Centennial Puerto Rico sales down

10 Aug 2007

Full-service telco Centennial Puerto Rico’s revenues for the twelve months ended May 2007 dropped 1.9% to USD413 million from USD421 million the previous fiscal year. Mobile revenues in fiscal 2006/07 dropped 3.9% year-on-year to USD302 million, although broadband turnover increased 5.1% to USD123 million. At the end of May 2007 the Puerto Rican unit had a total of 406,500 mobile subscribers, up 5.9% compared to 383,500 a year earlier, with 99% of users on post-paid contracts. The US-owned company is currently rolling out CDMA2000 1xEV-DO Rev A technology and reported that it has completed the overlay over around a third of its network. In the March-May period the unit’s post-paid wireless ARPU fell to USD65 from USD67 in the previous three months, largely due to a drop in ‘equipment and miscellaneous’ revenue, but partially offset by an increase in data revenue. Data ARPU was USD5.88, a 77% increase from the same period last year. Centennial plans to increase its SME customer base through the deployment of WiMAX services, following the acquisition of wireless ISP Islanet in May.

Puerto Rico, Centennial de Puerto Rico (AT&T)