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General

Claro Ecuador Q1 revenues up 3% on higher subs, handset sales

Tuesday 30 April 2019 | 11:58 CET | News
Claro Ecuador reported revenues of USD 26 million in the first quarter, up 3.3 percent year on year but slightly down sequentially. Mobile service revenues at America Movil's unit dipped by 0.5 percent year on year to USD 251 million due to strong competition but equipment revenues surged by 24.7 percent to USD 52 million. Claro Ecuador's first-quarter EBITDA rose by 4.7 percent on comparable terms to USD 138 million while its EBITDA margin was up 0.5 percentage points to 42.4 percent.

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