Axtel Q3 revenues boosted by business, FTTH segments

Wednesday 19 October 2016 | 14:13 CET | News
Mexican operator Axtel reported revenues of MXN 3.84 billion in the third quarter of 2016, up 63 percent on the year-earlier figure of MXN 2.36 billion thanks to its merger with Alestra and the positive performance of its business and residential fibre segments. IT revenues came to MXN 568 million in the third quarter compared to MXN 201 million a year earlier while FTTH revenues rose to MXN 499 million from MXN 427 million. Adjusted EBITDA for the quarter soared to MXN 1.27 billion, a 57 percent rise compared to the year-earlier result of MXN 807 million, while net losses narrowed to MXN 451

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