Sunday, October 28, 2012

América Móvil Hits 319 Million Accesses

Mexico-based América Móvil finished was serving 319 million accesses as of the end of September 2012,  up by 4.1 million wireless subscribers and 1.6 million fixed-line revenue generating units (RGUs) in the third quarter. This figure includes 255.9 million wireless subscribers, 30.3 million landlines, 16.7 million broadband accesses and 15.8 million PayTV units. Fixed-line accesses increased 11.3% year-on-year while the wireless subscriber base was up 6.0%.

América Móvil  third quarter revenues were 193 billion pesos (US$14.8 billion), up 4.5% from the year before.  The yearly comparison is affected by the appreciation of the Mexican peso vis-à-vis the dollar and other currencies. At constant exchange rates, the company's service revenues increased 6.1% year-on-year— practically the same pace seen the prior quarter — driven by mobile data and PayTV revenues.

América Móvil's net debt totaled 363 billion pesos at the end of the quarter, equivalent to 1.4
times EBITDA (last twelve months).

Capital expenditures amounted to 81.7 billion pesos *(US$6.28 billion).

América Móvil operates under the "Claro" brand in most of its markets.  In the U.S., it owns TracFone.

http://www.americamovil.com/amx/en/cm/reports/Q/3Q12_VF.pdf




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