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General

America Movil's Caribbean sales down 4.4% in Q4

Friday 3 February 2017 | 13:34 CET | News
America Movil's Caribbean units reported fourth-quarter revenues of USD 492 million, down 4.4 percent year-on-year, due in part to a 3.7 percent fall in service revenues and a 21.5 percent drop in device sales in Puerto Rico. Overall mobile service revenues were down 7.4 percent to USD 276 million, with fixed-line revenues dipping 0.3 percent to USD 216 million. However, customers numbers were mostly up, with America Movil's Caribbean units ending the year on 5.45 million mobile subscribers, a 3.6 percent year-on-year growth, thanks to a 6.7 percent increase in postpaid subscribers and a 2.2

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Categories: General
Companies: America Movil / Claro Puerto Rico
Countries: Caribbean
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