Second Quarter 2012 Results - Entel

Second Quarter 2012 ResultsAugust 6, 2012EBITDA breakdown by Services.(in millions of Chilean Pesos)EBITDA Results 2Q12 2Q11 % Chg. 1Q12 6M12 6M11 % Chg.Total 138.447 133.134 4% 140.559 279.006 265.974 5%Mobile Services 104.974 101.320 0% 112.770 215.010 202.713 6%Fixed Services 30.420 29.096 -11% 28.352 58.772 57.131 3%Others(*) 3.053 2.719 12% -564 5.224 6.130 -15%(*) Others: Call Center, Americatel Perú & Others.Individual Consolidated Results Americatel Perú.(in thousands of Peruvian Soles and in million of Chilean Pesos)2Q12 2Q11 % Var. 6M12 6M11 % Var. 2Q12 2Q11 % Var. 6M12 6M11 % Var.Americatel Perú (SOL$) (SOL$) (SOL$) (SOL$) (Ch$) (Ch$) (Ch$) (Ch$)Total Revenues 29.212 28.410 3% 87.964 85.454 3% 5.393 5.245 3% 16.239 15.775 3%Cost of Operations 27.818 28.751 -3% 81.956 85.468 -4% 5.135 5.308 -3% 15.129 15.778 -4%Depreciation andAmortization and Impairment 3.116 2.981 5% 9.272 8.388 11% 575 550 5% 1.712 1.548 11%Salaries & Expenses 5.121 4.667 10% 15.601 13.593 15% 945 862 10% 2.880 2.509 15%EBITDA 4.509 2.640 71% 15.280 8.374 82% 832 487 71% 2.821 1.546 82%EBITDA Margin 15% 9% 17% 10% 15% 9% 17% 10%Operating Income 1.394 -341 509% 6.008 -14 257 -63 509% 1.109 -3Operating Margin 5% -1% 7% 0% 5% -1% 7% 0%Any distortion in the figures is due to monetary exchange fluctuation17