0
General

Entel returns to profit in Q1, adds over 500,000 customers

Thursday 6 May 2021 | 15:33 CET | News
Chilean operator Entel returned to profit in the first quarter of 2021 on the back of an improved operating environment, lower tax burdens and substantial customer increases in both Chile and Peru. The company posted a CLP 17.32 billion net profit in the first 3 months of the year compared to a CLP 22.47 billion net loss a year earlier, with revenues rising 7 percent to CLP 568.8 billion and EBITDA up 3 percent to CLP 177.60 billion.

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?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

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

WOM sales up 13% in 2020, nears 7 mln customers

Published 29 Mar 2021 12:13 CET | Chile
Chilean mobile operator WOM reported revenues of CLP 587 billion in 2020 as a whole, up 13 percent year on year, in spite of ...

Entel Chile and MTT run 5G-based smart traffic trial

Published 15 Mar 2021 11:47 CET | Chile
Chilean operator Entel and the country's ministry of transport and telecommunications (MTT) have launched a series of trials of ...

Entel Peru activates 5G FWA service

Published 10 Mar 2021 10:58 CET | Peru
Entel Peru has joined Claro (America Movil) with the launch of its first fixed wireless access (FWA) internet service over 5G in ...

Chile raises over USD 450 mln in 5G spectrum tenders

Published 17 Feb 2021 10:40 CET | Chile
Chilean telecommunications regulator Subtel said it raised a total of CLP 249 billion (around USD 453 million) in a series of ...

Entel revenues down 19% in Q4, customers up 5% to over 18 mln

Published 29 Jan 2021 11:30 CET | Chile
Chilean operator Entel reported revenues of CLP 597.6 billion in the final quarter of 2020, down 19 percent year on year due to ...

Entel Q2 revenues up yr-on-yr but down sequentially on Covid-19

Published 05 Aug 2020 13:32 CET | Chile
Chilean operator Entel has reported second-quarter revenues of CLP 476 billion, up 5 percent from a year earlier but down 10 ...

Entel revenues up 12% on tower sales in Q1, posts net loss

Published 05 May 2020 15:00 CET | Chile
Chilean operator Entel reported revenues of CLP 530.7 billion in the first quarter of 2020, up 12 percent year on year due to ...