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General

Telecom Argentina Q1 revenues down 5% to ARS 63 bln

Friday 15 May 2020 | 15:05 CET | News
Telecom Argentina reported consolidated first-quarter revenues of ARS 62.8 billion, down 4.5 percent year on year after adjusting for inflation of over 48 percent. In a statement, Telecom Argentina-Cablevision said service revenues for the first 3 months of the year declined 3.3 percent in real terms to ARS 59.6 billion due to lower subscriber numbers for all products compared to Q4 2019, partly offset by higher mobile ARPU, while operating income fell 13.5 percent year on year to ARS 5.8 billion.

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Categories: General
Companies: Cablevision / Telecom Argentina
Countries: Argentina
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