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General

Telecom Argentina sales up 18% in 9 months to September

Tuesday 3 November 2015 | 16:53 CET | News
Argentine telecommunications operator Telecom Argentina reported consolidated revenues up 18.2 percent to ARS 28.59 billion in the nine months to 30 September, compared to the year earlier result of ARS 24.18 billion. The company's net profit came to ARS 2.78 billion, up 3.5 percent year on year, while OIBDA increased by 23.9 percent to ARS 7.66 billion. Telecom Argentina's Capex soared by 77.8 percent year on year to ARS 6.79 billion in the first nine months due above all to the expansion of the operator's fixed broadband and 4G networks. However, the company's total mobile customer dipped

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Categories: General
Companies: Telecom Argentina
Countries: Argentina
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