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General

Telefonica Peru revenues down 7% to EUR 619 mln in Q3

Thursday 27 October 2016 | 10:45 CET | News
Telefonica's Peruvian unit (Telefonica del Peru) reported third-quarter revenues down 6.9 percent year on year to EUR 619 million on a constant currency basis, blamed on intensifying competition in the mobile prepay and contract segments, lower device sales and the effects of rate cuts. Operating income before depreciation and amortisation (OIBDA) fell 6.5 percent year on year to EUR 216 million in the quarter, while the company's OIBDA margin was virtually unchanged at 34.9 percent. Telefonica del Peru's total customer base at the end of September came to 21.40 million, down 3.5 percent year

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