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General

Claro Ecuador sales down 10.2% in Q3, contract subs up 6%

Friday 28 October 2016 | 10:40 CET | News
America Movil's unit Claro Ecuador reported third-quarter revenues of USD 356 million, down 10.2 percent compared to the year-earlier result of USD 396 million due in part to aggressive promotions and a new tax on telecom services. Mobile revenues fell 12.8 percent year-on-year to USD 343 million, partly offset by an 8.4 percent rise in device revenues to USD 52 million. In the fixed-line segment, revenues dipped 1.9 percent to USD 16 million in the three months to end-September. In terms of customer numbers, Claro Ecuador's mobile subscriber base fell by 3.9 percent to 8.92 million on 30

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