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Telecom Argentina H1 sales up 37.4%

Thursday 11 August 2016 | 10:14 CET | News
Telecom Argentina reported a 37.4 percent increase in sales over the first half of 2016 compared with the same period a year earlier, boosted by strong growth in both fixed and mobile. Net profit fell 12.2 percent, however, as Capex jumped 84.7 percent from the previous level. Total revenues in the period were ARS 25.4 billion, up from ARS 18.5 billion a year earlier, with mobile revenue up 35.5 percent at ARS 18.4 billion and fixed sales up 42.6 percent at ARS 7.1 billion.

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Categories: General
Companies: Telecom Argentina
Countries: Argentina
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