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Maxcom revenues fall 13% to MXN 544 mln in Q1

Friday 22 April 2016 | 14:31 CET | News
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Mexican telecoms operator Maxcom Telecomunicaciones reported revenues of MXN 544 million in the first quarter, down 13 percent compared to the MXN 626 million posted in the year-earlier quarter, a result blamed on lower revenues in the wholesale segment due to tariff reductions and lower residential customer numbers. EBITDA came to MXN 86 million, compared to MXN 112 million a year ago, while the company's EBITDA margin fell to 16 percent from 18 percent in Q1 2015. The operator ended the quarter with 203,068 residential subscribers compared to 239,277 subscribers on 30 March 2015 due above

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Categories: Fixed
Companies: Maxcom Telecomunicaciones
Countries: Mexico
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