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General

Telefonica Argentina sales up 28% to EUR 884 mln in Q4

Thursday 21 February 2019 | 12:14 CET | News
Telefonica Argentina reported inflation-adjusted organic revenues up 28.2 percent year on year to EUR 884 million in the fourth quarter, helped by a price hike and the launch of pay-TV services. Mobile service revenues rose 21.6 percent year on year thanks to a 31 percent surge in ARPU and higher contract and LTE accesses. The company's operating income before depreciation and amortisation (OIBDA) was up 29.5 percent year on year to EUR 252 million in the fourth quarter, while the OIBDA margin inched up to 28.5 percent.

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