Algar Telecom Q2 revenue up 5% on growth in B2B market

Thursday 12 August 2021 | 12:20 CET | News
Brazilian regional operator Algar Telecom reported total gross revenue of BRL 786 million in Q2 2021, up 4.7 percent year-on-year. Net revenue increased 5 percent to BRL 609.9 million, of which B2B generated BRL 383.4 million (+11.3%) and B2C contributed BRL 226.5 million (-4.1%). EBITDA dropped 10.3 percent year-on-year to BRL 254.7 million, for an EBITDA margin of 41.8 percent. Net profit in the period was up 18.1 percent to BRL 48.3 million (+18.1%), while capex reached BRL 137.4 million (+44.1%).

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Companies: Algar Telecom
Countries: Brazil
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Algar Telecom Q3 revenues up 13% to over BRL 672 million

Published 10 Nov 2021 16:57 CET | Brazil
Brazilian regional operator Algar Telecom reported a net profit of BRL 94.7 million for the third quarter of 2021, up 236.5 ...

Algar Telecom to activate fibre access network in another 300 cities

Published 29 Sep 2021 15:14 CET | Brazil
Brazilian operator Algar Telecom soon plans to cover 300 new cities with its fixed broadband network based on fibre technology, ...

Algar Telecom launches Voice in the Cloud for operators and ISPs

Published 17 Sep 2021 13:51 CET | Brazil
Brazilian operator Algar Telecom is starting a fixed telephony service to meet the needs of small operators and ISPs. The Voice ...

Algar Telecom to offer Directv Go to fixed broadband customers

Published 17 Sep 2021 13:08 CET | Brazil
Brazilian operator Algar Telecom announced a strategic partnership to offer the streaming platform Directv Go inside fixed ...

Algar Telecom and Tangerino launch digital clocking on service for SMEs

Published 20 Jul 2021 14:34 CET | Brazil
Brazilian operator Algar Telecom has partnered with technology company Tangerino to launch Controle de Ponto, an electronic time ...

Brazil's Algar Telecom to issue BRL 700 million in debt

Published 14 Jul 2021 16:11 CET | Brazil
Brazilian operator Algar Telecom will issue simple debentures worth BRL 700 million, divided into two series of equal value, ...

Algar Telecom expands gigabit broadband services

Published 12 Jul 2021 16:34 CET | Brazil
Brazilian regional operator Algar Telecom launched its fibre internet offer with speeds of up to 1 Gbps in all areas covered by ...

Algar cleared to acquire Vogel Telecom

Published 29 Jun 2021 16:34 CET | Brazil
Brazil's Administrative Council for Economic Defense (Cade) authorized the takeover of Vogel Telecom by Algar Telecom. The ...

Algar Telecom launches virtual assistant at NOC

Published 28 Jun 2021 12:58 CET | Brazil
Brazilian regional operator Algar Telecom launched a virtual assistant based on IBM Watson to automate solutions and make ...