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General

Telecom Argentina H1 service sales up 27%, profit doubles

Thursday 10 August 2017 | 09:30 CET | News
Telecom Argentina reported revenues up 20.2 percent year on year to ARS 30.5 billion in the first six months of the year, with service revenues surging 27.3 percent to ARS 27.1 billion thanks to soaring mobile data demand and higher ARPU. Net profit more than doubled year on year to ARS 3.6 billion compared to ARS 1.7 billion in H1 2016, due in part to the strengthening of the peso against the dollar, while EBITDA rose 38.1 percent to ARS 9.3 billion.

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Categories: General
Companies: Nucleo Paraguay / Personal / Telecom Argentina
Countries: Argentina / Paraguay
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