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General

Maxcom revenues down 25% to MXN 337 mln in Q3, completes debt swap

Wednesday 30 October 2019 | 12:20 CET | News
Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 337 million in the third quarter of 2019, down around 25 percent year on year on a consolidated basis as a result of its ongoing plan to wind down its retail segment to concentrate on its business and wholesale units which now account for 59 percent and 34 percent of sales respectively compared to 7 percent for the residential. Consolidated EBITDA for the quarter was MXN 50 million up 229 percent year on year thanks mainly to the reactivation of the wholesale business unit, which generated revenues of MXN 113

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Categories: General
Companies: Maxcom Telecomunicaciones
Countries: Mexico
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