February 6, 2008

Mexico America Movil, Telmex 4q Net Seen Up on International Growth

From Cellular News:

MEXICO CITY -(Dow Jones)- Mexico's leading telecommunications firms - wireless carrier America Movil and fixed-line company Telefonos de Mexico - are expected to post higher fourth-quarter net profit next week, led by growth in international markets.

America Movil is expected to report net profit of 14.05 billion pesos ($1.30 billion), or MXN0.40 a share, up from MXN10.84 billion, or MXN0.30 a share, in the fourth quarter of 2006, according to a Dow Jones Newswires survey of 11 analysts.

The analysts see revenue climbing to MXN83.35 billion, up from MXN65.36 billion for the year-ago period on the back of strong subscriber growth in its two largest markets, Mexico and Brazil.

Earnings before interest, taxes, depreciation and amortization, or Ebitda, probably rose 35.2% to MXN33.00 billion, while Ebitda margin likely expanded to 39.8% from 37.3%, according to the survey.

More here.

Comments

Post a comment

Name:

Email Address:

URL:
Remember Me? YesNo

Verification (to reduce spam comments):

Subscribe to This Entry:

Comments: (you may use HTML tags for style)