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Wireless

Movistar Ecuador Q1 revenues rise 4.6% in local currency

Monday 12 May 2014 | 07:59 CET | News
Telefonica's Ecuador unit ended this year's first quarter with over 5.24 million total accesses, up from 5.03 million in March 2013. The operator served 10,100 fixed wireless subscribers. Movistar ended the quarter with 5.17 million mobile accesses in Ecuador, up by 3.7 percent year-on-year. Telefonica's Ecuador unit saw its revenues increase by 1.1 percent year-on-year in local currency to a reported EUR 119 million in the first quarter. OIBDA rose 1.5 percent in local currency to EUR 43 million, while OIBDA margin was stable year-on-year at 35.7 percent.

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Categories: Mobile & Wireless
Companies: Movistar / Telefonica
Countries: Ecuador
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