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General

Telefonica Peru narrows revenue fall to 2.8% in Q4, postpay lines up 5%

Thursday 21 February 2019 | 11:30 CET | News
Telefonica's Peruvian unit (Telefonica del Peru) reported a year on year organic revenue decline of 2.8 percent to EUR 528 million in the fourth quarter, an improvement on falls of 4.3 percent and 4.5 percent in the previous two quarters. However, strong competitive pressure and regulatory impact prompted a 37.1 percent year on year fall in operating income before depreciation and amortisation (OIBDA) to EUR 60 million in the quarter, while the company's OIBDA margin stood at 11.3 percent, down 9.3 percentage points from the year-earlier period.

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