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General

Altice's Dominican Republic revenues fall 16% on price erosion

Thursday 22 November 2018 | 10:14 CET | News
Altice announced revenues of EUR 447.0 million for its Altice Dominicana brand in the Dominican Republic in the 9 months to end of September, down 15.8 percent year on year on a reported basis and 7.5 percent on a constant currency basis compared to the EUR 530.7 million posted a year earlier, above all due to a decrease in mobile B2C revenues as a result of price erosion. Adjusted EBITDA came to EUR 230.1 million, down 17.0 percent year on year in local currency or 3.1 percent on a constant currency basis, attributed to a decline in revenues and higher cost.

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Categories: General
Companies: Altice Dominicana
Countries: Dominican Republic
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