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Telecom Argentina revenues up 18% to ARS 14.7 bln in Q1

Thursday 11 May 2017 | 11:15 CET | News
Telecom Argentina reported revenues up 18.2 percent year on year to ARS 14.7 billion in the first three months of the year, boosted by a 27.8 percent surge in average revenue per mobile user to ARS 133.4. Net profit more than doubled year on year to ARS 2.0 billion compared to ARS 925 million in Q1 2016, thanks in part to the strengthening of the peso against the dollar. The company's mobile customer base was down 1.9 percent year on year 19.2 million at the end of March, with postpaid clients representing 34 percent of the subscriber base. Fixed broadband accesses were down 4.2 percent to

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Categories: General
Companies: Telecom Argentina
Countries: Argentina
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