América Móvil Flatlines Again

América Móvil said its fourth quarter revenues were up 0.6% year-on-year to 231 billion Mexican pesos (12.2 billion US dollars). At constant exchange rates, however, service revenues were down 0.6% from the year-earlier quarter, the same rate as in the third quarter.  The pan Latin America telco said data service revenues expanded on both the mobile and fixed platforms—10.3% and 7.9% respectively— as did PayTV revenues, which rose 6.6%. source: América Móvil statement