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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.

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