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General

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

Wednesday 13 February 2019 | 10:54 CET | News
Claro Ecuador reported revenues of USD 330 million in the fourth quarter, up 3.1 percent year on year in a result that consolidated the recent upturn of the America Movil unit. Mobile service revenues were down 2.1 percent year on year to USD 254 million due to intensifying competition but equipment revenues soared by 38.0 percent to USD 53 million. Claro Ecuador's fourth-quarter EBITDA declined by 4.3 percent to USD 137 million due to one-off regulatory payments, while its EBITDA margin fell by 3.3 percentage points to 41.6 percent.

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