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General

Telefonica Mexico Q3 revenues fall 6.5% to EUR 293 mln, clients up 3%

Wednesday 31 October 2018 | 09:32 CET | News
Telefonica Mexico again posted a 6.5 percent year on year fall in revenues to EUR 293 million in the third quarter of 2018, in spite of a rising mobile customer base, attributed to negative regulatory impact, above all mobile interconnection rate reductions. Excluding the regulatory impact, revenues would have declined 0.9 percent year on year in the quarter, said the company. Operating income before depreciation and amortisation (OIBDA) plummeted 42.5 percent year on year to EUR 40 million in the third quarter while Capex for the quarter was down 13.4 percent to EUR 43 million.

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