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Telefonica Mexico sales down 5% to EUR 277 mln in Q1

Thursday 26 April 2018 | 10:22 CET | News
Telefonica Mexico reported net quarterly additions in its mobile customer base but a 5.4 percent year on year fall in revenues to EUR 277 million in the three months of 2018 due to regulatory impact, above all interconnection rate reductions. The company's operating income before depreciation and amortisation (OIBDA) fell by 28.1 percent year on year to EUR 41 million in the first quarter (up 7.1 percent excluding regulation) while the OIBDA margin declined by 4.9 percentage points to 15.0 percent. Capex for the quarter was down 67 percent to EUR 13 million, allocated above all to improving

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