Telefonica del Peru reports full year losses

18 Feb 2008

Peru’s incumbent fixed line carrier Telefonica del Peru (TdP) has posted a net loss of PEN91.31 million (USD32.06 million) in 2007 compared to a PEN178 million profit in 2006. Revenues slipped 1.7% to PEN4.42 billion, although performances were mixed across its operations: local telephony, public telephones and business communications saw sales fall 6.4%, 25% and 7% respectively, while internet, pay-tv and long-distance operations recorded increases of 23.2%, 23.9% and 17.4% respectively.

Peru,Movistar Peru,

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