Tuesday, August 13, 2024

Telecom sales fell by 8.3% in second quarter of 2024

The operator invoiced $856,084 million, which at the financial exchange rate is equivalent to about US$670 million. The profit was driven by the boost of inflation, which revalued the peso against the dollar. Mobile accesses grew 2.2% in the period, while fixed accesses had a slight reduction. The impact of government policies.

They stood at $856.084 billion, which represents a decrease of 8.3% in constant currency compared to the same period in 2023, as reported by Telecom in its Income Statement for the period April-June 2024. At the financial exchange rate at which companies access (of $1,280 per dollar) is equivalent to US$670 million.

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