quarter and its new brand Total Wireless was starting to gain more traction. Second-quarter revenues in the US fell 1.2 percent year-on-year to USD 1.69 billion after a 19.8 percent decline in equipment revenues. Service revenues were up 0.3 percent to USD 1.58 billion, and ARPU was flat at USD 21 per month. Churn increased slightly to 4.7 percent from 4.5 a year

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Categories: Mobile & Wireless
Companies: America Movil / Tracfone Wireless
Countries: United States
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