MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil reported on Tuesday that its second quarter net profit plunged 68% to 13.683 billion pesos ($679 million) compared with the same period a year earlier.
The company’s revenues rose 3.3% to 217.391 billion pesos from 210.396 billion pesos during the year-earlier period.
($1 = 20.1335 Mexican pesos at end-June)
(Reporting by Carolina Pulice; Writing by Cassandra Garrison; Editing by Christian Plumb)
