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General

Telefonica Mexico sales inch up to EUR 300 mln in Q3 on rising customers

Tuesday 5 November 2019 | 10:25 CET | News
Telefonica Mexico posted a 0.6 percent year on year rise in organic revenues in the third quarter of 2019, reaching EUR 300 million compared to EUR 293 million a year earlier, on the back of improvements in postpay and prepay customer numbers and a 14.7 percent increase in handset sales. However, the company's operating income before depreciation and amortisation (OIBDA) slumped by 89.1 percent year on year to EUR 53 million in the third quarter due above all to spectrum commitments recorded as OpEx since the fourth quarter of 2018 and EUR 18 million registered for spectrum renewal in the 7.5

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