Claro Peru

News Summary:

On September 1, 2026, América Móvil's strong second-quarter performance and continued network investment expanded the reach, resilience, and scale available to US enterprises operating across the United States, Latin America, and the Caribbean, strengthening infrastructure for companies like Claro. Earlier, on August 26, Claro Peru activated 1,200 5G base stations across all 24 of the country's departments, extending coverage to approximately 13.5 million people nationwide. The operator noted its leadership in mobile number portability reflected the commercial impact of its network strategy. This followed Claro Peru's July 22 report that its total revenue reached PEN 1.85 billion in the second quarter of 2026, marking an 8.1% increase year-on-year driven by growth across all activities. Service revenue grew 6.5% to PEN 1.43 billion, accelerating from the previous quarter, and EBITDA climbed 7.5% to PEN 729 million, although the EBITDA margin saw a slight decrease to 39.3% due to a shift towards lower-margin handset sales. Previously, on July 14, Peru's Ministry of Transport and Communications (MTC) signed agreements with Claro Peru, Entel, Integratel (Movistar), and Bitel to connect 412 rural localities to 4G by 2027, utilizing a "coverage fee" mechanism that allows operators to allocate up to 60% of their spectrum payment to infrastructure rollout in underserved areas.