📋 Tender Overview
Most of the companies analyzed registered substantial improvements in their operating profitability, due to higher revenues and efficient management of operating expenses.
Claro and Viettel register higher levels of operating profitability than other companies operating in various South American countries. From January to June 2024, the average operating profitability of the Peruvian telecommunications sector (measured through the average EBITDA margin) stood at 23.8%, exceeding that recorded in the same period in 2023 (21.2%), reported the Private Investment Supervisory Agency in Telecommunications (OSIPTEL). This result is significantly higher compared to the value recorded in 2018 (10.7%), the year in which the average operating profitability of the sector was at its lowest level.
According to the Financial Performance Analysis of the Telecommunications Sector report, prepared by the Regulatory Policies and Competition Directorate of OSIPTEL, this increase was associated with the improvement in the levels of operating profitability experienced by Claro and Entel, due to their higher income and control of their operating expenses. The report indicates that since 2018, the EBITDA margins of the evaluated operating companies have been continuously in positive territory.
Comparative analysis with other South American countries
If a comparison is made of the average operating profitability of the Peruvian telecommunications sector with that registered in other South American countries, it is evident that it is above that registered in Chile and close to the values registered in Argentina, indicates the report prepared by OSIPTEL.
The analysis document also highlights that the operating profitability of Peruvian operating companies (such as Claro, Entel and Viettel) is close to, and in certain cases higher than, the profitability levels observed for companies operating in countries such as Brazil, Ecuador, Colombia, and Mexico, where the average profitability is above 30%.
The Financial Performance Analysis of the Telecommunications Sector is prepared by the Directorate of Regulatory Policies and Competition (DPRC) of OSIPTEL, based on the information reported by the operating companies within the framework of the Periodic Information Requirements Standard (NRIP).
