Telecom Argentina posts double-digit gains in Q1 [Seeking Alpha]
Telecom Argentina SA (TEO)
US:NYSE Investor Relations:
institucional.telecom.com.ar/inversores/investors.html
Company Research
Source: Seeking Alpha
Telecom Argentina posts double-digit gains in Q1Telecom Argentina (NYSE:TEO) has slid in U.S. trading,down 8.8%, after postingQ1 earnings where it increased revenues and profits by double digits.Revenues of P$30.7B grew 27.3%; Service revenues were up 26.6% to P$28.5B.Of those, Mobile services were up 17% to P$10.95B; Internet services grew 41.8% to P$7.15B; Cable TV services up 34.3% to P$6.67B; and Fixed Telephony and Data services up 26% to P$3.63B.But operating costs rose 20.1% to P$23.6B (a level that was below inflation again).Mobile subscribers in Argentina came to 19.5M; cable TV subscribers ended up at 3.5M; and broadband accesses totaled 4.1M.Mobile ARPU of Personal in Argentina rose 20.5% to P$160.8/month; Broadband ARPU rose 51.6% to P$577.6/month; and Cable TV ARPU rose 37.4% to P$636.5/month.See all stocks on the move »Now read:Whitebox Vs. Blackbox: BlackBerry Sells Avaya Settlement's Rights For $40M »
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TEO
News
- Telecom Argentina S.A. (NYSE: TEO) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Telecom Argentina S.A. (NYSE: TEO) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
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- Nasadenie aplikácií Net5.5G zaznamenáva výrazné pokroky a inšpiruje operátorov k novému rastuPR Web
- Znaczne postepy we wdrazaniu aplikacji Net5.5G inspiruja operatorów do dalszego rozwojuPR Web
TEO
Sec Filings
- 4/25/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/21/24 - Form 6-K
- TEO's page on the SEC website