Entel doubles profit from small sales gains

6 May 2003

Chile’s second-largest telco Entel has posted a 49% rise in first quarter profits year-on-year on just a 4% rise in sales. The operator reported a profit of CLP19.5 billion for the quarter, of which CLP17 billion came from its mobile subsidiary Entel PCS, while sales rose to CLP201 billion.

Chile