America Movil, one of Latin America's largest mobile operators, said first quarter revenues totaled 93.8 billion Mexican pesos (6.79 billion US dollars), up 15 year-on-year, boosted by currency movements, new customers and rising data revenues. Capital expenditure in the quarter was 10.6 billion pesos.
Revenues from mobile data services rose by 47% in the period, mostly on the back of rising usage of 3G services. America Movil estimated that mobile penetration has now reached 84% in Latin America. source: America Movil statement