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General

Telefonica Peru sales fall 11% in Q2 as customers dip below 20 mln

Thursday 27 July 2017 | 11:04 CET | News
Telefonica's Peruvian unit (Telefonica del Peru) reported a year on year organic revenue fall of 10.6 percent to EUR 578 million in the second quarter, affected by high competitive pressure, above all in its mobile business. Operating income before depreciation and amortisation (OIBDA) plunged 34.3 percent year on year to EUR 137 million in the quarter, while the company's OIBDA margin stood at 23.8 percent, down 8.6 percentage points from the year-earlier period. Telefonica del Peru's total customer base at the end of June was 19.93 million, down 7.9 percent year on year, having fallen below

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