Cabo Verde Telecom revenue recovers in 2019 after seven years

Wednesday 4 November 2020 | 11:16 CET | News
After seven years of negative performance, Cabo Verde Telecom posted revenue growth in 2019 of 1.7 percent year-on-year to CVE 4.3 billion (EUR 38.6 million). Profits lifted 3.3 percent to CVE 187.6 million (EUR 1.7 million), according to the company's annual financial report to which Lusa had access. Despite the gaine, the operator will not pay out any dividend to its shareholders. 

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Categories: General
Companies: Cabo Verde Telecom
Countries: Cape Verde
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