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General

Movistar Mexico customer base up 15% to 26.3 mln in Q4

Friday 26 February 2016 | 09:56 CET | News
Movistar Mexico (Telefonica) reported revenues of EUR 427 million in the fourth quarter, down 0.1 percent on a constant currency basis, impacted by the effects of the country's new regulatory environment and a progressive commercial restructuring aimed at improving the efficiency of its distribution channel. However, the company's OIBDA was up 27.4 percent year-on-year to EUR 133 million in the October-December period, boosted by the EUR 79 million positive impact of a spectrum swap with AT&T, while its OIBDA margin increased by 7.0 percentage points to 31.1 percent. The operator's total

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Categories: General
Companies: Movistar Mexico / Telefonica
Countries: Mexico
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