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General

Claro Mercosur sales jump 29% in Q2, but service revenue growth slows on Argentina

Wednesday 18 July 2018 | 10:42 CET | News
America Movil reported second-quarter revenues up 28.7 percent year on year in Argentina, Paraguay and Uruguay but overall service revenue growth slowed for the fourth consecutive quarter amid soft consumer spending in Argentina. The company said its three Claro units posted combined sales of ARS 15.2 billion. That includes a 28 percent rise in mobile revenues to ARS 14.2 billion, slowing from 30.9 percent growth in the previous quarter.

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Categories: General
Companies: America Movil / Claro
Countries: Argentina / Paraguay / Uruguay
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