Tag Archives: Argentina

Telecom Italia Q3 results up on South America growth

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Telecom Italia reported revenues for the third quarter of EUR 7.52 billion, up 12.6 percent from a year earlier thanks to its expansion in South America. Growth was driven by Brazil and Argentina, which grew revenues 18.9 and 26.7 percent respectively, while the Italian operations saw the decline in revenues slow to 3.8 percent. EBITDA improved 16.6 percent to EUR 3.20 billion, and net profit grew 32.7 percent from a year earlier to EUR 807 million. In the first nine months of 2011, the company increased capex to EUR 3.19 billion from EUR 2.94 billion a year ago, while operating free cash flow surged to EUR 4.52 billion from EUR 1.07 billion, thanks to the consolidation of the Argentina activities. Net debt was down by EUR 1.2 billion from June, to a total 33.0 billion at the end of September. Telecom Italia maintained its full-year outlook for stable organic revenue and EBITDA, capex of around EUR 4.8 billion excluding the EUR 1.2 billion spent on LTE licences in Italy, and adjusted net debt of around EUR 30.7 billion at year-end.

 

In Italy, total revenues fell 4.0 percent to EUR 4.74 billion. Mobile service revenues fell 7.5 percent to EUR 1.73 billion, and fixed-line revenues were down 3.2 percent to EUR 3.35 billion. EBITDA improved 6.8 percent from a year ago to EUR 2.45 billion, thanks to cost reductions. The operator lost 28,000 retail broadband lines in the quarter, for a total 7.141 million at the end of September, and the number of fixed lines dropped by 135,000 to 14.827 million. IPTV subscribers fell by 32,000 in the three months to 296,000, and VoIP subscribers were down by 90,000 to 1.65 million. The operator did better in the mobile market, where TIM gained a net 419,000 new customers in Q3, to finish September with a total 31.679 million. Mobile voice traffic was up 4.1 percent from a year ago, and the number of handsets sold jumped 63.7 percent to 1.03 million. ARPU fell to EUR 17.5 from EUR 19.6 a year ago and EUR 18.0 in Q2, hurt by cuts to termination rates and price pressure.

Telcordia Wins Mobile Number Portability Contract in Argentina

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Telcordia has confirmed that it has been selected to manage mobile number portability (MNP) in Argentina.

The award was announced by the Ministerio de Planificacion Federal, Secretaria de Communicationes (SeCom) on behalf of the Comite de Portabilidad Numerica, a consortium of all mobile operators in Argentina.

Along with implementing MNP, Telcordia will provide training and managed services over the five year term. Along with its partner Telmark, Telcordia has established the joint venture company Administradora de la Portabilidad Argentina S.A. as part of the agreement.

With Argentina, Telcordia will now support more than 175 million mobile and fixed line subscribers across Latin America, including Chile and Mexico.

“We look forward to bringing our Latin American and worldwide number portability experience to Argentina as we work closely with the country’s service providers to install and manage a number portability system that will give consumers more choice and creates a more competitive marketplace,” said Richard Jacowleff, President, Interconnection Solutions, Telcordia. “With the most number portability implementations worldwide, Telcordia continues to demonstrate that it can offer a reliable and robust number portability solution that meets a broad range of needs.”

Google launches AdSense for mobile in Latin America

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Google has launched AdSense for mobile content in fifteen countries. The fifteen countries include Argentina, Brazil, Chile, Colombia, Czech Republic, Hong Kong, Indonesia, Malaysia, Mexico, New Zealand, Nigeria, Philippines, Slovenia, Thailand, and Turkey.

AdSense for mobile content allows publishers to generate earnings from their mobile webpages using targeted Google ads. Like AdSense for content, Google matches ads to the content of the mobile site. For mobile websites, AdSense will automatically detect the type of phone viewing the site and deliver ads to match.

Telecom Italia has no plans to expand presence in Latin America

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Telecom Italia does not plan to enter new markets in Latin America, but rather focuses on expanding its businesses in Brazil and Argentina, Dow Jones reports, citing Telecom Italia chief executive Franco Bernabe.

“Our presence in Brazil and Argentina, which are large markets, require a lot of investment in infrastructure and that means we have a lot on our hands to think about geographic expansion,” Bernabe said at a press conference. Telecom Italia has subsidiaries in Brazil (TIM Brazil), as well as Argentina and Paraguay, through its stake in Telecom Argentina. TIM will invest in fixed-line infrastructure in Brazil through its fibre optic unit Intelig to support the growth of its mobile business, Bernabe said.

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Telecom Argentina Q1 Profits and Revenues Rise

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­Telecom Argentina has announced that its first-quarter net income jumped by  53% to US$153.5 million due to a higher OPBDA and lower  financial charges.

Revenues also rose, by 27% US$1 billion, mainly fueled by  the Mobile and Broadband businesses. Moreover, operating profit increased by 28%  to P$980 million.

The mobile subscriber base increased by 2 million over the year, to reach  18.8 million as of the end of March 2011, of which 16.9 million are with  Personal Argentina, and the remainder with its Uruguay subsidiary.

The overall subscriber base mix continued with 70% of prepaid and 30%  postpaid.

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Telefonica Argentina rebrands as Movistar

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Telefónica has expanded its Movistar rebranding process to Argentina. Telefonica’s fixed and mobile services and products in Argentina will be marketed under the Movistar brand name. The rebranding process is scheduled for completion in Argentina in 2012, El Cronista reports, citing Ramon Ponce Gil, corporate communications director at Telefónica de Argentina S.A.

Telefonica has already adopted the Movistar institutional brand identity in Uruguay, Peru and Venezuela, and will progressively introduce it across all its operations in Europe and Latin America.

Movistar currently serves around 16 million mobile customers, 1.5 million Speedy internet subscribers, and 5 million fixed telephony users in Argentina.

See the Telefónica de Argentina S.A. record in Latin Target.

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Telecom Argentina net profit up 30% for FY2010

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 Telecom Argentina reported revenues of ARS 14.67 billion in 2010, up 20 percent year-on-year. Net income for the period reached ARS 1.82 billion, up by 30 percent versus 2009. Mobile revenues rose 24 percent to ARS 10.03 billion, while fixed-line revenues increased 12 percent to ARS 4.6 billion.

The operator’s mobile unit Personal gained 1.85 million new customers in the year, for a total of 16.3 million at the end of December. Of the total 70 percent are prepaid and 30 percent are postpaid.

Nucleo, the company’s mobile unit in Paraguay, had 1.87 million customers at the end of the period, up 4 percent from a year earlier. The fixed division increased the number of lines in service by 1 percent from a year earlier to 4.10 million, and the number of ADSL customers rose 14 percent year-on-year to 1.38 million users at end-December. ARPU for fixed customers climbed 5 percent in 2010 to ARS 43.

See the Telecom Argentina and Nucleo Paraguay records in Latin Target.

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