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General

Claro Peru revenues dip on rate cuts, adds 116,000 mobile subs in Q1

Wednesday 25 April 2018 | 11:05 CET | News
Claro Peru's revenues dipped 0.8 percent year-on-year to PEN 1.33 billion in the first quarter, attributed above all to a reduction in interconnection rates starting in January. However, America Movil's Peruvian subsidiary reported a 12.6 percent year-on-year increase in EBTIDA to PEN 313 million, while the EBITDA margin climbed from 20.7 percent a year earlier to 23.5 percent. Mobile service revenues were down 2.4 percent to PEN 919 million due to the 62.5 percent reduction in interconnection rates while fixed line revenues dipped by 0.6 percent year on year to PEN 211 million.

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