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General

Axtel revenues up 13% to MXN 4.3 bln in Q4

Tuesday 13 February 2018 | 15:02 CET | News
Mexican operator and ICT services provider Axtel reported revenues of MXN 4.29 billion in the fourth quarter, up 13 percent year on year, boosted in part by the third phase of its sale of 142 towers to American towers. The company's EBITDA increased some 59 percent year on year to MXN 1.45 billion, thanks to a 7 percent rise in recurring business revenues to MXN 2.61 billion while consumer revenues came in at MXN 832 million, up 12 percent year on year, and government revenues soared to MXN 941 million, up from MXN 558 million a year earlier.

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Categories: General
Companies: Alfa / Axtel
Countries: Mexico
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