Chile · Delayed Price · Currency is CLP Empresa Nacional de Telecomunicaciones Earnings Call Transcripts
Fiscal Year 2025
-
Revenue grew 9.7% and EBITDA rose 5.9% in 2025, driven by mobile and fixed growth in Chile and Peru, despite intense competition and regulatory changes. CapEx will spike for fiber expansion, with margins normalizing by 2028. Investment grade ratings and strong liquidity were maintained.
-
Q3 2025 saw 11% revenue growth, strong EBITDA, and stable margins, with continued 5G leadership and customer loyalty recognition. Debt was reduced, CapEx managed prudently, and Moody's upgraded the outlook to stable. Dividend of CLP 34 billion approved.
-
Revenue and EBITDA grew year-over-year, driven by handset and fixed business, though margins declined due to fiber expansion. CapEx and refinancing plans are on track, with a focus on high-value customers and cautious fiber deployment amid intense competition and regulatory changes.
-
First quarter 2025 saw strong revenue and customer growth in both Chile and Peru, with adjusted EBITDA and margins improving after one-time restructuring costs. CapEx guidance was revised downward, and the company remains focused on margin sustainability and debt refinancing.
Fiscal Year 2024
-
Maintained leadership in Chile and solidified second place in Peru, with strong growth in postpaid and fiber segments. Revenue and EBITDA grew year-over-year, while net profit declined due to prior extraordinary items and FX impacts. CapEx and efficiency initiatives will drive future expansion.
-
The company is prioritizing mobile leadership, fiber expansion, and digital innovation in Chile and Peru, with CapEx intensity peaking through 2026 before stabilizing. Efficiency programs and partnerships like Starlink support growth, while strong financials and a robust dividend policy underpin shareholder returns.
-
Q2 2024 saw strong revenue and EBITDA growth, led by Peru and robust mobile and fiber expansion. Cost-saving initiatives and tariff hikes are expected to further boost margins, while CapEx remains focused on fiber. Net debt/EBITDA is healthy at 2.57.