As a result of the cessation of commercial activities due to the pandemic, the greatest losses occurred in Honduras, Colombia and Bolivia. ARPU fell 12.9% to US$ 6.4. The company's revenues in the region decreased 6.9% to US$ 1.4 billion, after a decrease in service revenues of 6.4%.

Millicom reached 37.8 million mobile subscribers in Latin America at the end of June, after losing 1.7 million in the second quarter, particularly in Bolivia, Colombia and Honduras. The impact of the health emergency was also seen in the mobile ARPU, which decreased 12.9% year-on-year to US$ 6.4, also impacted by the weakness of the Colombian and Paraguayan currencies against the dollar.

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Argentina · Regulation · Economy18/09/2020

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Regional · Software and Applications15/09/2020

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Argentina · Regulation · Economy09/09/2020

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List all analysis

Millicom lost 1.7 million mobile subscribers in Latin America between April and June

As a result of the cessation of commercial activities due to the pandemic, the greatest losses occurred in Honduras, Colombia and Bolivia. ARPU fell 12.9% to US$ 6.4. The company's revenues in the region decreased 6.9% to US$ 1.4 billion, after a decrease in service revenues of 6.4%.

MORE ANALYSIS

Knowledge Economy Law remains on hold in the Senate

The project that proposes to modify aspects of Law 27.506 - establishing the Regime for the Promotion of the Knowledge Economy- is on hold in the Senate of the Nation pending its treatment and approval.

Argentine government launches the National Connectivity Program

Argentine NEA and NOA provinces agree to a strategic alliance to develop the Capricorn Network

The announcement is an important political step to the public-private project by the governors of the provinces through which the network passes. It also occurs at a time of intense activity by the State in relation to connectivity.

Geolocation tracking technologies and their persistence beyond Covid-19

Teleworking to have a troubled future

Beyond the fact that the discussion on regulation did nothing more than reissue classic and basic disputes between businessmen and unions, questions are being raised for the IT sector due to the limits on hiring and the lack of tools to stop the flight of talent abroad.

A DIARIO LATINO 20-09-2020

Knowledge Economy Law remains on hold in the Senate

Argentine government launches the National Connectivity Program

Attorney General's Office: the creation of the UPAD violated the right to privacy

Claro's CEO defends Oi's purchase offer together with TIM and Vivo

Rakuten and Telefónica to cooperate in developing OpenRAN