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General

Revenues down 11% in Q1 for America Movil in Ecuador

Friday 29 April 2016 | 07:53 CET | News
First-quarter 2016 revenues at America Movil's operations in Ecuador (Claro and Telmex) reached USD 365 million, 11 percent less than in the first quarter of 2015, due to aggressive commercial promotions. Mobile revenues were down 11.2 percent, while fixed line revenues dropped 5.4 percent. In the mobile segment, service revenues fell 12.5 percent and equipment revenues dropped by 2.0 percent.

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Categories: General
Companies: America Movil / Claro / Telmex
Countries: Ecuador
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