Thursday, 20 July 2017

America Movil turns in hefty Q4 loss

By Total Telecom staff
Friday 03 February 17

Mexico-based telco group reports €272 million net loss in last three months of 2016, talks up postpaid customer additions.

America Movil posted a net loss equivalent to hundreds of millions of euros in the last three months of 2016, its balance sheet hit by financing costs and the impact of a weak Mexican peso. The Mexico-based telecoms group said its net loss in the fourth quarter reached MXN5.97 billion (&euro…

America Movil posted a net loss equivalent to hundreds of millions of euros in the last three months of 2016, its balance sheet hit by financing costs and the impact of a weak Mexican peso. The Mexico-based telecoms group said its net loss in the fourth quarter reached MXN5.97 billion (&euro…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry