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General

Axtel's Q3 revenues down 2% y-o-y in Q3

Monday 27 October 2014 | 16:25 CET | News
Mexican telecommunications operator Axtel recorded revenues of MXN 2.570 billion in the third quarter of the year, down 2 percent compared to the same quarter the previous year. The operator's net loss for the quarter amounted to MXN 100 million, compared to a net loss of MXN 62 million in the year-ago quarter. Axtel's quarterly investments reached MXN 748 million, up from MXN 496 in the same period in 2013. Revenues from local telephony reached MXN 735 million in the third quarter, down from MXN 787 million in the year-ago period.

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Categories: General
Companies: Axtel
Countries: Mexico
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