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General

Claro Caribbean Q3 sales flat, adds 126,000 Dominican mobile subs

Wednesday 21 October 2020 | 13:18 CET | News
America Movil's Claro units in the Caribbean reported third-quarter revenues of USD 439 million, down 0.6 percent year on year but a vast improvement on the Covid-impacted 10.3 percent annual decline posted in Q2. Puerto Rico revenues were up 10.8 percent year on year with sales in the Dominican Republic rising 1.4 percent compared to a 6.0 percent fall in the second quarter thanks to an 11.4 percent surge in prepaid revenues. EBITDA for the Caribbean region came to USD 150 million, up 3.4 percent, with the EBITDA margin climbing 1.3 percentage points to 34.1 percent of revenues.

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Categories: General
Companies: America Movil / Claro / Claro Caribbean / Claro Puerto Rico
Countries: Caribbean
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