World VoIP NewsTelefonica Chile net profit dips almost 10 percentTelefonica Chile net profit dips almost 10 percent

Telefonica Chile net profit dips almost 10 percent


Voip, mobile network, mobile network operator, cellco
Telefonica Chile, which operates under the Movistar brand, has posted a net profit of CLP43.5 billion (USD82.9 million) in 2009, down 9.3% from the CLP48.0 billion recorded in 2008, the company said in a statement.
Telefonica Chile, which operates under the Movistar brand, has posted a net profit of CLP43.5 billion (USD82.9 million) in 2009, down 9.3% from the CLP48.0 billion recorded in 2008, the company said in a statement.

Revenues fell 5% to CLP711 billion compared to 2008, mainly as a result of a drop in the fixed mobile interconnection charges introduced in January 2009. The company saw a 4% increase in broadband revenues and a 9% increase in broadband subscribers to 774,656. Revenues from pay-TV rose 11%, with an 8.4% rise in subscribers to 285,067. Corporate communications services revenues rose 5%. Lines in service reached 2.03 million with flexible plans, or lines associated with some other service such as internet, representing 80% of the total.


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