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General

Claro Ecuador sales down 9% in Q3 on prepay losses

Wednesday 25 October 2017 | 10:59 CET | News
America Movil's Claro Ecuador unit reported revenues of USD 325 million in the third quarter, down 8.5 percent compared to the year-earlier result of USD 356 million but a slight improvement on annual falls of 9.2 percent and 10.9 percent in the first two quarters of the year. The operator's mobile revenues fell 10.7 percent year-on-year to USD 305 million in the third quarter, due above all to aggressive competition in the prepaid segment, partly offset by a 9.5 percent rise in mobile data revenues. In the fixed-line segment, revenues rose 39.1 percent to USD 21 million in the July to

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