0
General

Claro Ecuador revenues plummet 28% in Q2, loses nearly 600,000 mobile subs

Wednesday 15 July 2020 | 11:23 CET | News
Claro Ecuador (America Movil) reported revenues of USD 242 million in the second quarter of 2020, down 27.5 percent year on year due to the heavy impact of the country's drastic Covid-19 lockdown measures, coupled with an ongoing economic downturn. Mobile service revenues fell 18.9 percent year on year to USD 208 million, partly offset by a 16.4 percent rise in fixed line service revenues, although handset sales plunged 84.6 percent to just USD 7 million. Claro Ecuador's second-quarter EBITDA likewise fell, by 16.9 percent year on year, to USD 121 million, with the margin rising over 6

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
This article is part of dossier

Coronavirus


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 Caribbean sales down 10% in Q2, mobile subs steady

Published 15 Jul 2020 13:58 CET | Caribbean
America Movil's Claro units in the Caribbean reported second-quarter revenues down 10.3 percent year on year to USD 405 million, ...

Claro sheds 928,000 subs in Central America in Q2

Published 15 Jul 2020 12:28 CET | Central America
America Movil's combined Central American units, operating under the Claro brand, reported second-quarter revenues down 12.1 ...

Claro Argentina revenues down 10% in Q2, ARPU up on fixed line boost

Published 15 Jul 2020 12:07 CET | Argentina
America Movil reported second-quarter revenues adjusted for inflation down 10.1 percent year on year to ARS 25.6 billion in ...

Claro Peru revenues down 18% in Q2, disconnects 1 mln prepay subs

Published 15 Jul 2020 11:43 CET | Peru
Peru's stringent lockdown measures curbed Claro Peru's recent growth trend in the second quarter of 2020, with revenues declining ...

Claro Chile revenues plunge 14% in Q2, disconnects 174,000 mobile subs

Published 15 Jul 2020 11:07 CET | Chile
America Movil's Claro Chile unit reported a 14.1 percent year-on-year fall in total revenues to CLP 182.3 billion in the second ...

Claro Colombia revenues up 1% in Q2, EBITDA down 2% on Covid impact

Published 15 Jul 2020 10:49 CET | Colombia
Claro Colombia, a subsidiary of America Movil, reported second quarter revenues up 0.9 percent year on year to COP 3.1 trillion, ...

America Movil Q2 service revenues down 2% in Mexico, disconnects 1.7 mln prepay lines

Published 15 Jul 2020 10:18 CET | Mexico
America Movil reported revenues for its domestic market of Mexico down 14.2 percent year on year to MXN 62.9 billion in the ...

America Movil revenue growth slows in Q2 as over 5 mln mobile customers lost

Published 15 Jul 2020 08:48 CET | Latin America
America Movil said it lost over 5 million mobile customers in the second quarter, as Covid-19 lockdown measures across almost its ...

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 ...

America Movil revenues flat in Q4, net profit surges to MXN 21 bln

Published 12 Feb 2020 16:01 CET | Latin America
America Movil reported revenues of MXN 263 billion in the final quarter of 2019, flat year on year following the previous ...

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

Published 16 Oct 2019 11:39 CET | Ecuador
Claro Ecuador reported revenues of USD 327 million in the third quarter, down 1.3 percent year on year, with service revenues ...





Calendar   /   Industry Events

10 Aug Ceva Q2
10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Gogo Q2 2020
10 Aug Sohu Q2 2020
11 Aug Lumentum fiscal Q4
11 Aug Zoom Telephonics Q2 2020
11 Aug NTT fiscal Q1
11 Aug Rakuten Group Q2
11 Aug Radcom Q2 2020
11 Aug Viavi fiscal Q4
12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Teleste Q2 2020
13 Aug United Internet H1 2020
13 Aug Singtel fiscal Q1
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
::: More Calendar Items