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Broadband

Maxcom Q4 sales jump 26% thanks to wholesale unit

Thursday 2 February 2017 | 17:21 CET | News
Mexican triple play operator Maxcom Telecomunicaciones reported revenues of MXN 712 million for the fourth quarter, up 26 percent from a year earlier thanks to a 99 percent surge in revenues from wholesale, its largest business, to MXN 432 million. EBITDA for the quarter was MXN 72 million, down 26 percent, and the company posted a net loss of MXN 1.4 million, widening from a loss of MXN 0.95 million a year earlier, due mainly to a non-cash impairment charge and exchange rate effects.

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Categories: Fixed
Companies: Maxcom Telecomunicaciones / Megacable
Countries: Mexico
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