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General

Claro Chile revenues down another 3% in Q1, mobile subs up 4%

Wednesday 29 April 2020 | 11:47 CET | News
America Movil's Claro Chile unit reported a 3.0 percent year-on-year decline in total revenues to CLP 199.4 billion in the first quarter of 2020, in line with previous quarters, with total service revenues falling 2.4 percent to CLP 165.7 billion due to a contraction in the prepay sector above all. However, Claro said postpaid revenues increased 3.8 percent year on year in the first 3 months of 2020, up from 2.7 percent in the previous quarter, while fixed-line service revenues improved to a 2.5 percent loss compared to -4.4 percent in Q4 2019.

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