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General

VTR revenues up 5% in Q4, adds 90,000 internet subs

Friday 16 February 2018 | 10:13 CET | News
Chilean cable operator VTR, part of Liberty Global's newly split-off Liberty Latin America unit, reported revenues of CLP 159 billion in the fourth quarter, up 5 percent year on year thanks to over 90,000 broadband customer additions in 2017, its best result in a decade. The company also installed or upgraded some 196,000 homes in 2017, around 50 percent more than in 2016, while rolling out 470,000 Wi-Fi Connect Boxes to its customers and increasing its top broadband speed to 300Mbps. Operating income decreased 2 percent year on year to CLP 35.7 billion in Q4 but was up 21 percent to CLP 150

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Categories: General
Companies: Liberty Global / VTR
Countries: Chile
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