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General

Movistar Mexico customers up 6% to 27.7 mln in Q4

Thursday 23 February 2017 | 11:00 CET | News
Movistar Mexico (Telefonica) reported revenues of EUR 347 million in the fourth quarter, down nearly 19 percent compared to the year-earlier result of EUR 427 million, impacted by currency effects and a goodwill impairment in the quarter. As a result, the company's OIBDA sank to EUR 60 million in the October-December period, compared to EUR 133 million a year earlier, while its OIBDA margin fell to 17.3 percent compared to 31.1 percent in Q4 2015. However, the company had a positive quarter in commercial terms, with its customer base growing 6 percent year on year to 27.7 million at the end

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