America Movil Q2 profit up 27.5% - Mobile World Live

America Movil Q2 profit up 27.5%

21 OCT 2009

America Movil, Latin America’s largest mobile operator, reported a 27.5 percent jump in second-quarter profits as sales grew despite a slowdown in new subscribers, reports Forbes. The company said that second-quarter net profit rose to MXN22.5 billion (US$1.7 billion), compared to MXN17.6 billion in the same period of 2008.


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