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General

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

Wednesday 31 October 2018 | 11:12 CET | News
Telefonica's Peruvian unit (Telefonica del Peru) reported a year on year organic revenue fall of 4.3 percent to EUR 527 million in the third quarter, affected by ongoing competitive pressure prompting lower tariffs and regulatory impact. Operating income before depreciation and amortisation (OIBDA) slumped by 30.1 percent year on year to EUR 80 million in the quarter, while the company's OIBDA margin stood at 15.2 percent, down 7.4 percentage points from the year-earlier period. The operator's capital expenditure declined by 9.9 percent year on year to EUR 192 million in the first half of

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