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General

Mexico telecom sector up 8.4% to MXN 485 bln in Q2

Friday 26 August 2016 | 10:47 CET | News
Mexico's telecommunications sector posted an 8.4 percent year on year increase in revenues in the second quarter of the year, more than any other economic sector and over three times higher than the country's overall GDP growth rate of 2.5 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 contributed a total of MXN 485 billion in the second quarter, some MXN 39 billion more than Q2 2015.

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Categories: General
Countries: Mexico
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