Telefónica del Sur sees 10% profit drop but broadband revenues rise

9 Mar 2005

Chilean fixed line operator Telefonica del Sur (Telsur) announced a net profit in 2004 of USD11.7 million, a drop of 9.9% over the previous year. The company attributes the lower margin to a 21.5% year-on-year increase in non-operational losses. In 2004 Telsur’s broadband revenues grew by 34.9% as it switched its focus from voice telephony to broadband and internet services.

Chile, Telefonica del Sur (Telsur)