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General

AT&T Mexico sales up 5% in Q2, adds 756,000 clients

Wednesday 25 July 2018 | 09:55 CET | News
AT&T Mexico reported revenues up 4.8 percent year on year to USD 697 million in the second quarter of 2018, with gains in equipment sales and subscriber growth offsetting the company's competitive pricing strategy and the effects of the stronger US dollar. However, service revenues were again down year on year due to a USD 100 million impact from the shutdown of a wholesale business in the fourth quarter of 2017, while the second-quarter operating loss widened to USD 217 million compared to a loss of USD 198 million a year earlier due to continued investment in customer acquisition and higher

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Categories: General
Companies: AT&T Mexico / DirecTV / Sky Mexico
Countries: Latin America / Mexico
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