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General

Telefonica Colombia sales up 6.4% on increased client base

Thursday 28 July 2016 | 10:39 CET | News
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Telefonica Colombia reported second-quarter revenues up 6.4 percent from a year earlier to EUR 347 million on a constant currency basis, thanks above all to its mobile data, pay TV and IT projects and a fourth consecutive quarter of net mobile additions. However, operating income before depreciation and amortisation (OIBDA) declined by 9.6 percent year-on-year to EUR 108 million, while the OIBDA margin fell by 5.5 percentage points to 31.0 percent in Q2. Mobile service revenues were down 0.5 percent in local currency to the equivalent of EUR 180 million, impacted by mobile termination rate

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Categories: General
Companies: Telefonica
Countries: Colombia
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