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General

Telefonica Peru revenues return to growth after two and a half years in Q3

Tuesday 5 November 2019 | 11:33 CET | News
Telefonica's Peruvian unit (Telefonica del Peru) reported its first revenue growth in two and a half years in the third quarter of 2019, posting a 0.6 percent year on year increase to EUR 547 million following falls of 0.9 percent and 1.7 percent in the first two quarters. The operator attributed the rise to gradual tariff updates in the fixed and handset sales segments, which helped to offset ongoing competitive pressure and regulatory impact (including a 57 percent mobile termination rate cut from 01 January).

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