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General

Claro Central America Q1 sales down 5% on forex, ARPU pressure

Tuesday 30 April 2019 | 12:14 CET | News

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America Movil's Central American units, operating under the Claro brand, reported first-quarter revenues of USD 609 million, down 4.6 percent year-on-year compared to the year-earlier result of USD 638 million due above all to negative exchange rates variations in most Central American currencies. Mobile service revenues came to USD 340 million, down 4.8 percent as a result of deteriorating conditions in Nicaragua and Honduras as well as ARPU pressure in Guatemala.

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