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General

Claro Chile sales up 1.3% in Q3, EBITDA soars 81%

Friday 28 October 2016 | 10:21 CET | News
America Movil's Claro Chile unit reported a 1.3 percent year-on-year rise in total revenues to CLP 187.8 billion in the third quarter, with service revenues accelerating to a 5.3 percent growth rate thanks to soaring fixed and wireless data revenues, which grew by 7.8 percent and 16.0 percent respectively. Overall mobile revenues were down 0.3 percent year-on-year to CLP 122.5 billion partly due to a 29.1 percent fall in device sales. However, Claro Chile's EBITDA surged by 81.3 percent year on year to CLP 20.3 billion, equivalent to 10.8 percent of revenues.

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