AT&T Mexico reports prepaid slowdown due to line linking

AT&T Mexico saw a 3.11% slowdown in net prepaid additions in Q1 2026, blamed on the mandatory mobile line linking process started by the CRT on January 9. Despite this, revenues rose 20.8% to $1,173 million and EBITDA increased 14% to $220 million.

AT&T Mexico, led by Mónica Aspe Bernal, reported 16,835 net additions in its prepaid segment from January to March 2026, down from 17,376 in the same period of 2025. The company blamed the drop on the mandatory mobile line linking process enforced by the Comisión Reguladora de Telecomunicaciones (CRT) since January 9.

"In Prepaid, there was an expected decrease due to the line linking process (…) in Postpaid, growth was 18.2% year-over-year, reaching more than 7 million customers," the company told its shareholders.

Despite the prepaid decline, financials were strong. Mexico revenues grew 20.8% to $1,173 million, and EBITDA hit $220 million, up 14% from Q1 2025. This extends a streak of 29 consecutive quarters of operational cash flow growth.

"In Q1 2026 we recorded solid financial performance, driven by disciplined execution and increasingly efficient operations," said Mónica Aspe. She highlighted a focus on profitability and strategic investments to enhance customer experience.

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Crowded Mexican telecom office scene showing people registering phones with stats on 48 million registered lines before June 30 deadline.
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Mexico records surge in registered mobile lines with no extension past June 30

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The Comisión Reguladora de Telecomunicaciones reported that 18 million lines were added to the registry in just 24 days, reaching 48 million registered. The June 30 deadline remains firm with no extension planned even though 112.7 million lines are still pending. Industry experts question the costs and effectiveness of the scheme.

Millicom presented its first-quarter 2026 results and reported cutting 35% of its Chile staff after taking control of Telefónica operations in February. The move generated US$21 million in severance and voluntary retirement costs.

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Coca-Cola Femsa reported a 1.1% revenue increase to 70,925 million pesos in the first quarter, driven by 1.2% consolidated volume growth. Lower sales in Mexico and higher costs caused a 15.5% drop in net profit to 4,342 million pesos.

Madinet Masr announced its financial results for the first quarter of 2026, reporting a net profit of EGP 682.5 million alongside higher deliveries and cash collections.

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A total of 648 companies reported their 2025 financial results to the Comisión para el Mercado Financiero (CMF) on Tuesday, March 31, totaling profits of US$32.231 million, a 28.57% year-over-year increase. Codelco posted the highest earnings at US$2.422.4 million, boosted partly by its lithium business. Overall revenues reached US$373.920 million, with cash equivalents rising to US$49.667 million.

Businessman Carlos Slim Helú announced that he will invest around 5 billion dollars in Mexico during 2026 through his companies in sectors such as infrastructure, oil and telecommunications.

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PT Mitra Pinasthika Mustika Tbk (MPMX) reported a net profit of Rp173 billion in Q1 2026, up 8% year-over-year despite a 4% decline in net revenue to Rp4.0 trillion. The company improved operational efficiency amid economic slowdown in the automotive sector. Group CFO Beatrice Kartika expressed optimism about sustained performance resilience.

 

 

 

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