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General

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

Monday 20 April 2020 | 10:16 CET | News
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.11 billion in the first quarter, down 1.3 percent year on year due above all to a 5 percent fall in its iInfrastructure business unit, offset by growth in its Services business unit. However, EBITDA rose to MXN 599 million compared to a MXN 1.07 billion loss a year earlier thanks to the USD 175 million received from Equinix for its three data centres serving the Mexico City and Monterrey metro areas.

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Categories: General
Companies: Axtel / Equinix
Countries: Mexico
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