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General

Entel revenues up 2% in Q1, profit soars to over CLP 10 bln

Tuesday 7 May 2019 | 13:45 CET | News
Chilean operator Entel reported revenues of CLP 474.8 billion in the first quarter of 2019, up 2 percent on higher mobile revenues in Peru and fixed service revenues in Chile. Consolidated EBITDA surged by 39 percent to CLP 137.8 billion post IFRS while lower financial expenses and higher operating income helped offset higher taxes and drastic cuts in mobile termination rates of 80 percent in Chile and 56 percent in Peru to boost net profit to CLP 10.1 billion compared to just CLP 23 million in Q1 2018.

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