Saturday 25 June 2022

Claro Central America revenues up 3% on fixed line boost

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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.

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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

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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.

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