Liberty Telecoms Holdings, which operates Wi-Tribe branded wireless broadband internet services in the Philippines, has reported widening losses for the first six months of this year, despite an increase in revenue. Liberty Telecom, a joint venture between San Miguel Corp (SMC), Qatar Telecoms Group and Skyphone Logistics Inc, booked a net loss of PHP762.96 million (USD18.35 million) in H1 2012, 6% higher than for the corresponding period of 2011, on turnover that increased to PHP295 million from PHP240.95 million previously.
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OVETEL Liberty Telecom Holdings’ reports widening first-half loss
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