Tag Archives: Telecom Argentina

Telecom Argentina Names New CEO

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Change of CEO at Telecom ArgentinaIn a statement made earlier this week, Telecom Argentina announced that its CEO, Franco Bertone, will be stepping down as the head of the South American company to take on a new role at its controlling shareholder, Telecom Italia.

Bertone had served as CEO of Telecom Argentina since early 2009, and will be replaced in Argentina by Stefano De Angelis, a fellow Italian who previously worked with TIM Brasil.

Nortel Inversora is the majority owner of Telecom Argentina, owning 54.7% of the company, which conversely, is 78% owned by Sofora Telecommunications, a company that Telecom Italia has a 58% majority stake in. Telecom Italia’s history and influence in the Argentine telecom industry should make for a smooth transition for both Bertone and De Angelis.

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Telecom Argentina net profits up by 33% in 2011

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Telecom Argentina reports 2011 revenues of ARS 18.52 billion, up 26 percent from 2010, mainly fuelled by the mobile and broadband businesses.

Net income for the period exceeded ARS 2.42 billion, up by 33 percent from 2010. Mobile revenues rose 31 percent to ARS 13.18 billion, and fixed-line revenues increased 15 percent to ARS 5.34 billion. OIBDA improved 23 percent to ARS 5.61 billion.

Nucleo, the company’s mobile unit in Paraguay, had 2.1 million customers at the end of 2011, up 14 percent from a year earlier.

The fixed division increased the number of lines in service 1 percent from a year earlier to 4.14 million, and the number of ADSL customers rose 12 percent year-on-year to 1.55 million users at end-December. ARPU climbed 7 percent year-on-year for fixed customers to ARS 45.7, while mobile ARPU grew 16 percent to ARS 51.4.

The operator’s mobile unit Personal gained 1.8 million new customers in the nine-month period, for a total of 18.1 million at the end of December.
Personal’s subsidiary in Paraguay, Nucleo, had almost 2.1 million customers at 31 December 2011, up 14 percent year-on-year. Prepaid and postpaid customers represented 83 percent and 17 percent, respectively

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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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.

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Telecom Argentina Q1 Profits and Revenues Rise

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­Telecom Argentina has seen its first quarter profits rise by 17% to P$411 million (US$105 million), while revenues were up by 15% to P$3.25 billion (US$832 million). The mobile subscriber base rose by 12% to reach 16.8 million.

As of the end of March 2010, the company’s mobile subsidiary, Personal almost reached 15 million subscribers in Argentina (+13% or 1.8 million vs. 1Q09). It is worth noting that 473 thousand subscribers were incorporated during 1Q10. Approximately 30% of the overall subscriber base is postpaid (including “Cuentas claras” plans and 3G modems) and 70% is prepaid.

Service revenues (excluding handset sales) reached P$1,875 million (+18% vs. 1Q09) with 34% corresponding to VAS revenues. Also noteworthy is SMS traffic performance, which climbed from a monthly average of 2,047 million messages in 1Q09 to 4,258 million in 1Q10 (+108% vs. 1Q09). Average Monthly Revenue per User (ARPU) increased to approximately P$41 during 1Q10.

The Paraguayan subsidiary, Nucleo’s subscriber base maintained nearly 1.8 million clients (including Internet clients). Prepaid and Postpaid customers represented 88% and 12%, respectively.

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