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This weblog captures key data points in the development of the global telecoms industry.

Friday, October 26, 2012

Growth slows at América Móvil

Lifted by mobile data and pay TV revenues, América Móvil said its revenues in the third quarter were up 6.1% year-on-year to 193 billion Mexican pesos (14.81 billion US dollars) at constant exchange rates. Revenue grew 8.7% in 2011. The pan-Latin America telco reported that its mobile data and pay TV revenues climbed 35.3% and 21.0% respectively, while fixed-line voice revenues declined 7.2%. source: América Móvil statement



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