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.
Thursday, July 28, 2016
Mexico Pulls Down América Móvil
América Móvil, one of Latin America's leading telcos, reported that second quarter revenues fell 2.1% year-on-year at constant exchange rates to 233 billion Mexican pesos (12.3 billion US dollars). The telco said: "Substantially all our operations maintained their growth trends in local currency terms. In Mexico, however, we saw a step down in revenues brought about mostly by more aggressive commercial plans in the pre-paid segment as a greater part of our subscribers moved towards unlimited call plans." source: América Móvil statement
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