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General

CWC sales flat at USD 589 mln in Q1, EBITDA up 8%

Wednesday 9 May 2018 | 11:04 CET | News
Cable & Wireless Communications (CWC), part of Liberty Global's Liberty Latin America unit, reported organic revenues of USD 589.3 million in the first quarter of 2018, down 0.3 percent year on year in part due to the negative impact of Hurricanes Irma and Maria in the Caribbean region, offset by sequential growth in revenue generating units (RGUs). The company's organic EBITDA was up 8 percent year on year to USD 228 million in Q1 driven by lower operating costs and reduced network-related expenses. Residential fixed and mobile revenues fell by 1.0 percent and 2.7 percent respectively,

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