0
General

Claro Ecuador revenues dip 1% to USD 327 mln in Q3

Wednesday 16 October 2019 | 11:39 CET | News
Claro Ecuador reported revenues of USD 327 million in the third quarter, down 1.3 percent year on year, with service revenues dipping 0.9 percent to USD 275 million. Mobile service revenues at America Movil's unit fell 1.5 percent year on year to USD 253 million due to aggressive pricing promotions, partly offset by a 6.4 percent rise in fixed line revenues to USD 23 million. Claro Ecuador's third-quarter EBITDA came in at USD 143 million, up from USD 128 million a year earlier under IFRS16, with the EBITDA margin up 2.6 percentage points to 43.6 percent of revenues.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: America Movil / Claro Ecuador
Countries: Ecuador
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Claro Ecuador revenues down 6% in Q1 on Covid-19 impact

Published 29 Apr 2020 12:00 CET | Ecuador
Claro Ecuador (America Movil) reported revenues of USD 307 million in the first quarter of 2020, down 5.9 percent year on year ...

Claro Ecuador revenues up 1% in Q4, adds 250,000 mobile clients

Published 13 Feb 2020 11:19 CET | Ecuador
Claro Ecuador (America Movil) reported revenues of USD 334 million in the fourth quarter, up 1.2 percent year on year thanks ...

Claro Caribbean revenues down 5%, subs up 6% in Q3

Published 16 Oct 2019 13:53 CET | Caribbean
America Movil's Claro units in the Caribbean reported third-quarter revenues down 5.3 percent year on year to USD 441 million, ...

Claro Central America sales down 4% in Q3, hits 7 mln fixed line subs

Published 16 Oct 2019 12:21 CET | Central America
America Movil's Central American units, operating under the Claro brand, reported total third-quarter revenues of USD 609 ...

Claro Argentina revenues down 8% to ARS 22 bln in Q3

Published 16 Oct 2019 12:01 CET | Argentina
America Movil reported third-quarter revenues down 7.9 percent year on year to ARS 22.3 billion in Argentina on a constant peso ...

Claro Peru revenues up again in Q3 on fixed broadband adds

Published 16 Oct 2019 11:20 CET | Peru
Claro Peru's revenues returned to growth in the third quarter of 2019, with the company posting a 1.7 percent year-on-year rise ...

Claro Chile Q3 revenues down 3% to CLP 206 bln on prepaid decline

Published 16 Oct 2019 11:00 CET | Chile
America Movil's Claro Chile unit reported a 3.0 percent year-on-year fall in total revenues to CLP 206.2 billion in the third ...

Claro Brasil Q3 service revenues up 2%

Published 16 Oct 2019 10:40 CET | Brazil
Claro Brasil reported total revenues of BRL 9.11 billion in the third quarter of 2019, with service revenues up 2.2 percent to ...

Claro Colombia Q3 revenues surge over 13% on customer adds

Published 16 Oct 2019 10:39 CET | Colombia
Claro Colombia, a subsidiary of America Movil, reported total third quarter revenues up 13.5 percent year on year to COP 3.3 ...

America Movil's third quarter service revenues up over 4% in Mexico

Published 16 Oct 2019 10:21 CET | Mexico
America Movil reported third-quarter revenues for its domestic market of Mexico up 2.9 percent from a year earlier to MXN 72.9 ...

America Movil revenues edge higher in Q3, net profit falls on forex charges

Published 16 Oct 2019 09:51 CET | Latin America
America Movil reported a return to revenue growth in the third quarter, of 0.2 percent to MXN 248 billion. Underlying service ...

Claro Ecuador's Q2 revenues stagnate y-on-y, up 2.4% sequentially to USD 334 mln

Published 18 Jul 2019 07:43 CET | Ecuador
Claro Ecuador saw its Q2 revenues remain practically unchanged at USD 334 million from a year before but began to grow again ...

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

Published 30 Apr 2019 11:58 CET | Ecuador
Claro Ecuador reported revenues of USD 26 million in the first quarter, up 3.3 percent year on year but slightly down ...

Claro Ecuador revenues up 3% in Q4, adds 85,000 mobile clients

Published 13 Feb 2019 10:54 CET | Ecuador
Claro Ecuador reported revenues of USD 330 million in the fourth quarter, up 3.1 percent year on year in a result that ...

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

Published 17 Oct 2018 11:04 CET | Ecuador
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 ...