Priority Telecom's net loss decreases to EUR 1.1 million
Telecom solutions provider Priority Telecom booked a net loss of EUR 1.1 million in the third quarter, down from a net loss of EUR 6.8 million in the same period in 2004. Net loss for the nine month period ended 30 September was EUR 7.3 million, down from EUR 41.8 million in Q3 2004. Turnover in Q3 was EUR 29.5 million, up from EUR 24 million in Q3 2004. For the nine month period the company recorded a turnover of EUR 82.2 million, compared with EUR 70.7 million a year earlier. The increase in turnover is a