Maxcom Reports Results for Full-Year and Fourth Quarter of 2007
Monday, February 11th, 2008MEXICO CITY, D.F. — Maxcom Telecomunicaciones, S.A.B. de C.V. (NYSE: MXT) (BMV: MAXCOM CPO), one of the leading integrated telecommunications companies in Mexico, today announced its unaudited financial and operating results for the full year ended December 31, 2007.
Residential
The residential business includes subscribers that are connected to our network and have the capability of receiving one or more of our services, thereby having the possibility to generate several RGU’s for the company. In this case they may request, residential telephony service, broadband internet services, paid television services and mobile services.
The following table is a breakdown of RGU’s for the residential business.
2007 | % of Total | 2006 | % of Total | Var. % | |
Voice | 218,564 | 90% | 193,469 | 96% | 13% |
Data | 15,213 | 6% | 8,442 | 4% | 80% |
TV | 5,991 | 2% | “ | “ | N.A. |
Mobile | 3,120 | 2% | – | “ | N.A. |
Total | 242,888 | 100% | 201,911 | 100% | 20% |
Residential revenues represented 38% of total revenues during the year, compared with 39% in the previous year of 2006. Revenues in the residential business reached Ps. 898, an increase of 31% in comparison to Ps. 686 in 2006. The increase was mainly driven by the introduction of mobile services, residential Paid TV RGU’s, followed by data, and voice in comparison to 2006. For the fourth quarter period ended December 31, 2007 revenues from residential service totaled Ps. 237, or 38% of total revenues, from Ps. 181 recorded in the same period in 2006.
More: Earnings Release
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