Pan-Americas telecoms group América Móvil said that its service revenues increased 7.1% year-on-year at constant exchange rates in the fourth quarter of 2010, thanks to a 36.6% increase in mobile data revenues and a 79.3% increase in pay TV revenues. At constant exchange rates, mobile voice revenues rose 8.8% and fixed broadband revenues 3.6%, while fixed-line voice revenues declined 6.3%.
América Móvil said its revenues for 2010 totaled 607.9 billion Mexican pesos (50.44 billion US dollars), with wireless revenues increasing 13.2% buoyed by 40.4% data revenue growth, and fixed-line revenues staying roughly unchanged.
América Móvil finished December with 225 million wireless subscribers and 51.5 million fixed "revenue generating units." Both groups grew at a similar pace of around 12% year-on-year, the operator said.
In the U.S., the group's Tracfone unit reported a 62.4% increase in fourth quarter revenues to 789 million dollars, with minutes-of-use tripling to 300 minutes per subscriber. Tracfone's total revenues for 2010 climbed 67.3% to 2.8 billion dollars. Tracfone added 1.1 million subscribers in the fourth quarter and 3.3 million in the year to finish December with 17.7 million clients. source: América Móvil statement.