SunCom’s Caribbean business boosts figures

6 Nov 2007

US and Caribbean mobile operator SunCom Wireless posted a net loss of USD5.1 million in the third quarter, although this shrunk by 87% compared to USD40.5 million in 3Q06, SunCom said in a statement, reported by BNamericas. Revenues for the three months to the end of September reached USD240 million compared to USD219 million in the same period a year ago. Puerto Rican and US Virgin Islands mobile units generated revenues of USD60 million, up from USD48.4 million in the year-ago quarter. The company, recently taken over by Germany’s Deutsche Telekom, ended the period with 347,432 subscribers in Puerto Rico and the US Virgin Islands, up 17.2% year-on-year, whilst Caribbean ARPU was USD54.44 in 3Q07, compared to USD54.86 in 3Q06.

Puerto Rico, United States, T-Mobile Puerto Rico