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Mexico telecom sector revenues up 13.3% to MXN 513 bln in Q3

Wednesday 30 November 2016 | 13:53 CET | News
Mexico's telecommunications sector posted a 13.3 percent year-on-year increase in revenues to MXN 513 billion in the third quarter of the year, some MXN 61 billion more than Q3 2015 and over six times higher than the country's overall GDP growth rate of 2.04 percent, according to a report from communications regulator IFT. Telecommunications accounts for over 90 percent of the "mass information" sector, also including TV and radio, film and publishing, which grew faster than any other economic sector in the third quarter.

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Categories: General
Companies: IFT
Countries: Mexico
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