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General

Algar Telecom reports 7.6% growth in Q2 revenue

Thursday 15 August 2013 | 15:52 CET | News
Algar Telecom (CTBC) reported 7.6 percent growth in second-quarter net revenue to BRL 483.4 million. Gross revenues totaled BRL 627.3 million, an increase of 8.6 percent compared to Q2 2012. From telecommunications services, the company earned revenues of BRL 483.2 million, an increase of 11.8 percent. Fixed services grew by 12.3 percent to BRL 399.3 million, led by growth in pay-TV (38.7%) and fixed broadband (20.4%). The mobile business earned revenues of BRL 83.9 million, up 9.9 percent. The company ended the quarter with 2.537 million revenue-generating units, a 16.8 percent increase over

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Categories: General
Companies: Algar Telecom / CTBC
Countries: Brazil
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