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Telefonica Argentina Q1 revenues up 40% on higher ARPU and handset sales

Friday 10 May 2019 | 11:08 CET | News
Telefonica Argentina reported inflation-adjusted organic revenues up 40.0 percent year on year to EUR 543 million in the first quarter thanks to gains in high value accesses and progressive tariff updates. Mobile service revenues climbed 33.1 percent year on year thanks to a 35.5 percent surge in ARPU and a 28.1 percent rise in handset sales. The company's operating income before depreciation and amortisation (OIBDA) was up 17.4 percent year on year to EUR 145 million in the first quarter, while the OIBDA margin fell 5.2 percent to 26.6 percent.

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Categories: General
Companies: Telefonica / Telefonica Argentina
Countries: Argentina
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