Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Tuesday, November 14, 2017

Oi records profits again after eight quarters

The company reported a profit of US$67.23 million between July and September, in contrast to the losses of US$ 390 million recorded in the third quarter last year. The total net income of the operation was US$1.825 billion, with a 4.4% drop in the year-on-year comparison. The EBITDA for the period was US$492 million, with an increase of 4.1% compared to the same period of 2016. Oi closed September with 62.9 million revenue generating units (RGUs), a drop of 7.3 % in the annual comparison. The company reported 9.46 million fixed telephony customers, 1.44 million pay TV subscribers, 5.2 million broadband accesses and 32.8 million mobile telephony customers.

Last news and analysis

América Latina · Convergence

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Convergencialatina returns on Wednesday, April 3

Puerto Rico · Fixed Broadband

28/03/2024

Puerto Rico must deploy fiber optics in more than half of the island's homes

The data came from a Fiber Broadband Association webinar that revealed the island's situation in FTTH services. There is a plan for the footprint to reach one hundred percent of homes in 2027 financed by federal funds and privately executed.

Puerto Rico · Fixed Broadband

28/03/2024

Puerto Rico must deploy fiber optics in more than half of the island's homes

The data came from a Fiber Broadband Association webinar that revealed the island's situation in FTTH services. There is a plan for the footprint to reach one hundred percent of homes in 2027 financed by federal funds and privately executed.

Uruguay · Pay TV · Internet & OTT · Operators

27/03/2024

Through agreements with Claro and Movistar, cable operators expand their Internet offer

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Paraguay · Operators

26/03/2024

Government analyzes partial privatization of Copaco

The state operator is going through a delicate moment. Its income does not cover operating expenses and it must fulfil a debt obligation of US$110 million. Furthermore, the lack of investments led to the obsolescence of its infrastructure. Oscar Stark, president of the firm, states that alternatives are being evaluated to obtain the necessary funds, including the possibility of adding private partners. And he believes that in 18 months "the situation will be resolved."

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