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General

CWC sales down 4% to USD 576 mln in Q1, subs up 10,000

Monday 8 May 2017 | 08:39 CET | News
Cable & Wireless Communications (CWC), part of Liberty Global's Latin American and Caribbean group (LiLAC), reported rebased revenues of USD 575.6 million in the first quarter of 2017, down 4.1 percent year on year due to weakness primarily in its mobile and fixed-line segments. The decrease in mobile revenue was mainly driven by a decline in the Bahamas, where competition increased and the company reduced roaming rates year-over-year, partially offset by continued mobile growth in Jamaica. The group's operating cash flow (OCF) came to USD 213.1 million, down 19.4 percent year on year on a

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