America Movil Q3 net profit dips to 15.8 billion pesos By Reuters

© Reuters. FILE PHOTO: The logo of America Movil is pictured on the wall of a reception area in the company’s corporate offices in Mexico City, Mexico, May 18, 2017. REUTERS/Edgard Garrido/File Photo

MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil (NYSE:) reported on Tuesday a third-quarter net profit of 15.8 billion pesos, down 16.4% from the same period a year earlier.

The company’s revenues dipped to 253.4 billion pesos, from 260.2 billion pesos during the year-earlier period.

($1= 20.642 pesos at end-September)

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