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General

Claro Caribbean sales down another 9% in Q4 on Puerto Rico impact

Wednesday 14 February 2018 | 11:26 CET | News
America Movil's Claro units in the Caribbean reported fourth-quarter revenues down 9.0 percent year on year to USD 448 million following a similar 9.4 percent annual decline in Q3, as the extraordinary costs resulting from Hurricane Maria's impact on Puerto Rico continued to bite. The company said the 16.1 percent revenue slump in Puerto Rico in the quarter was partly offset by a 2.9 percent rise in sales in the Dominican Republic thanks to data revenue increases of 13.4 percent and 11.6 percent on the mobile and fixed platform respectively. Although mobile service revenues in Puerto Rico

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