The National Telecommunications Administration (Antel) It closed the year 2023 with a profit of 246 million dollars, according to the president of the state company, Annabela Suburú.
The leader assured that the company will have, for the third consecutive year, one of the best results in Profits of the history of Antel. With a total profit of 246 million dollars, the company would only bill 4 million less than last year where 250 million dollars were obtained in total.
Meanwhile, Suburú clarified that the 20 million dollars that the Ministry of Economy had reported them as a deficit, refers to cash flow. “Antel It has 20 million dollars less in the box, technically it is called a deficit but in reality it is not,” explained the president.
On the other hand, he stressed that Antel It is a company that remains strong, that does not stop investing and innovating. and announced that the contribution to General Revenues This year it will be 148 million dollars, a figure similar to last year. “Antel It invoices 93 million dollars per month, it is a company that is strong,” he remarked.
Last year’s profits
The National Telecommunications Administration (Antel) closed 2022 with a profit of 250 million dollars, according to the audit report of the Financial statements that the consultant carried out KPMG.
According to the document, the state telephone company obtained 10,074 million pesos of Profits during last year, about 251 million dollars. The amount of profits is slightly lower than that obtained during 2021, when the figures were 10,766 million pesos —241 million dollars at the exchange rate of December 31, 2021.
The audit also states that in 2022 Antel transferred General Revenues the sum of 4,860 million pesos —around 120 million dollars—, which was made up of 3,446 million pesos corresponding to fiscal year 2021.
Another piece of information that emerges from the balance is the number of officials that the state company had at the end of the year. In this sense, it is detailed that the average number of officials was 6,223, compared to the 6,507 that had been registered in 2021. This implied expenses for salaries, benefits and social security costs of 10,582 million pesos – 260 million dollars—for the company over the past year.
Likewise, the telephone company had net operating income for 41,176 million pesos, a figure higher than that of 2021, mainly through its main businesses: mobile telephony billing (20,123 million pesos), data services (17,070 million pesos) and landline telephony (5,676 million pesos) .
In the case of fixed telephony, there was a reduction in income compared to 2021, while mobile and data services showed an increase. Other minor items were established in the accounting balance as “Other income” and “Other services”, which between both concepts totaled 1,090 million pesos —27 million dollars.
Source: Ambito
