Maxcom Reports Results For The First Quarter Of 2008
Thursday, April 17th, 2008Pay TV number of RGU’s reached 8,183. This product growth continues to reflect consumers’ demand for high quality video services
MEXICO 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 quarter ended March 31, 2008.
The following table is a breakdown of RGUs for the residential business segment.
RGUs RGUs RGU
1Q 08 1Q 07 Δ%
------- ------- -------
Voice 227,139 199,273 14%
Data 17,531 9,401 86%
Mobile 13,495 - N.A.
Pay TV 8,183 - N.A.
------- ------- -------
TOTAL 266,348 208,674 28%
An increase in the number of mobile RGUs to reach 13,495, and an increase in the number of pay TV RGUs to reach 8,183 as customers see a stronger value proposition than what is offered by the competition. The Company offers competitive prices through its bundled products in triple and quadruple play. Pay TV and mobile services were introduced at the end of 2007 and customers have quickly adopted the new high quality service and technology.
More: Earnings Release
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