iBest revenues reach USD27.8 million

24 Jun 2005

Brazilian free ISP and content portal iBest has posted revenues of BRL66.9 million (USD27.8 million) and net profits of BRL35.4 million for the full year 2004. iBest is a subsidiary of fixed and mobile operator Brasil Telecom, which bought the ISP for BRL50 million in 2002. At the end of March 2005 iBest claimed 197,700 customers.