News - Telecom Argentina
BUENOS AIRES, Argentina, May 7, 2012 /PRNewswire/ -- Nortel Inversora S.A. (NYSE: NTL), whose sole substantial activity is owning 54.741682% of the stock of Telecom Argentina S.A.
Consolidated Revenues amounted to P$5,126 million (+24% vs. 1Q11); Internet +31% vs. 1Q11; Mobile business in Argentina +28% vs. 1Q11; and Data +21% vs. 1Q11. Mobile subscribers in Argentina: 18.5 million; +1.7 million (+10% vs. 1Q11).Mobile Value Added Services in Argentina (Internet and Data): +44% vs. 1Q11; 52% of Service Revenues.Mobile ARPU reached P$55 per month in 1Q12 (+16% vs. 1Q11).ADSL ARPU increased to P$96 per month in 1Q12 (+16% vs. 1Q11); monthly churn slightly increase to 1.3% in 1Q12.Operating Profit Before Depreciation and Amortization ("OPBDA") reached P$1,648 million (+15% vs. 1Q11), 32% of Net Revenues. Operating Profit amounted to P$1,033 million (+8% vs. 1Q11).Net Income amounted to P$708 million (+11% vs. 1Q11) due to an increase in OPBDA and positive financial results. Net Income attributable to Telecom Argentina amounted P$698 million (+10% vs. 1Q11). Net Cash Position: P$2,982 million, an increase of P$1,270 million vs. 1Q11 due to the strong cash generation of the Group. Capex reached P$690 million in 1Q12(49% vs. 1Q11), 13% of Consolidated Revenues.As from Fiscal Year 2012 Financial Statements are prepared under IFRS.
BUENOS AIRES, Argentina, April 27, 2012 /PRNewswire/ -- Telecom Argentina (NYSE: TEO), announces the following Webcast: What: TEO 1st Quarter 2012 Earnings Results
BUENOS AIRES, Argentina, April 30, 2012 /PRNewswire/ -- Telecom Argentina (NYSE: TEO, BASE: TECO2), ("Telecom Argentina" or the "Company"), one of the leading telecommunications
BUENOS AIRES, Argentina, April 27, 2012 /PRNewswire/ -- Telecom Argentina (NYSE: TEO, BASE: TECO2), ("Telecom Argentina" or the "Company"), one of the leading telecommunications groups in
