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General

Claro Brasil Q1 revenue up 3.5% to BRL 9.31 billion

Wednesday 29 April 2020 | 11:04 CET | News
Claro Telecom, the subsidiary of America Movil in Brazil, ended the first quarter of 2020 with revenue of BRL 9.31 billion, a 3.5 percent annual growth. Contributing to the positive performance was the 18.1 percent growth in mobile services revenue to BRL 3.44 billion, compensating the 3.2 percent drop in fixed revenue to BRL 5.5 billion. EBITDA grew 7.8 percent to BRL 3.68 billion, and the EBITDA margin increased 1.6 percent to 39.5 percent. 

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Categories: General
Companies: Claro / Nextel
Countries: Brazil
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