Telecom Argentina said it has lowered its investment by 34 percent to almost P$34.4 billion in the second quarter of 2020.
Network related Capex includes installation, installations and customer premise equipment or CPE. The balance was located in network and technology and to international operations both in Paraguay and Uruguay.
Telecom Argentina added more than 39 more sites during the second quarter of 2020. It has also increased the capacity of HFC network mainly through segmentation of areas focusing particularly in the AMBA region.
Miguel Angel Fernandez is the chief technology officer (CTO) of Telecom Argentina.
It completed the first phase of cloud foundation initiative by uploading business applications to Amazon public cloud.
Telecom Argentina said its mobile subscriber base in Argentina and Paraguay reached 21 million as of June 30, 2020.
Mobile services revenues of Telecom Argentina reached P$49.433 million in the first half of 2020 (+P$3,717 million vs. 1H19). The strategy of Telecom Argentina was to achieve higher mobile portability through convergent offers and promoting the use of mobile internet.
Revenues of Telecom Argentina amounted to P$131,158 million in 1H20.
Roberto Nobile is the chief executive officer and Gabriel Blasi is the chief financial officer of Telecom Argentina.
Personal lost 35,000 mobile phone customers in the second quarter to reach a subscriber base of more than 18.8 million subscribers in Argentina as of June 30, 2020 as compared with the first quarter of 2020.
Post-paid phone customers represented 41 percent of the subscriber base.
Personal’s mobile service revenues rose 8.2 percent to P$43.116 billion in H1 2020. Mobile internet revenues were 78 percent of mobile service revenues vs. 78 percent in 1H19. The monthly revenue per user rose 6.9 percent to P$375.5 during 1H20. Mobile churn was 2.2 percent vs. 2.3 percent in 1H19.
Nucleo had 2.2 million mobile phone subscribers in Paraguay with 83 percent pre-paid and 17 percent post-paid customers.
Nucleo’s service revenues rose 7.6 percent to P$6,317 million during 1H20. Internet revenues represented 50 percent of 1H20 service revenues (vs. 49 percent in 1H19).
Cable TV service revenues fell by P$2,218 million to P$26.357 billion in 1H20. It added 21,000 Cable TV subscribers to almost 3.5 million. Cable TV ARPU reached P$1,255.3 during 1H20.
Revenues generated by fixed telephony and data reached P$20,093 million in 1H20 (-P$972 million vs. 1H19). ARBU of fixed telephony rose 6.5 percent to P$519.4.
Internet services revenues fell by P$2,231 million to P$28,392 million during 1H20. Its broadband connections grew by 21,000 to almost 4.1 million. Broadband ARPU was P$1,160.9 per month. The monthly churn rate was 1.3 percent. 55 percent of the customer base had a broadband service of 50Mb or higher.