The Mexican group America Movil, with its subsidiary Claro, registered within its cell-phone business in Ecuador a growth of 7.4%, since this year it generated $400 million between January and March, while the previous year during the same period only registered $372 million in profits.
The main source of income of Claro are mobile services, since this category generated the company $343 million until last March. Despite the fact that the sale of equipment did not represent a mayor gain than the end of the quarter, with profits of $57 million.
For its part, the Spanish telephone company, which operates under the brand Movistar, registered in Ecuador a profit of 123 million euros (more than $160 million at current Exchange) during the same period, representing a growth of 5.7%.
Movistar said that its revenue from mobile services reached 111 million euros (more than $146 million). Only data revenues, regarding the services, rose 14% for a 36 million euros profit ($ 47 million). While the sale of terminals, 11 million euros (about $15 million).