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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Tuesday, October 27, 2009

Mobile Data Drives América Móvil

Pan-Latin America mobile operator América Móvil said its third quarter revenues were 99.8 billion Mexican pesos (7.5 billion US dollars), up 17% on the same period of 2008, boosted by currency movements and strong data-revenue growth.

América Móvil said its 3G networks, which now cover 70% of the population in its region of operations, "have proven to be fruitful, as they have allowed for a significant expansion in data revenues even in a weak economic environment."

After adding four million new subscribers in the quarter, América Móvil had 194.3 million wireless subscribers and 3.8 million fixed-lines at the end of September 2009. source: América Móvil statement

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