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General

America Movil's Q4 revenues up 5% in Mexico, hits 75 mln mobile clients

Wednesday 13 February 2019 | 09:37 CET | News
America Movil reported fourth-quarter revenues for its domestic market of Mexico up 5.3 percent from a year earlier to MXN 71.8 billion with service revenues rising 7.6 percent to MXN 53.6 billion on the back of a 15.0 percent growth in mobile service revenues. However, the results represented a slight slowdown on annual rises of 8.4 percent and 8.0 percent posted in the previous two quarters, attributed to aggressive holiday promotions from rivals that included large allotments of data and airtime.

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