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General

Claro Ecuador Q3 revenues up 1.8% on higher ARPU and handset sales

Wednesday 17 October 2018 | 11:04 CET | News
America Movil's Claro Ecuador unit reported revenues of USD 331 million in the third quarter, up 1.8 percent year on year in a result that consolidated the operator's recent return to growth. Mobile service revenues were down 2.3 percent year on year to USD 257 million but equipment revenues surged 26.2 percent to USD 53 million and ARPU rose 4.6 percent to USD 11 on the back of a 62 percent increase in data consumption. Claro Ecuador's third-quarter EBITDA came in at USD 128 million, up 2.2 percent compared to a year earlier, while its EBITDA margin was practically at unchanged at 38.7

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