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 Friday, March 12, 2010

Telecom Argentina reported revenues of ARS 12.26 billion in 2009, up 15 percent year-on-year. Net income for the period reached ARS 1.4 billion, up by 46 percent versus 2008. Mobile revenues rose 16 percent to ARS 8.06 billion, while fixed-line revenues increased 14 percent to ARS 4.1 billion. OIBDA improved 17 percent to ARS 3.9 billion. The operator's mobile unit Personal gained 1.9 million new customers in the year, for a total of 14.5 million at the end of December. Of the total 69 percent are prepaid and 31 percent are postpaid. Nucleo, the company's mobile unit in Paraguay, had 1.8 million customers at the end of the period, down 1 percent from a year earlier. The fixed division increased the number of lines in service by 2 percent from a year earlier to 4.36 million, and the number of ADSL customers rose 17 percent year-on-year to 1.2 million users at end-December. ARPU for fixed customers climbed 1 percent in 2009 to ARS 40.

Source: TelecomPaper