Wednesday, 20 September 2017

America Movil blames AT&T, Easter for Q1 domestic revenue dip

By Mary Lennighan, Total Telecom
Thursday 28 April 16

Latin American telecoms group reports difficult first quarter; customer numbers decline in Mexico.

America Movil reported a slight increase in group revenues in the first quarter of 2016, dragged down by a weak performance in Mexico, where increased competition and inconsistent holiday dates were behind a top line decline. The telco posted group revenues of 222.99 billion pesos (€11.44 billion), up by 1.4% on the same quarter a year ago…

America Movil reported a slight increase in group revenues in the first quarter of 2016, dragged down by a weak performance in Mexico, where increased competition and inconsistent holiday dates were behind a top line decline. The telco posted group revenues of 222.99 billion pesos (€11.44 billion), up by 1.4% on the same quarter a year ago…

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