Entel revenues up 10% to CLP 474 bln in Q4

Friday 29 January 2016 | 10:30 CET | News
Chilean operator Entel reported fourth-quarter revenues 10 percent year-on-year to CLP 474.1 billion from CLP 431.3 billion in the year-earlier quarter, thanks above all to a 9 percent increase in its customer base, driven by its Peruvian unit. EBITDA jumped 34 percent to CLP 79.3 billion, a significant improvement on the 45 percent fall posted in the year-earlier period due to costs related to the launch of the Entel Peru brand. However, net income continued to fall to a negative CLP 11.9 billion, compared to a CLP 7.8 billion fall in the year-earlier quarter, as a result of lower tax

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Categories: General
Companies: Entel
Countries: Chile / Peru
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