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General

Claro Peru sales down 5% in Q1 on disconnections, rate cuts

Tuesday 30 April 2019 | 11:36 CET | News
Claro Peru's revenues fell 5.4 percent year-on-year to PEN 1.26 billion in the first quarter, an acceleration on recent declines, attributed above all to 280,000 mobile disconnections and a 70 percent reduction in interconnection rates in January. Mobile service revenues were down 12.0 percent to PEN 715 million, while fixed line revenues stayed flat at PEN 211 million and equipment revenues rose 7.0 percent to PEN 324 million. America Movil's Peruvian subsidiary reported flat year on year EBITDA of PEN 339 million while the EBITDA margin rose to 27.9 percent of revenues.

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