Thursday, November 07, 2024
Mobile Broadband | | América Latina | Operators
Telefónica Hispam loses revenue despite improvement in its operating results
During the third quarter of 2024, the fixed segment reached 5.1 million FTTH accesses, with a year-on-year growth of 17% with highlights in Argentina (+18.3%), Colombia (+26%) and Peru (+42.7%). However, its revenues fell by 6.2% year-on-year due to increased competition and the devaluation of local currencies, in addition to lower equipment sales.