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General

Axtel Q1 revenues up 23% following Alestra merger

Monday 18 April 2016 | 09:26 CET | News
Mexican operator Axtel reported revenues of MXN 1.76 billion in the first quarter of 2016, up 23 percent on the year-earlier figure of MXN 1.43 billion. However, adjusted EBITDA for the quarter came to MXN 1.13 billion, a 13 percent year-on-year decline due to lower voice and managed networks revenues, partly offset by a 12 percent rise in data and internet revenues. At end-March, Axtel's RGUs totalled 1.08 million, down from 1.47 million a year earlier, with the operator's total customer base falling 86,000 year on year to 494,000. Pay-TV subscribers grew by 18 percent to 116,000, offsetting

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Categories: General
Companies: Alestra Movil / Alfa / Axtel
Countries: Mexico
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