Maxcom revenues down 14% to MXN 566 mln in Q4

Friday 26 February 2016 | 14:51 CET | News
Mexican telecoms operator Maxcom reported revenues of MXN 566 million in the fourth quarter, down 14 percent compared to the MXN 660 million posted in the year-earlier quarter. The operator attributed the result to the elimination of domestic long distance charges as well as lower revenues in the wholesale segment due to tariff reductions in a highly competitive market. EBITDA came to MXN 101 million, down 22.0 percent versus the year-earlier result of MXN 145 million, while the EBITDA margin fell to 16 percent from 22 percent in Q4 2013. The operator ended the year with 211,343 residential

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Categories: General
Companies: Maxcom Telecomunicaciones
Countries: Mexico
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