Claro Ecuador

News Summary:

Claro Ecuador reported a 2.2 percent year-on-year rise in revenues, reaching USD 260 million in the first quarter of 2026. This growth stemmed mainly from increases in the postpay and fibre broadband segments, complemented by a 6.3 percent rise in device sales. Service revenues climbed 2.1 percent to USD 228 million, with fixed-line service revenues growing 12.9 percent. This financial update follows the telecom operator's announcement in mid-March 2026 of a USD 600 million investment plan for the next three years. The plan aims to strengthen infrastructure, expand coverage, and advance the adoption of next-generation technologies in Ecuador. América Móvil CEO Daniel Hajj confirmed the commitment after meeting with President Daniel Noboa and telecommunications minister Roberto Kury, noting it followed an agreement with Tigo (Millicom) to extend their spectrum concessions until 2038. Earlier, in the final quarter of 2025, Claro Ecuador's revenue reached USD 271 million, representing a 1.2 percent year-on-year decrease, attributed to an extraordinary increase in prepaid revenue after power outages a year prior. In the third quarter of 2025, the unit's revenue was USD 257 million, up 1.6 percent year-on-year, an improvement from the second quarter. Service revenues also rose 1.6 percent to USD 228 million, with mobile service revenues up 0.9 percent and fixed-line service revenues surging 7.2 percent, offsetting a 3.5 percent drop in handset sales.