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General

Telefonica Peru improves revenue fall to 1.7% in Q1, hits 2 mln fixed broadband clients

Friday 10 May 2019 | 10:28 CET | News
Telefonica's Peruvian unit (Telefonica del Peru) reported a year on year organic revenue decline of 1.7 percent to EUR 518 million in the first quarter of 2019, an improvement on falls of 2.8 percent, 4.3 percent and 4.5 percent in the previous three quarters thanks above all to improved contract revenues and handset sales. However, intense competitive pressure and regulatory impact still resulted in a 7.9 percent year on year fall in operating income before depreciation and amortisation (OIBDA) to EUR 107 million in the quarter, up from EUR 60 million in Q4, while the company's OIBDA margin

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Categories: General
Companies: Telefonica / Telefonica del Peru
Countries: Peru
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