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General

Movistar Mexico sales up 18% to EUR 453 mln in Q3

Friday 6 November 2015 | 12:11 CET | News
Movistar Mexico (Telefonica) reported revenues of EUR 453 million in the third quarter, up 17.9 percent on the year-earlier result of EUR 403 million, which the operator attributed to the effects of the country's new regulatory environment, lower interconnection expenses and another quarter of intense commercial activity. The company's OIBDA grew 39.0 percent year-on-year to EUR 134 million in the July-September period, while its OIBDA margin increased by 4.9 percentage points to 29.5 percent. Capex for the quarter was up 3.5 percent to EUR 55 million, most of which was spent on the continued

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