Companies / Brazil
Looking For Greater Service Revenue Growth
January 2007 | Company Finance AlertClaro , Brazil's No3 mobile operator is to expand its product portfolio with the introduction of mobile banking services. The operator, which has the largest prepaid subscriber base as a proportion of its total subscriber base compared to any other Brazilian operator, is looking to raise its ARPU levels. While latest figures reveal that Claro's ARPU fell by 4.2% over the year ended Q306 at BRL27, in line with some of its counterparts.
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