Claro has net revenue of R $ 9.1 billion and grows in postpaid | Telecommunications

THE Claro Participations released the financial results for the third quarter of 2019: the operator had total net revenue of R $ 9.1 billion in the period, an increase of 1.7% compared to the same period in the previous year. The number of postpaid lines jumped 17.8%, and the fixed internet customer base increased thanks to the expansion of broadband via optical fiber in more cities.

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The growth was driven by services, mainly in the mobile division, which had a 13% increase in net revenue. The fixed telephony division decreased by 2.4%, as did handset sales (-9.1%) and interconnection fees (-29.4%).

EBITDA (earnings before interest, taxes, depreciation and amortization) was R $ 3.5 billion, with a 38.3% margin. The figures of Claro Participações do not account for some companies of the Claro group, mainly the satellite pay-TV arm (Claro TV DTH).

Claro leads growth in postpaid and portability

The operator ended the quarter with 56.6 million mobile lines, of which 30.2 million are in the segment prepaid. She says that the current prepaid portfolio “is able to attract qualified customers, with the potential for future migration to postpaid”.

Meanwhile, the postpaid added 3.9 million lines in the annual comparison, growth of 17.8%. As a result, Claro’s market share in this segment was 24.5%, an increase of 1.2 percentage points.

These figures do not include the customer base of Nextel, whose acquisition was approved by Anatel and Cade. In August, the operator had a 1.53% national market share, with the majority of customers in the postpaid segment.

Claro says it keeps the leadership in portability with great margin and record in the volume of migrated lines, in addition to 4.5G coverage covering 74.1% of the Brazilian population.

Claro expands FTTH internet to 67 new cities

Despite the 2.4% decline in fixed services, Claro added new 7 thousand accesses broadband in the third quarter. According to Teleco, it ended August with 9.5 million accesses, with around 29.4% of market share.

The operator informs that 5.6 million accesses are of “Ultra broadband”, with connections over 34 Mb / s. In the high speed segment, it has a 49% market share, capturing 44% of the growth in the last 12 months.

Claro invests in the expansion of broadband with FTTH (fiber to the home) to face small operators – which together are already larger than Vivo and Oi. In the quarter, it covered 67 new cities with FTTH technology, taking optical fiber to the customers’ homes.

The strategy is to use optical fiber in incoming cities, where there is no presence of the HFC (Hybrid Fiber Coax) technology used by NET; it is a hybrid network that uses optical fiber to a node (converter) and coaxial cable from the node to the homes.

Claro also informed that the NOW platform reached 50 thousand titles and 300 million transmissions in the quarter.

With information: sure.

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