CTC posts net profit of USD47.9 million

27 Jan 2006

Chile’s largest fixed line telecoms operator Telefonica CTC has reported a net profit of CLP25.2 billion (USD47.9 million) for the year ended 31 December 2005. Revenues for the year dipped 2.8% to CLP597 billion, while EBITDA reached CLP284 billion. The number of fixed lines in service grew by 0.6% to 2.44 million, although domestic and international long-distance traffic dipped by 25.9% and 36.2% respectively. CTC’s ADSL customer base rose by 56.5% to 314,177.

Chile, Telefonica Moviles Chile (Movistar)