0
General

Entel profits slump 41% in Q1 on Peru integration costs

Wednesday 10 May 2017 | 10:08 CET | News
Chilean operator Entel reported first-quarter revenues up 3 percent year-on-year to CLP 473.6 billion, boosted by a 29 percent rise in sales at its Peruvian unit. Around 55 percent of the company's revenues came from its Chilean mobile unit and 21 percent from the Peruvian equivalent. However, costs associated with the consolidation of its Peruvian business and a highly competitive domestic market dragged down the company's net profit to CLP 14.1 billion in the first quarter, some 41 percent less than the year-earlier result. Mobile customers were up 7 percent year on year, with a 39 percent

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Entel / Entel Peru
Countries: Chile / Peru
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Entel profit up 27% in 2017, adds 1.7 mln customers in Peru

Published 02 Feb 2018 09:51 CET | Chile
Chilean operator Entel reported fourth-quarter revenues up 3 percent year on year to CLP 513.8 billion, driven by its Peruvian ...

Entel sales rise 3% in Q3 as Peru clients soar to 6.2 mln

Published 07 Nov 2017 13:51 CET | Chile
Chilean operator Entel reported third-quarter revenues up 3 percent year-on-year to CLP 483.0 billion, as a 29 percent rise in ...

Entel Peru launches all-you-can-eat postpay plan

Published 01 Nov 2017 10:54 CET | Peru
Peruvian operator Entel has announced the launch of the country's first all-you-can-eat plan as part of a range of new postpay ...

Entel picks Ericsson for Chilean mobile network expansion

Published 30 Oct 2017 09:11 CET | Chile
Ericsson has announced a contract to deploy a 5G-ready LTE network for Entel Chile, extending the companies' 20-year strategic ...

Entel Chile launches 300Mbps FTTH service in Santiago region

Published 09 Oct 2017 15:01 CET | Chile
Chilean operator Entel has activated its new fibre-to-the-home (FTTH) service in several areas in the Santiago metropolitan ...

Entel Peru hits 6 mln subscribers milestone

Published 23 Aug 2017 09:15 CET | Peru
Chilean operator Entel has announced that its Peruvian unit passed the milestone of 6 million subscribers less than three years ...

Entel sales up 4.5% in Q2, profits slide on Peru investment

Published 09 Aug 2017 09:52 CET | Chile
Chilean operator Entel reported second-quarter revenues up 4.5 percent year-on-year to CLP 478.7 billion thanks above all to a ...

Peru's Entel fined CLP 1 mln for misleading WhatsApp advertising

Published 08 Aug 2017 13:48 CET | Peru
Peru's antitrust and IP protection authority Indecopi has fined operator Entel a total of CLP 1.15 million (around USD 350,000) ...

Entel Chile to double 4G base stations in extra USD 100 mln investment

Published 24 Jul 2017 10:37 CET | Chile
Chilean operator Entel is set to invest a further USD 100 million to install a further 737 LTE base stations throughout the ...

Entel, Cisco team up to launch M2M management platform

Published 23 May 2017 14:53 CET | Chile
Chilean operator Entel has teamed up with Cisco Jasper to offer business customers a new IoT connectivity platform called M2M ...

Entel to invest USD 1.8 bln in Chile, Peru by 2019

Published 28 Apr 2017 11:05 CET | Chile
Chilean operator Entel announced that its board approved a plan to invest USD 1.8 billion over the next three years to boost 4G ...

Entel Q4 sales up 5% thanks to Peruvian ops

Published 26 Jan 2017 13:37 CET | Chile
Chilean operator Entel reported fourth-quarter revenues up 5 percent year-on-year to CLP 496.9 billion, boosted by a 30 percent ...

Chilean internet penetration surges to 84% in Q3

Published 16 Dec 2016 14:16 CET | Chile
Fixed and mobile internet connections in Chile reached 15.3 million accesses at the end of September 2016, over 2.4 million more ...

Entel revenues up 5% in Q3, boosted by Peru unit

Published 09 Nov 2016 10:25 CET | Chile
Chilean operator Entel reported third-quarter revenues up 5 percent year-on-year to CLP 467.9 billion, boosted by a 40 percent ...

Entel revenues up 5% to CLP 459 bln in Q2

Published 04 Aug 2016 15:48 CET | Chile
Chilean operator Entel reported second-quarter revenues up 5.1 percent year-on-year to CLP 459.0 billion from CLP 436.8 billion ...

Entel grows Q1 revenues 6% to CLP 461 bln

Published 23 May 2016 11:13 CET | Chile
Chilean operator Entel ended the first quarter of 2016 with total revenues of CLP 461.3 billion, up 6 percent on the same period ...





Calendar   /   Industry Events

26 Oct Siminn Q3 2021
26 Oct KPN Q3 2021
26 Oct NENT Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct TIM Brasil Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Digital Realty Q3
26 Oct Twitter Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct FCC meeting
26 Oct MWC Los Angeles
26 Oct Samsung Developer Conference
26 Oct Cabsat
27 Oct Telefonica Deutschland Q3 2021
27 Oct TIM Q3 2021
27 Oct Twilio Q3
27 Oct Spotify Q3 2021
27 Oct Hrvatski Telekom Q3 2021
27 Oct Ooredoo Q3 2021
27 Oct Vertiv Q3
27 Oct Netgear Q3
27 Oct Megacable Q3
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
28 Oct Apple fiscal Q3
::: More Calendar Items