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General

Claro Colombia mobile service revenues down 2.3% in Q1

Wednesday 25 April 2018 | 10:23 CET | News
Claro Colombia, a subsidiary of America Movil, reported total first quarter revenues up 1.7 percent year on year to COP 2.81 trillion, slightly down compared to recent sequential rises of 2.6 percent, 2.4 percent and 4.5 percent. Total service revenues were up 1.3 percent year on year to COP 2.30 trillion but mobile service revenues fell 2.3 percent to COP 1.47 trillion, attributed to highly aggressive competition in the postpaid segment. However, fixed revenues were up 8.7 percent to COP 884 billion and the company's adjusted EBITDA rose 3.6 percent to COP 1.14 trillion, with the EBITDA

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