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Claro Peru revenues up 4% in Q4 on equipment surge

Thursday 13 February 2020 | 10:22 CET | News
Claro Peru's revenues accelerated to a 4.1 percent year on year rise in the fourth quarter of 2019 after returning to growth in Q3, helped by a 34.1 percent surge in equipment sales. Total quarterly revenues were PEN 1.37 billion, up from PEN 1.31 billion a year earlier, with equipment sales climbing from PEN 305 million to PEN 408 million and fixed services revenues up 4.0 percent on the back of an 18.3 percent rise in broadband revenues. However, overall service revenues declined 4.0 percent due above all to a reduction in mobile termination rates and other one-off items.

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