AT & T Mexico Announces Operating Loss of $ 217 Million



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AT & T Mexico suffered a loss of operation of $ 217 million during the second quarter of 2018, against loss of power. operating $ 198 million reported in the same period of previous year.

In its quarterly report, the company had revenue in Mexico for $ 697 million in the second quarter of the year, representing an increase of 8.1% from $ 665 million in the second quarter from last year.

"Largely because of income gains from material growth and subscribers, partially offset by competitive prices". On the other hand, AT & T mentioned that service revenues fell by 14.6%, "due to an impact of about $ 100 million for closing of a wholesaling in the fourth quarter of 2017 . "

AT & T closed the quarter with 16.4 million subscribers including 10.5 million prepaid and 5.7 postpaid.

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