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General

Maxcom revenues decline 21% in Q1, disconnects all residential customers

Wednesday 5 May 2021 | 15:33 CET | News
Mexican operator Maxcom Telecomunicaciones reported consolidated revenues of MXN 193 million in the first quarter of 2021, down 21 percent year on year and 9 percent sequentially, attributed to the negative effects of the pandemic on its commercial business unit as well as residential disconnections. Consolidated EBITDA for the quarter was MXN 26 million, down from MXN 59 million a year earlier and MXN 60 million in Q4 2020, while the company's net loss came in at MXN 141 million, an improvement on the year-earlier MXN 367 million loss but a decline compared to the MXN 33 million loss posted

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Categories: General
Companies: Maxcom Telecomunicaciones
Countries: Mexico
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