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General

Claro Ecuador Q1 revenues down 17% on postpay slump

Wednesday 28 April 2021 | 11:48 CET | News
America Movil's Claro Ecuador unit reported revenues of USD 253 million in the first quarter of 2021, down 17.4 percent year on year due to the ongoing economic crisis, exacerbated by the pandemic. Mobile service revenues fell 19.0 percent year on year to USD 228 million in the January to March period, mainly due to a slump in postpaid and equipment revenues, but broadband service revenues climbed 15.3 percent year on year, offsetting falls in pay-TV and corporate revenues.

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