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General

Movistar Mexico customers up 10% but sales down 11% in Q2

Thursday 28 July 2016 | 10:19 CET | News
Movistar Mexico (Telefonica) reported revenues of EUR 337 million in the second quarter, down 11.0 percent year on year on a constant currency basis and 26.5 percent on a reported basis compared to EUR 458 million in the year-earlier quarter. The company's OIBDA fell to EUR 62 million in the April-June period, compared to EUR 105 million a year ago, while its OIBDA margin fell by 4.5 percentage points to 18.4 percent. The operator's total customer base continued to grow, surging 10.5 percent year on year to 27.2 million on 30 June, with mobile accesses rising 12.5 percent to 25.9 million,

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