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General

Telefonica Peru sales, customers down after competitive year

Thursday 23 February 2017 | 11:53 CET | News
Telefonica's Peruvian unit (Telefonica del Peru) reported fourth-quarter revenues of EUR 635 million, down 8.6 percent from the year earlier result of EUR 695 million due above all to negative currency effects and intense competition. Operating income before depreciation and amortisation (OIBDA) came to EUR 175 million in the quarter compared to EUR 253 million a year earlier, while the OIBDA margin stood at 27.5 percent, down 8.9 percentage points from Q4 2015. Telefonica del Peru's total customer base at the end of December came to 20.9 million, down 6.0 percent year on year, with mobile

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