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General

Claro Colombia returns to growth in Q1 as sales up rise 2%

Wednesday 26 April 2017 | 09:43 CET | News
Claro Colombia, a subsidiary of America Movil, reported total first quarter revenues up 1.9 percent year-on-year to COP 2.76 trillion, with service revenues rising 2.1 percent, the first year-on-year increase in several quarters. Mobile revenues dipped 0.1 percent to COP 2.01 trillion, a significant improvement on recent sequential falls thanks above all to a 19.7 percent rise mobile data revenues, with fixed revenues growing 13.4 percent to COP 813 billion. The operator's EBITDA grew 12.0 percent from the year-earlier quarter to COP 1.10 trillion while its EBITDA margin rose 3.6 percentage

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