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Tag: america
America Movil Q4 sales flat, EBITDA falls 3%
2016-02-10 08:28:00| Telecompaper Headlines
(Telecompaper) America Movil saw its revenue growth slow to 0.6 percent in the fourth quarter of 2015, for a total of MXN 231 billion. Service revenues declined 0.6 percent year-on year at constant exchange rates, in line with the preceding two quarters. Mobile data revenues rose 10.3 percent, fixed data was up 7.9 percent, and pay-TV revenues grew 6.6 percent, helping to offset weakness in some mobile markets. EBITDA fell 2.9 percent to MXN 63.9 billion, while net profit rose six-fold to MXN 15.7 billion, thanks to lower financing costs and forex losses. Net debt rose to MXN 585 billion, or 1.8 times EBITDA, from MXN 537 billion at the end of 2014. AMX proposed a dividend of MXN 0.28 per share, payable in two installments, and said it will also buy back up to MXN 12 billion of its shares.
Tags: sales
america
flat
falls
America Movil hits out at competition as earnings slide
2016-02-10 01:00:00| Total Telecom industry news
Mexican mobile operator claims that via asymmetric regulation it is 'subsidising' rivals with a bigger global presence.
Tags: america
hits
competition
slide
Central America tense over TPP-empowered Vietnam
2016-02-09 10:34:00| Daily apparel & textile news and comment - from just-style.com
Central America's textile exports are expected to slow this year as Vietnam continues to gain US market share, throwing the region into a scramble to devise new competitive strategies.
Tags: central
america
vietnam
central america
Column: Trump moves beyond middle America
2016-02-08 06:58:36| IT Services - Topix.net
The planned coronation of Jeb Bush lies shattered beyond repair. An Iowa caucus splitting the vote between Ted Cruz, Donald Trump and Marco Rubio was unimaginable last spring.
Tags: america
middle
column
moves
AT&T, America Movil to bid for AWS spectrum in Mexico
2016-02-08 01:00:00| Total Telecom industry news
Auction of 80 MHz of AWS frequencies will begin later this month.
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