Centennial Puerto Rico quarterly mobile revenues top USD80 million

9 Jan 2008

US and Puerto Rican integrated telecoms provider Centennial Communications posted a net profit of USD925,000 in its second fiscal quarter ended 30 November 2007, reversing a loss of USD33 million a year ago, as quarterly revenues rose 6% year-on-year to USD244 million. Wireless turnover in Puerto Rico rose 4% year-on-year to USD80.8 million, and the company’s mobile users on the island reached 418,200 at end-November, up from 392,300 a year earlier. Post-paid ARPU in Puerto Rico fell USD2 to USD65 despite the percentage of data revenue rising 48% to USD6.37 of the total. Puerto Rican broadband revenues totalled USD33 million in fiscal Q2, up 4% year-on-year. ‘In Puerto Rico, good progress in growing wireless customers, sustaining a robust ARPU and renewing revenues and cash flow growth has been dampened by a soft economy and difficult competitive environment,’ Centennial’s CEO Michael J Small said. For full fiscal year 2007/08, Centennial expects consolidated adjusted operating income between USD395 million and USD405 million.

Puerto Rico, United States, Centennial Communications, Centennial de Puerto Rico (AT&T)