Mexico telecom revenues stay at MXN 60 bln in Q1

Friday 19 May 2017 | 13:42 CET | News

The Mexican telecommunications sector posted total revenues of MXN 59.5 billion in the first three months of the year, down 0.1 percent compared to a year earlier, according to the latest update from The Competitive Intelligence Unit (CIU). The slight dip is due above all to the number of aggressive offers launched over the past 12 months by the country’s major operators, resulting in an 11.9 percent year on year fall in prices and a 5.2 percent decline in ARPU to MXN 125.7. This was offset by far greater consumption, with Telcel reporting a 47 percent rise in voice minutes and Movistar a 79.5 percent surge in data traffic in the first quarter.

In terms of operators, Telcel (America Movil) continued to dominate the market with 68.2 percent of sales in Q1, followed by AT&T with 20.2 percent and Movistar (Telefonica) with 11.4 percent.

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