The operator invoiced $856,084 million, which at the financial exchange rate is equivalent to about US$670 million. The profit was driven by the boost of inflation, which revalued the peso against the dollar. Mobile accesses grew 2.2% in the period, while fixed accesses had a slight reduction. The impact of government policies.

They stood at $856.084 billion, which represents a decrease of 8.3% in constant currency compared to the same period in 2023, as reported by Telecom in its Income Statement for the period April-June 2024. At the financial exchange rate at which companies access (of $1,280 per dollar) is equivalent to US$670 million.

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Telecom sales fell by 8.3% in second quarter of 2024

MORE ANALYSIS

Nokia: Telcos aim for level 4 autonomous networks by 2030

This goal was conveyed to Convergencia by Rodrigo Brito, VP of Autonomous Networks at the company, within the framework of MWC Barcelona 2026. The implementation of "attempts" is key along the way.

Telcos keep losing staff, now due to AI impact

A report by consultancy MTN covering 72 major operators recorded a total of 4.344 million employees in the third quarter of 2025, 2% fewer than a year earlier. Telefónica led the layoffs, reducing its workforce by 10,100 people.

Telefónica reported 2025 losses linked to exceptional events

The sale of four Latin American subsidiaries, along with the layoff of 5,000 employees, generated a negative accounting impact.

Liberty Latin America maintains postpaid, B2B revenue after Melissa hurricane

Its revenues reached US$1.16 billion in the fourth quarter, with a slight year-on-year increase of 1%. Mobile subscribers totaled 6.79 million, while RGUs reached 3.83 million.

Warning to telcos: Job cuts may leave them vulnerable and unable to innovate

According to an MTN report, operators are continually adjusting their workforce under the pretext of improving dividends, while also taking advantage of the growing presence of AI. However, one possible consequence is excessive staff turnover and the loss of know-how, particularly in cybersecurity.

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