0
General

Telefonica Argentina sales up 29% in Q3 on ARPU growth

Wednesday 31 October 2018 | 10:35 CET | News
Telefonica Argentina posted third-quarter revenues amounting to EUR 232 million, up 29.0 percent year on year on an organic basis on the back of data-led ARPU growth and higher handset revenues. However, on a reported basis, revenues were down 71.3 percent due to a hyperinflationary adjustment applied retroactively since January. The accounting changes come after Argentina's Central Bank raised interest rates to 60 percent in August in response to the dramatic fall of the Argentine peso, which has lost around 50 percent of its value against the US dollar this year. The Q3 impact on Telefonica

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telefonica / Telefonica Argentina
Countries: Argentina
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telefonica Peru Q3 sales down 4.3% on MTR cuts, competition

Published 31 Oct 2018 11:12 CET | Peru
Telefonica's Peruvian unit (Telefonica del Peru) reported a year on year organic revenue fall of 4.3 percent to EUR 527 million ...

Telefonica Chile sales flat at EUR 505 mln in Q3, OIBDA up 3%

Published 31 Oct 2018 10:56 CET | Chile
Telefonica Chile posted third-quarter revenues of EUR 505 million, unchanged on an organic basis but down 3.4 percent on a ...

Telefonica Colombia Q3 sales surge 8% on mobile and broadband gains

Published 31 Oct 2018 09:54 CET | Colombia
Telefonica Colombia reported third-quarter revenues up 7.8 percent from a year earlier to EUR 383 million, accelerating its ...

Telefonica Mexico Q3 revenues fall 6.5% to EUR 293 mln, clients up 3%

Published 31 Oct 2018 09:32 CET | Mexico
Telefonica Mexico again posted a 6.5 percent year on year fall in revenues to EUR 293 million in the third quarter of 2018, in ...

Telefonica Brasil net profit surges 160% in Q3

Published 31 Oct 2018 08:44 CET | Brazil
Telefonica Brasil posted a net profit of BRL 3.2 billion in the third quarter, up 160 percent from the year before, driven by ...

Telefonica Spain Q3 revenues stable at EUR 3.2 bln, adds 294,000 mobile clients

Published 31 Oct 2018 08:41 CET | Spain
As ever, the company was keen to stress the performance of its Movistar Fusion convergent offer, with customers up 4 percent year ...

Telefonica raises outlook as organic revenue growth improves to 2.7% in Q3

Published 31 Oct 2018 08:32 CET | Latin America
Telefonica raised its full-year outlook for organic revenue growth to around 2 percent from 1 percent, after results strengthened ...

Telefonica Deutschland improves FY outlook as merger synergies come faster

Published 30 Oct 2018 09:38 CET | Germany
Telefonica Deutschland has slightly improved its outlook for full-year results, after its figures in the first nine months ...

Telefonica launches Argentina pay-TV service with Netflix app

Published 23 Oct 2018 11:39 CET | Argentina
Telefonica Argentina has announced the launch of its first pay-TV service in parts of Buenos Aires, confirming recent reports. ...

Telefonica cuts Argentina 9-mth sales by EUR 625 mln due to hyperinflation

Published 10 Oct 2018 10:54 CET | Argentina
Telefonica has significantly reduced its sales and profit expectations in Argentina due to the country's hyperinflation, reports ...

Telefonica Argentina Q2 revenues up 22% on rising ARPU

Published 26 Jul 2018 11:03 CET | Argentina
Telefonica Argentina reported second-quarter revenues of EUR 703 million, up 22.3 percent year on year thanks above all to a 30.9 ...

Telefonica Argentina revenues up 25% to EUR 755 mln in Q1

Published 26 Apr 2018 11:08 CET | Argentina
Telefonica Argentina reported first-quarter revenues of EUR 755 million, up 24.9 percent year on year due above all to a 31.3 ...

Telefonica Argentina sales up 28% to EUR 890 mln in Q4

Published 22 Feb 2018 09:55 CET | Argentina
Telefonica Argentina posted another quarter of strong growth in the October to December period, with revenues of EUR 890 million ...





Calendar   /   Industry Events

22 Jan European 5G Conference
23 Jan TE Connectivity fiscal Q1
23 Jan Adtran Q4 2018
23 Jan Comcast Q4 2018
23 Jan TMT Finance Asia
24 Jan Crown Castle Q4 2018
24 Jan Digi Q4 2018
24 Jan STMicroelectronics Q4 2018
24 Jan Rogers Communications Q4 2018
25 Jan Telia Q4 2018
25 Jan Vodafone Group fiscal Q3
25 Jan Ericsson Q4 2018
27 Jan Grameenphone Q4 results
28 Jan Dtac Q4 2018
28 Jan Cisco Live 2019
29 Jan Juniper Networks Q4 2018
29 Jan Extreme Networks fiscal Q2
29 Jan Corning Q4 2018
29 Jan 8x8 Q3 fiscal 2019
29 Jan O2 Czech Republic Q4 2018
29 Jan Verizon Q4 2018
29 Jan TowerXchange MENA Meetup 2019
::: More Calendar Items