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General

Claro Brasil sees 1.2% growth in net revenue in Q2

Wednesday 17 July 2019 | 09:03 CET | News
The Claro Brasil group reported 1.2 percent growth in net revenue during the second quarter of 2019 to BRL 9.04 billion, driven by a 10.6 percent increase in mobile services revenue. Revenues from mobile services rose to BRL 3.0 billion, while fixed services revenue fell 2.2 percent to BRL 5.6 billion, as losses in pay-TV and telephony offset growth of 14.1 percent in residential broadband revenue. EBITDA reached BRL 3.45 billion, with a margin of 38.2 percent. 

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Categories: General
Companies: Claro / Claro Brasil
Countries: Brazil
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