Tuesday 26 September 2023

Claro Central America revenues up 3% on fixed line boost

Paying the bills

Latest

How much you will save at the end of the year with the Marchamo?

QCOSTARICA -- The reduction in the amount of the...

“Lady Gaga”, “Obama” and “Bin Laden”: names of crocodiles that attract tourists in Costa Rica

QCOSTARICA (VOA) The Tárcoles River, famous in Costa Rica...

Misleading: El Salvador President Nayib Bukele “put an end to the gangs and terrorists”?

Q24N (VOA) On the social network X (formerly Twitter)...

“Liar”, “corrupt”: Words Ticos associate with Chaves

QCOSTARICA (Crhoy) Since Rodrigo Chaves Robles took office in...

“There is a competition between left and right populism on the continent”

Q24N -- Populism, “an unwanted child of democracy,” is...

President Chaves to visit Panama amid migration crisis

QCOSTARICA -- Costa Rica's President Rodrigo Chaves is planning...

Fatphobia in Costa Rica out of control

QCOSTARICA -- In the era of social media, where...

Dollar Exchange

¢535.29 BUY

¢540.72 SELL

26 September 2023 - At The Banks - Source: BCCR

Paying the bills

Share

Image for illustrative purposes

Q24N – America Movil’s Central American units, operating under the Claro brand, reported first-quarter revenues of US$568 million, up 3.0% year-on-year thanks above all to an 8.0% rise in fixed line subscriptions, including a 16.6% surge in broadband accesses.

Mobile service revenues were up 1.2% to US$380 million, partly affected by the deceleration of mobile data revenues, above all in Guatemala.

However, fixed-line revenues climbed 6.0% to US$192 million.

- Advertisement -

EBITDA for the region came to US$195 million, up 1.9% year on year, with the EBITDA margin dipping 0.4 percentage points to 34.3%of revenues.

The operator increased its mobile customer base in Central America by 207,000 in the first quarter to reach a total of 15.29 million subscribers on 31 March, down 1.9% year on year.

Fixed-line RGUs were up 8.0% year-on-year to a regional total of 5.48 million.

Source: telecompaper

- Advertisement -
Paying the bills
Avatar photo
Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

Which company has the most postpaid mobile phone customers in Costa Rica?

Q COSTA RICA - On Wednesday, the Superintendencia de Telecomunicaciones (SUTEL)  ...

Kölbi has the fastest mobile network in Costa Rica

QCOSTARICA - Kölbi, the brand of the state-owned utility, the Instituto...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

%d bloggers like this: