About this weblog

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.

Saturday, May 1, 2010

América Móvil Buoyed By New Subs

América Móvil said its revenue in the first quarter of 2010 rose almost 10% from a year before to 98.7 billion pesos (8.07 billion US dollars), with equipment revenues increasing 15% "buoyed by the fast pace of net subscriber additions and service revenues climbing 9%."  The pan Latin American operator said its service revenues would have risen 10% if exchange rates had remained constant throughout the quarter.

América Móvil said data services represented 21% of service revenues in the first quarter versus 16% in the year-earlier quarter. source: América Móvil statement

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