Claro Central America sales up 5% in Q4 on broadband surge

Wednesday 14 February 2018 | 11:11 CET | News

America Movil’s Central American units, operating under the Claro brand, reported fourth-quarter revenues of USD 605 million, up 4.7 percent year-on-year thanks above all to a 7.8 percent rise in fixed line subscriptions, including a 15.1 percent surge in broadband accesses. Mobile service revenues inched up 1.0 percent to USD 354 million thanks in part to a 10 percent rise in mobile data revenues. Fixed-line revenues climbed 8.3 percent to USD 199 million. EBITDA for the region came to USD 210 million, up 7.6 percent year on year, with the EBITDA margin rising by a percentage point to 34.8 percent of revenues.

The operator increased its mobile customer base in Central America by 274,000 in the quarter to December to reach a total of 15.92 million subscribers, up 5.6 percent year on year. Fixed-line RGUs were up 7.8 percent year-on-year to a regional total of 5.81 million.

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