Articles tagged with: Iusacell and Tim
Mexico's Grupo Iusacell Losses Deepen on Currency Depreciation
Mexico based mobile network operator, Grupo iusacell has reported that its first quarter revenues rose slightly to Ps.2.9 billion (US$207 million), compared to Ps.2.8 billion (US$200 million) in the same period in 2008. The company registered a net loss of Ps.678 million (US$48.5 million), compared to net loss of Ps.279 million (US$20 million) for the same period of the previous year. The result was primarily due to foreign exchange losses as a result of the depreciation of the peso during this quarter. more
Related Tags: grupo-iusacell, itu, Mexico
Mexico's Iusacell Loses 600,000 Customers Due to Clean-Up
The Mexican mobile market finished the year on 77.93m customers with a below-par performance for customer growth in Q4 2008. In fact, the quarterly increase of 2.24m was the smallest gain since Q2 06 and the smallest fourth-quarter gain in five years. The main cause of this was iusacell's loss of 0.56m customers as the result of a customer clean-up programme. more
Related Tags: , ovi, telefonica, telcel, nextel, Mexico
Who are the Fastest Growing Networks in Caribbean/Latin America?
The majority of the names on the list of the leading operators in Caribbean and Latin America (CALA) by customer numbers reappear on the list of the fastest growing - but not the first on the list. This is minor Mexican player iusacell, which recorded 1.7m additions to take its total to 3.9m. However, the numbers have to be treated with caution - the vast majority of this growth came from the acquisition of Unefon which closed during the quarter. Without this, the number of new connections would have been below 0.5m - not enough to take a place in the top ten, let alone first. more
Related Tags: telecom-italia, telefonica, america-movil, telcel, vivo, 3m
