Rising costs will likely squeeze profits for America Movil and other major telecoms in Mexico in the near term, according to Fitch Ratings. While the telecommunications industry in Mexico is looking to increase its infrastructure investment this year, a complex economic environment marked by inflation will put a brakes on EBITDA, reports the financial website El CEO in Mexico.
Mark Browne
CEO | Senior News Analyst
Mark A. Browne is a professional journalist, marketing writer and media analyst with experience providing media monitoring and news coverage analysis services for some of the largest advertising agencies, PR firms and media outlets in the United States and Europe.