Chile's Entel Q1 net profit falls 29 pct on accounting changes

SANTIAGO Mon May 6, 2013 4:33pm EDT

SANTIAGO May 6 (Reuters) - Chilean mobile telephone operator Entel said on Monday its first-quarter net profit dropped 29 percent compared with the same quarter last year on accounting changes that led to higher operational costs.

Net profit reached 37.233 billion pesos ($78.8 million) in the first three months of the year, Entel said.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.