Wednesday, December 5, 2012

Algar Telecom reports solid Q3 revenue, profit; launches 100Mbps fibre service

Brazilian alternative operator Algar Telecom (formerly CTBC) has reported solid financial results for the three months ended 30 September 2012, with revenues climbing 5% year-on-year to BRL446.4 million (USD210.9 million), EBITDA up 15.8% at BRL116.5 million and net income increasing a more modest 1% to BRL39.3 million.


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OVETEL Algar Telecom reports solid Q3 revenue, profit; launches 100Mbps fibre service

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