0
General

Axtel Q1 sales up 3% to MXN 3.1 bln following asset sales

Wednesday 24 April 2019 | 11:08 CET | News
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.15 billion in the first quarter, up around 3 percent year on year, driven in part by a 4 percent rise in corporate revenues to MXN 2.63 billion. The company's EBITDA for the quarter was up around 7 percent year on year to MXN 1.74 billion when adjusted for the sale of towers to American Tower and the divestment of its residential FTTH business and related assets in Mexico City, Zapopan, Monterrey, Aguascalientes, San Luis Potosi and Ciudad Juarez to cable TV provider Grupo Televisa for a total of MXN 4.71 billion.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Axtel
Countries: Mexico
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Axtel revenues dip 1% to MXN 3.1 bln in Q1, posts MXN 600 mln profit

Published 20 Apr 2020 10:16 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.11 billion in the first quarter, down 1.3 percent ...

Axtel revenues up 7% to MXN 3.4 bln, starts operating under Infra and Services units

Published 13 Feb 2020 14:26 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.39 billion in the fourth quarter, up around 7 percent ...

Axtel Q3 sales up 1% to MXN 3.2 bln, cuts debt by a quarter

Published 21 Oct 2019 11:34 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.17 billion in the third quarter, up around 1 percent ...

Axtel Q2 results dip lower after divestments

Published 18 Jul 2019 10:37 CET | Mexico
Mexican operator Axtel reported second-quarter revenues down 2 percent year-on-year, at MXN 3.092 billion. The decline was due to ...

Televisa Q2 revenues down 9% to MXN 24.3 bln, profit plunges on reduced ad sales

Published 11 Jul 2019 12:13 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 24.3 billion in the second quarter of 2019, ...

Axtel sells part of fibre business to Megacable for MXN 1.15 bln

Published 03 May 2019 09:28 CET | Mexico
Mexican operator and ICT services provider Axtel has reached an agreement to sell part of its residential fibre business in ...

Axtel to separate operations into infrastructure and services units

Published 29 Apr 2019 10:52 CET | Mexico
Mexican operator and ICT services provider Axtel followed the publication of its quarterly financial report by announcing plans ...

IFT consults on electronic portal, approves Fox Sports sale, clears Televisa-Axtel deal

Published 16 Apr 2019 12:24 CET | Mexico
Mexico's Federal Institute of Telecommunications (IFT) announced two new public consultations on plans to simplify its data ...

Mexico's Totalplay and Axtel top nPerf fixed network speed ranking in 2018

Published 28 Feb 2019 11:58 CET | Mexico
Mexican triple-play operator Totalplay posted the fastest fixed internet download speeds in the country between January and ...

Axtel Q4 sales down 3.4% YoY to MXN 3.5 bln, profit up to MXN 1.2 bln

Published 14 Feb 2019 11:53 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.45 billion in the fourth quarter, down 3.4 percent ...

Axtel pays off bank loan

Published 27 Dec 2018 10:49 CET | Mexico
Mexican operator Axtel announced that it has paid off early part of its bank loan, for MXN 4.35 billion. It used the proceeds ...

Televisa acquires part of Axtel's fibre business for MXN 4.7 bln

Published 19 Dec 2018 12:04 CET | Mexico
Mexican broadcaster and cable TV provider Grupo Televisa has announced the acquisition of Axtel's residential FTTH business and ...

Axtel Q3 sales rise 2% to MXN 3.83 bln

Published 16 Oct 2018 11:42 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.83 billion in the third quarter, up 2 percent year on ...

Axtel agrees towers sale-leaseback with ATC

Published 12 Jul 2017 10:50 CET | Mexico
Mexican operator Axtel said it agreed to sell 142 telecommunications towers to MATC Digital for around USD 56 million. As part of ...





Calendar   /   Industry Events

05 Aug Extreme Networks fiscal Q4
05 Aug Zynga Q2 2020
05 Aug Ribbon Communications Q2 2020
05 Aug CenturyLink Q2
05 Aug Magyar Telekom Q2 2020
05 Aug Synaptics fiscal Q4
05 Aug Roku Q2 2020
05 Aug Dasan Zhone Solutions Q2 2020
05 Aug Dialog Semiconductor Q2 2020
05 Aug Smith Micro Software Q2 2020
05 Aug Inseego Q2 2020
05 Aug Infinera Q2 2020
05 Aug Fitbit Q2 2020
05 Aug NetLink NBN Trust fiscal Q1
05 Aug Maxar Q2 2020
05 Aug TeraGo Q2 2020
05 Aug Samsung Galaxy Unpacked event
06 Aug Cogent Communications Q2 2020
06 Aug MTN Q2 2020
06 Aug PCCW H1 2020
06 Aug Tucows Q2 2020
06 Aug Sierra Wireless Q2 2020
06 Aug Viasat fiscal Q1
06 Aug Fortinet Q2
06 Aug Motorola Solutions Q2 2020
06 Aug Cable One Q2 2020
06 Aug Immersion Q2 2020
06 Aug T-Mobile US Q2 2020
06 Aug PCTel Q2 2020
06 Aug Cincinnati Bell Q2 2020
06 Aug OTE Q2 2020
06 Aug Deutsche Telekom Q2 2020
06 Aug NortonLifeLock fiscal Q1
06 Aug BCE Q2 2020
06 Aug Vonage Q2
06 Aug Adtran Q2
06 Aug Veon Q2 2020
06 Aug Switch Q2 2020
06 Aug FCC meeting
::: More Calendar Items