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, October 30, 2010

América Móvil Keeps Growing

América Móvil, now incorporating Telmex, said its revenues in Mexico were up 2.9% year-on-year to 62.1 billion Mexican pesos (5.03 billion US dollars) in the third-quarter, fuelled by a 25.5% increase in wireless data revenues. But fixed line revenues in Mexico declined 3.1% as an increase in broadband service revenues failed to fully offset the decline in fixed-line voice revenues.
 
In Brazil, América Móvil's third quarter revenues increased 2.3% over the prior year to reach 5.3 billion Brazilian reals (3.12 billion US dollars), while in the U.S., revenues climbed 75% to 738 million US dollars as the company "moved upscale in the prepaid segment, which has resulted in its ARPU expanding by one third." source: América Móvil statement

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