It is compared to the last quarter of 2019. According to the balance for the January-March period, Personal has more than 18.8 million clients, of which 41% correspond to the postpaid modality.
Pay TV accesses also fell: the operator reached 3.5 million, 22,000 less than in the previous quarter. And broadband accesses stood at 4.1 million, about 49,000 less than at the end of 2019.
EBITDA for the first quarter of the year was US$324 million, an increase of 2.5% year-on-year. And net profit reached US$38.9 million, a rise of 39.2% compared to the same period in 2019, which the company explains due to a reduction in operating costs and exchange differences.
Investments amounted to US$147 million, equivalent to 15.9% of consolidated sales, which totaled US$924 million. This reduction responds to the objective of "strengthening the financial soundness of the company in the face of the situation" of the pandemic.
Finally, Net Financial Debt reached US$1.976 billion, an increase of 26.3% year-on-year in real terms. The company is analyzing "alternatives to refinance its debt maturities during 2021", as reported.
All results are restated for annual inflation as of March 2020, of 48.3%.