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Movistar Mexico sales up 8.6% in Q1, hits 27 mln customers

Friday 29 April 2016 | 10:20 CET | News
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Movistar Mexico (Telefonica) reported revenues of EUR 409 million in the first quarter, up 8.6 percent year on year, boosted by a 12.0 percent growth in customers in what the company described as a highly competitive environment. The company's OIBDA was up 15.0 percent year-on-year on a constant currency basis to EUR 106 million in the January-March period, boosted by agreements reached with other operators over ongoing termination rate disputes, while its OIBDA margin increased by 1.4 percentage points to 25.9 percent. The operator's total customer base stood at 27.0 million on 31 March, up

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