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General

Entel Q4 revenues up 46% on asset sales, Peru client adds

Friday 31 January 2020 | 08:50 CET | News
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Chilean operator Entel reported revenues of CLP 738.8 billion in the fourth quarter of 2019, up 46 percent year on year thanks above all to the sale of towers and call centre facilities in Chile and Peru, coupled with continuing organic revenue growth in Peru and a 2 percent rise in the total customer base to 17.39 million. The company said the transfer of an initial 2,364 sites (1,275 in Chile and 1,089 in Peru) to American Tower accounted for a CLP 207.6 billion improvement in revenues in Q4. As a result, consolidated EBITDA was up 175 percent year on year to CLP 347.6 billion following the

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Categories: General
Companies: American Tower / Entel
Countries: Chile
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