0
General

Claro Brasil EBITDA up 23% on tax lawsuit win, revenues grow 1%

Wednesday 17 October 2018 | 11:17 CET | News
Claro Brasil reported third-quarter EBITDA up 22.9 percent to BRL 3.1 billion, helped by the release of provisions after winning a lawsuit over tax liability. The company said this was offset by writedowns on certain assets and other provisions, leading to an adjusted EBITDA margin of 29.3 percent. Total revenues, including Net and Embratel, rose 0.9 percent to BRL 8.9 billion, and service revenues increased at the same rate. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Claro Brasil / Embratel
Countries: Brazil
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

America Movil improves EBITDA growth to 8% in Q3, revenues up 2%

Published 17 Oct 2018 08:52 CET | Latin America
America Movil improved EBITDA growth to 7.7 percent in the third quarter, to MXN 71.8 billion, driven by improved margins in ...

Claro Brasil adds extra data for streaming apps to postpaid plans

Published 02 Oct 2018 10:01 CET | Brazil
Claro Brasil has added extra data its mobile postpaid plans for customers to access streaming services. The Extra Play data can ...

Claro Brasil offers discount on Control plans with annual contract

Published 12 Sep 2018 14:56 CET | Brazil
Claro Brasil has announced changes in its control plans, offering discounts to users. Those who opt for plans with 3.5 GB and 5 ...

Claro launches Claro Flex plan by SMS invite

Published 24 Aug 2018 11:30 CET | Brazil
Claro Brasil has launched Claro Flex, a new plan with unlimited calls to any operator, as well as SMS and WhatsApp, for an ...

Claro Brasil increases data in postpaid plans, adds free digital content

Published 01 Aug 2018 14:10 CET | Brazil
In addition to twice the internet during night hours, the plans now include digital services Claro Games and Claro News. The 30 ...

Claro Brasil grows revenues, EBITDA in Q2

Published 18 Jul 2018 12:32 CET | Brazil
Claro Brasil reported net revenue of BRL 8.93 billion in the second quarter of 2018, up 0.8 percent on the previous quarter, ...





Calendar   /   Industry Events

26 Jan Cisco Live
28 Jan CEM in Telecoms Global Summit
29 Jan Telia Q4 2019
29 Jan Cirrus Logic fiscal Q3
29 Jan Telenor Q4 2019
29 Jan Facebook Q4 2019
29 Jan Extreme Networks fiscal Q2
29 Jan AT&T Q4 2019
29 Jan Mellanox Q4 2019
29 Jan Limelight Networks Q4 2019
29 Jan Elisa Q4 results
29 Jan Line Q4 2019
29 Jan KPN Q4 2019
29 Jan Qorvo fiscal Q3
29 Jan Microsoft fiscal Q2
29 Jan European 5G Conference
30 Jan NTT Docomo fiscal Q3
30 Jan BT fiscal Q3
30 Jan Amazon Q4 2019
30 Jan Verizon Q4 2019
30 Jan Samsung Electronics Q4 2019
30 Jan FCC meeting
30 Jan The Things Conference
31 Jan Charter Q4 2019
31 Jan KDDI fiscal Q3
03 Feb Tele2 Q4 2019
03 Feb Alphabet Q4 2019
03 Feb Vodacom fiscal Q3
03 Feb Harmonic Q4 2019
03 Feb DSP Group Q4 2019
::: More Calendar Items