Telebras losses widen in Q3 as revenue more than doubles

Thursday 22 November 2018 | 17:47 CET | News
Brazilian operator Telebras reported a net loss of BRL 104.1 million in the third quarter of 2018, nearly doubling the loss of BRL 54.8 million in Q3 2017. Net revenue increased 134.0 percent year-on-year and by 33.4 percent quarter-on-quarter to BRL 38.84 million. 

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
Companies: Telebras
Countries: Brazil
::: 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.


Telebras sees BRL 3.25 million profit in Q4

Published 18 Mar 2019 10:42 CET | Brazil
Brazilian state-owned telecom services provider Telebras announced a net profit of BRL 3.25 million in the fourth quarter of ...

Telebras gets new president

Published 28 Jan 2019 12:07 CET | Brazil
The new president of Brazilian state-owned telecom provider Telebras, Colonel Waldemar Goncalves Ortunho Junior, has started work ...

Brazil to resume Internet for All program in coming weeks

Published 05 Nov 2018 10:44 CET | Brazil
The program will not offer a free connection to local residents. The population will be served with internet packages per hour ...

Brazilian telecom minister against privatisation of Telebras

Published 02 Nov 2018 16:35 CET | Brazil
Brazil's Minister of Science, Technology, Innovation and Communications, Gilberto Kassab, has come out against the privatization ...

Telebras gets court clearance for internet contract with Viasat

Published 02 Nov 2018 12:14 CET | Brazil
Brazil's Court of Auditors of the Union (TCU) has reached a unanimous decision, clearing Telebras to execute the broadband ...

Telebras agrees asset swap with EllaLink

Published 17 Sep 2018 13:08 CET | Brazil
Brazilian telecom infrastructure provider Telebras announced an agreement to exchange its equity interest in the companies ...

Telebras sees 77% growth in Q2 revenue to BRL 29 million

Published 15 Aug 2018 11:19 CET | Brazil
Brazilian state-owned telecom services provider Telebras ended the second quarter of 2018 with net revenue of BRL 29.12 million, ...