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General

CWC posts net decline in mobile subscribers in Q4

Thursday 14 July 2016 | 17:12 CET | News
Cable & Wireless Communications (CWC) said it saw a net loss of 94,800 mobile subscribers over the its fiscal fourth quarter to end-March, narrowing from a loss of 159,300 clients in the year-earlier period. Company-wide, ARPU fell from a year earlier in all segments apart from telephony, with average monthly mobile revenue over the quarter at USD 19.1, down from 19.5. Over the full year, CWC's sales totalled USD 2.38 billion, up 2.1 percent from a year earlier on a pro forma basis and adjusted EBITDA rose 11 percent to USD 950 million.

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Categories: General
Companies: Cable & Wireless Communications / Liberty Global
Countries: Caribbean / Panama
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