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General

Telefonica Peru sales contract 9% in Q1, postpay subs rise

Thursday 26 April 2018 | 11:37 CET | News
Telefonica's Peruvian unit (Telefonica del Peru) reported first-quarter revenues down 9.0 percent year on year on an organic basis to EUR 501 million, affected by high competitive intensity and regulatory changes, above all the introduction of a single termination rate. Operating income before depreciation and amortisation (OIBDA) plummeted 34.9 percent year on year to EUR 98 million in the quarter, while the company's OIBDA margin stood at 19.6 percent, down 7.2 percentage points from the year-earlier period. The operator's capital expenditure was flat at EUR 48 million in the quarter and

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