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Maxcom revenues plunge 35% to MXN 245 mln in Q1 on wholesale decline

Tuesday 5 May 2020 | 15:28 CET | News
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Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 245 million in the first quarter of 2020, down 35 percent year on year on a consolidated basis and 30 percent sequentially due above all to lower wholesale activity and lower government sales. Consolidated EBITDA for the quarter was MXN 59 million, down from MXN 73 million a year earlier, while the company's operating loss widened to MXN 49 million at the end of the first quarter compared to a MXN 39 million loss in Q1 2019.

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Categories: General
Companies: Maxcom Telecomunicaciones
Countries: Mexico
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