0
Broadband

TV Azteca posts MXN 112 mln net profit in Q2

Friday 26 July 2019 | 12:34 CET | News
Mexican broadcaster and content producer TV Azteca reported an 18 percent year on year rise in EBITDA to MXN 353 million in the second quarter of the year, helped by a 32 percent cut in costs and expenses, despite earning 29 percent less revenue (MXN 2.77 billion) due to lower government demand for advertising space and the effects of last year's World Cup. The company's net profit came to MXN 112 million compared to a MXN 1.15 billion loss in the year-earlier quarter.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: TV Azteca
Countries: Peru
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

TV Azteca sales down 14% on ongoing Covid impact in Q3, narrows loss

Published 29 Oct 2020 14:17 CET | Mexico
Mexican broadcaster and content producer TV Azteca reported a 14 percent year on year decline in revenues to MXN 2.49 billion in ...

TV Azteca Q1 net sales down 21% on plunging ad sales, FX effects

Published 28 May 2020 10:41 CET | Mexico
Mexican broadcaster and content producer TV Azteca reported a 21 percent year on year fall in revenues to MXN 2.46 billion in the ...

TV Azteca revenue up 16% in Q4, returns to full-year growth

Published 27 Feb 2020 12:09 CET | Mexico
Mexican broadcaster and content producer TV Azteca reported a 16 percent rise in revenue to MXN 4.08 billion in the fourth ...

Tubi to launch free streaming service in Mexico with TV Azteca

Published 22 Jan 2020 11:13 CET | Mexico
Ad-funded video-on-demand (AVoD) service Tubi has reached an agreement with broadcaster TV Azteca to launch its service in Mexico ...

Azteca asks to pull out of Peru fibre backbone project

Published 03 Jan 2020 11:40 CET | Peru
Mexico's Azteca Comunicaciones has requested to exit from its participation in Peru's Fibre Optic Backbone Network (RDFO), a ...

TV Azteca Q3 revenue down 14% on World Cup effect

Published 28 Oct 2019 11:23 CET | Mexico
Mexican broadcaster and content producer TV Azteca reported a 14 percent fall in revenue to MXN 2.91 billion in the third ...

Last week in media: quarterly results and regulation hit internet majors and possibly streamers

Published 29 Jul 2019 07:05 CET | World
Week 30 was a dramatic week for the global media sector. Quarterly results and regulation had large and widely diverging effects. ...

Peru to allow Azteca to offer residential fibre service

Published 11 Jul 2019 11:50 CET | Peru
Peru's communications ministry (MTC) has launched a further public consultation on its proposals to improve the country's ...

World Bank proposes 3 ways to revamp Peru's fibre backbone

Published 10 Jun 2019 14:09 CET | Peru
The World Bank has submitted a report to Peru's transport and telecommunications ministry (MTC) proposing 3 different ...





Calendar   /   Industry Events

27 Jan AT&T Q4 2020
27 Jan Corning Q4 2020
27 Jan Calix Q4 2020
27 Jan Facebook Q4 2020
27 Jan KPN Q4 2020
27 Jan Extreme Networks fiscal Q2
27 Jan MediaTek Q4 2020
27 Jan Uptime
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
28 Jan Crown Castle Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan 8x8 fiscal Q3
28 Jan Samsung Electronics Q4 2020
29 Jan Airtel Africa Q4 2020
29 Jan Charter Communications Q4 2020
29 Jan Ericsson Q4 2020
29 Jan Telia Q4 2020
29 Jan NEC fiscal Q3
01 Feb NXP Semiconductors Q4 2020
01 Feb Harmonic Q4 2020
01 Feb On Semiconductor Q4
01 Feb Cirrus Logic Q3
02 Feb Viavi fiscal Q2
02 Feb Alphabet Q4 2020
02 Feb FireEye Q4 2020
02 Feb Telenor Q4 2020
02 Feb Vodacom fiscal Q3
02 Feb Tele2 Q4 2020
::: More Calendar Items