America Movil subscriber base reaches 17.1Mn in Q1’09

www.WirelessFederation.com/news: America Movil’s combined first-quarter revenues from operations in Argentina, Paraguay and Uruguay have raised by 17.4% y-o-y to ARS 2 billion. Data Revenues climbed 49.6%, accounting for 34.4% of service revenues, almost seven percentage points more than in the first quarter of 2008, mainly augmented by 3G services development. The subscriber base in Argentina, Paraguay and Uruguay totals to 17.1 million in Q1, up 2.9% from 16.5 million users in December 2008 and 11.8% higher in comparison to the same period year-earlier. The operator ended March, with 2.2 million postpaid subscribers and 14.86 million prepaid subscribers across Argentina, Paraguay and Uruguay. EBITDA climbed 20.7% to ARS 637 million. The EBITDA margin for the period slightly rose to 32.4 % from 31.6% in the same period a year ago.