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General

Claro Colombia Q4 revenues up 7% on record 200,000 postpay adds

Wednesday 10 February 2021 | 10:46 CET | News
Claro Colombia, a subsidiary of America Movil, reported fourth quarter revenues up 6.6 percent year on year to COP 3.6 trillion, a substantial improvement on annual rises of 3.0 percent and 0.9 percent posted in the previous two quarters thanks in part to the easing of Covid-19 measures. Service revenues were up 9.0 percent to COP 2.76 trillion due to revenue growth in both mobile (+6.0%) and fixed-line (+13.9%) platforms. Adjusted EBITDA rose to COP 1.6 trillion, up 7.7 percent year on year, with the EBITDA margin coming in at 43.6 percent compared to 43.1 percent in Q4 2019.

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