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General

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

Tuesday 5 May 2020 | 15:00 CET | News
Chilean operator Entel reported revenues of CLP 530.7 billion in the first quarter of 2020, up 12 percent year on year due to continuing organic revenue growth in both Chile and Peru and the sale of another tranche of towers to American Tower Corporation. EBITDA also grew, by around 25 percent year on year to CLP 172.7 billion, again helped by the effect of the towers operation (CLP 13.8 billion) but the company still posted a net loss of CLP 22.5 billion loss in the first 3 months of the year compared to a profit of CLP10.1 billion a year earlier, attributed to higher taxes resulting from

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Categories: General
Companies: Entel / Entel Peru
Countries: Chile / Peru
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