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Telefonica Mexico revenues down 6% to EUR 297 mln in Q2

Thursday 26 July 2018 | 09:43 CET | News
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Telefonica Mexico reported net quarterly additions in its mobile customer base but a 6.1 percent year on year fall in revenues to EUR 297 million in the second quarter of 2018 due to regulatory impact, above all interconnection rate reductions, and lower revenues from prepay. Excluding the regulatory impact, revenues would have declined 0.6 percent year on year in the quarter, said the company. Operating income before depreciation and amortisation (OIBDA) slumped 32.0 percent year on year to EUR 55 million in the second quarter while Capex for the quarter was down 21.8 percent to EUR 33

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