Me gusto balance
BUENOS AIRES, Nov. 10, 2017 /PRNewswire/ --
Consolidated Revenues amounted to P$47,263 million (+21.8% vs. 9M16); Service Revenues reached P$41,646 million (+26.7% vs. 9M16); Fixed Voice Services and Internet Services +41.4% and +29.2% vs. 9M16, respectively; and Mobile Services in Argentina +24.5% vs. 9M16.
Mobile subscribers in Argentina: 19.0 million in 9M17.
Mobile Internet in Argentina +64.8% vs. 9M16; 48.9% of Service Revenues.
Mobile ARPU in Argentina increased to P$139.0 per month in 9M17 (+28.4% vs. 9M16).
ADSL ARPU raised to P$350.1 per month in 9M17 (+34.4% vs. 9M16); monthly churn reached 1.4% in 9M17.
Consolidated Operating costs -including D&A and disposals and impairment of PP&E- totaled P$38,306 million (+14.9% vs. 9M16).
Operating Income before Depreciation and Amortization ('EBITDA') reached P$14,246 million (+39.5% vs. 9M16), 30.1% of consolidated revenues.
Net Income amounted to P$5,695 million (+128.3% vs. 9M16). Net Income attributable to Telecom Argentina amounted to P$5,641 million (+128.3% vs. 9M16), influenced by the growth in EBITDA and better financial results.
Capex reached P$6,638 million in 9M17, equivalent to 14.0% of Consolidated Revenues.
Net Financial Position: P$503 million in cash and financial assets, an improvement of P$7,660 million vs. 9M16, mostly due to an increase in operating cash flow.