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Claro Chile Q3 revenues fall 7% on postpay decline

Wednesday 21 October 2020 | 11:28 CET | News
America Movil's Claro Chile unit reported a 6.6 percent year-on-year fall in total revenues to CLP 192.7 billion in the third quarter of 2020, attributed to the ongoing impact of the Covid-19 crisis, albeit an improvement on the 14.1 percent decline posted in Q2. Prepaid revenues were down 14.7 percent, an improvement on the 31.8 percent decline seen in the previous quarter, with postpaid revenues falling 8.3 percent due in part to the poor performance of the SME segment as a result of the pandemic.

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