Thursday, 16 August 2018

America Movil Q2 revenue rises on currency fluctuation

By Nick Wood, Total Telecom
Friday 29 July 16

Mexico-based telco group cuts Telekom Austria stake; complains of aggressive competition in home market.

America Movil this week reported a rise in second-quarter revenue off the back of favourable currency fluctuations, as the telco group bemoaned aggressive competition in its home market of Mexico. Group revenue rose 6.1% year-on-year to 233.38 billion pesos (&euro…

America Movil this week reported a rise in second-quarter revenue off the back of favourable currency fluctuations, as the telco group bemoaned aggressive competition in its home market of Mexico. Group revenue rose 6.1% year-on-year to 233.38 billion pesos (&euro…

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