Telsur boosts profit

1 Nov 2005

Chilean telco Telefónica del Sur (Telsur) posted a net profit of CLP5.7 billion (USD10.4 million) for the first nine months of 2005, up 11.1% on the CLP5.1 billion reported in the same period of 2004. The company achieved positive growth in the internet and corporate services sectors, which helped counterbalance a drop in revenues from local telephony and long-distance services. Telsur finished September with 193,220 fixed line telephony customers (33,574 of them pre-paid users) and 34,761 ADSL subscribers.

Chile, Telefonica del Sur (Telsur)