America movil with 1,6% more customers in US

America Movil disconnected 417 thousand subscribers from its more basic brands in the last quarter to finish the year with 26.1 million clients, 1.6% more than a year before.

Fourth quarter revenues, 2.1 billion dollars, were 20.4% greater than the prior year with equipment revenues rising 56.5% and service revenues growing 15.9%.

The quarter’s EBITDA of 239 million dollars trebled; it was equivalent to 11.3% of revenues.

The annual comparison is affected by the acquisition of T-Mobile’s Walmart Family Plan in the third quarter of 2016. Adjusting for this, our revenues would have grown 10.7% annually and EBITA would have risen 2.7 times.

America movil is present in US as MVNO through the brands TracFone, NET10 Wireless, Total Wireless, Straight Talk, SafeLink Wireless, Telcel América, Simple Mobile, and Page Plus Cellular.