Global Voice Q3 revenues up as company bookings strong

Monday 17 November 2008 | 16:36 CET | News
Networking services provider Global Voice Group (GVG) reported third-quarter revenues soared 56 percent to EUR 6.33 million, against EUR 4.1 million the year earlier. The net loss narrowed by 35 percent to EUR 3.8 million from last year's EUR 5.9 million. EBITDA, excluding the non-cash cost of share options, went to a profit of EUR 156,000 during the quarter from a loss of EUR 2.4 million on a like-for-like basis. Recurring revenues rose 8 percent in the quarter compared to the previous quarter. The Frankfurt-based company, which trades as EuNetworks in Europe, signed on 15 new clients and

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?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Countries: Western Europe
::: add a comment

Add 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.