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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.

Monday, October 27, 2014

Mobile Data and Pay TV Lift América Móvil


América Móvil said its service revenues rose 4.7% year-on-year in the third quarter, lifted by a 15.2% increase in mobile data revenues and a 14.7% increase in Pay TV revenues.   The group's third quarter revenues totalled 221 billion pesos (16.29 billion US dollars), 13.7% more than in the year-earlier quarter, reflecting, among other things, the consolidation of newly-acquired Telekom Austria from July 1st.

The groups's wireless subscriber based shrunk in Mexico by 2.7%, offset by a 3.3% increase in Brazil (see chart).  América Móvil also reported growth in wireless subscribers in much of Latin America and the US. source: América Móvil statement

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