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General

Telefonica Venezuela, CentAm customers up 5% to 24.4 mln

Friday 26 February 2016 | 12:18 CET | News
Telefonica announced that its Venezuelan and Central American operations recorded a 5.1 percent year-on-year rise in accesses to 24.4 million at the end of 2015. Accesses in Venezuela dipped by 1 percent annually to 11.8 million but grew by 11 percent in the rest of Central America to reach 12.7 million. Regional revenues were up 29.7 percent at constant currency rates to EUR 414 million in the October-December period, although Venezuelan revenues were affected by the company's decision to adopt the so-called Simadi exchange rate, set at VEF 199 per USD, starting 30 September. Overall

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Categories: General
Companies: Telefonica
Countries: Central America / Venezuela
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