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General

Maxcom revenues up 24% in Q1 on wholesale boost

Thursday 2 May 2019 | 13:58 CET | News
Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 377 million in the first quarter of 2019, up around 24 percent year on year due above all to the reactivation of its wholesale business and an improvement in commercial (corporate) sales. Consolidated EBITDA for the quarter was MXN 73 million on the basis of the new IFRS 16 accounting standard, up from MXN 34 million a year earlier, or MXN 35 million excluding accounting effects, and the EBITDA margin increased to 19 percent from 11 percent.

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Categories: General
Companies: Maxcom Telecomunicaciones
Countries: Mexico
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