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Cablevision FY sales up 34% ahead of Telecom Argentina merger

Friday 9 March 2018 | 14:20 CET | News
Argentinian cable operator Cablevision reported full-year revenues of ARS 40.95 billion in 2017, up 34.0 percent on the year-earlier result of ARS 30.57 billion, led by growth in broadband subscribers and higher cable TV and broadband ARPU. Adjusted EBITDA came to ARS 15.16 billion, up 38.6 percent year on year, with the margin coming to 35.9 percent. Capex was up 28.7 percent year on year to ARS 11.68 billion, mainly spent on network deployment and digitalisation. The limited results statement will be Cablevision's last before merging with Telecom Argentina.

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Categories: Broadcast & Satellite
Companies: Cablevision / Telecom Argentina
Countries: Argentina
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