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General

Claro Central America gains over 500,000 mobile subs in Q4

Wednesday 10 February 2021 | 12:37 CET | News
America Movil's combined Central American units, operating under the Claro brand, reported fourth-quarter revenues down 5.5 percent year on year to USD 577 million, an improvement on recent Covid-affected quarters, with service revenues falling 2.5 percent and equipment sales declining 25.8 percent due to ongoing restrictions in some markets. In fact, the company's regional EBITDA rose, by 7.5 percent year on year, to USD 240 million, while the EBITDA margin up by around 5 percentage points to 41.7 percent of revenues.

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