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General

Maxcom Q4 revenues down another 39% on wholesale fall

Wednesday 3 March 2021 | 14:11 CET | News
Mexican triple-play operator Maxcom Telecomunicaciones reported consolidated revenues of MXN 213 million in the final quarter of 2020, down 39 percent year on year and 3 percent sequentially on account of reduced wholesale activity and Covid-19 impact. Consolidated EBITDA for the quarter was MXN 60 million, flat sequentially but up 3 percent year on year, thanks to significantly lower network costs offset by declining revenues, while the company's net loss came in at MXN 33 million compared to a MXN 198 million profit a year earlier.

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Categories: General
Companies: Maxcom Telecomunicaciones
Countries: Mexico
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