Saturday, 18 August 2018

America Movil Q2 hit by new regulations in Mexico

By Mary Lennighan, Total Telecom
Tuesday 22 July 14

Removal of national roaming and reduction in MTRs impacts on Mexican telco's mobile voice revenues, EBITDA.

America Movil on Monday posted a solid set of overall quarterly results, but its numbers were impacted by new regulatory measures imposed upon it in its home market. The Mexican telco reported group revenues of 202.64 billion pesos (€11.5 billion), up 4% on the year-ago quarter, while EBITDA grew by 2…

America Movil on Monday posted a solid set of overall quarterly results, but its numbers were impacted by new regulatory measures imposed upon it in its home market. The Mexican telco reported group revenues of 202.64 billion pesos (€11.5 billion), up 4% on the year-ago quarter, while EBITDA grew by 2…

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