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General

Telecom Argentina FY revenues up 32% on increased ARPU

Thursday 9 March 2017 | 08:53 CET | News
Telecom Argentina reported a net profit of ARS 4.0 billion in 2016, up 16.6 percent year on year thanks to a surge in ARPU driven by new convergent services. The operator's overall revenues for the January to December period soared by 31.5 percent to ARS 54.2 billion, due to a 64.0 percent year on year rise in fixed data revenues and a 31.6 percent increase in sales at its mobile unit Personal Argentina. OIBDA was up 32.7 percent to ARS 14.4 billion and operating profit came to ARS 7.8 billion, up 25.9 percent year on year.

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Categories: General
Companies: Telecom Argentina
Countries: Argentina
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