0
General

Entel revenues up 3% in Q3 on Peru customer boost, posts net loss

Wednesday 6 November 2019 | 13:57 CET | News
Chilean operator Entel reported revenues of CLP 498.5 billion in the third quarter of 2019, up 3 percent year on year thanks mainly to a fast growing mobile customer base in Peru and higher postpaid subscriptions in Chile helping to offset lower domestic mobile revenues. Consolidated EBITDA was up 38 percent year on year to CLP 147.4 billion following the adoption of IFRS 16 but the company posted a net loss of CLP 14.8 billion in Q3 compared to a CLP 5.3 billion loss a year earlier due to higher taxation arising from depreciation of the Chilean peso against the US dollar.

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

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

Chile's Entel taps OmniSci to improve mobile analytics

Published 31 Jul 2020 11:13 CET | Chile
Analytics platform OmniSci announced a contract to help Chilean operator Entel improve mobile services for millions of customers ...

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 ...

Entel to invest USD 371 mln in Chile and Peru operations this year

Published 29 Apr 2020 15:00 CET | Chile
Chilean operator Entel has announced plans to invest USD 371 million in both Chile and Peru this year, around 10 percent less ...

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

Published 31 Jan 2020 08:50 CET | Chile
Chilean operator Entel reported revenues of CLP 738.8 billion in the fourth quarter of 2019, up 46 percent year on year thanks ...

Entel sells 3,242 Chile and Peru antennas to American Tower for USD 772 mln

Published 23 Dec 2019 10:53 CET | Chile
Chilean operator Entel has sold 3,242 of its towers in Chile and Peru to American Tower for a total of USD 772 million, reports ...

Entel posts 4% revenue rise in Q2, hits 4 mln Chilean postpay clients

Published 06 Aug 2019 10:09 CET | Chile
Chilean operator Entel reported revenues of CLP 485.4 billion in the second quarter of 2019, up 4 percent thanks to an expanded ...

Entel starts towers sale in Chile, Peru - report

Published 18 Jul 2019 12:24 CET | Chile
Chile operator Entel has hired financial advisors to sell its over 2,000 towers. The company is looking to raise money for debt ...

Chile's Entel using Genesys AI to improve customer experience

Published 12 Jun 2019 11:28 CET | Chile
Genesys announced that it's providing AI-powered orchestration capabilities to help Chilean operator Entel improve customer ...

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

Published 07 May 2019 13:45 CET | Chile
Chilean operator Entel reported revenues of CLP 474.8 billion in the first quarter of 2019, up 2 percent on higher mobile ...

Entel to invest nearly USD 600 mln in Chile and Peru this year

Published 26 Apr 2019 10:11 CET | Chile
Chilean operator Entel has announced plans to invest some USD 600 million in both Chile and Peru this year, focusing above all on ...

Entel Peru launches store on MercadoLibre's online platform

Published 29 Mar 2019 15:18 CET | Peru
Entel has become the first Peruvian operator to open an official store on the platform of Latin American e-commerce giant ...





Calendar   /   Industry Events

25 Jan Edgeware EGM
25 Jan The Things Conference 2021
26 Jan Verizon Communications Q4 2020
26 Jan F5 Networks fiscal Q1
26 Jan Microsoft fiscal Q2
26 Jan Meetup MENA
27 Jan KPN Q4 2020
27 Jan Extreme Networks fiscal Q2
27 Jan MediaTek Q4 2020
27 Jan Calix Q4 2020
27 Jan Facebook Q4 2020
27 Jan AT&T Q4 2020
27 Jan Corning Q4 2020
27 Jan Uptime
28 Jan Crown Castle Q4 2020
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
28 Jan Samsung Electronics Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan 8x8 fiscal Q3
29 Jan Charter Communications Q4 2020
29 Jan Telia Q4 2020
29 Jan Ericsson Q4 2020
29 Jan NEC fiscal Q3
::: More Calendar Items