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General

Telefonica Argentina sales hit by forex, client base stable

Friday 29 April 2016 | 10:46 CET | News
Telefonica Argentina reported first-quarter revenues of EUR 689 million, down 26.3 percent on the year-earlier result of EUR 935 million due to negative currency effects, with the company keen to stress that revenues were up 19.7 percent on a constant currency basis. OIBDA fell by 11.4 percent year-on-year to EUR 149 million in the quarter, while the company's OIBDA margin declined by 7.5 percentage points to 21.4 percent. The operator's total customer base came in at 26.45 million at the end of March, flat year on year, with mobile accesses rising 0.9 percent to 19.92 million.

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