Centennial’s Puerto Rican operations show good growth

31 Mar 2008

US and Caribbean mobile and broadband operator Centennial Communications has released results of its third fiscal quarter ended 29 February 2008, which show a consolidated net profit of USD5.4 million, reports BNamericas. Turnover from broadband operations in Puerto Rico rose 10% year-on-year to USD33.9 million, whilst wireless services on the island generated USD82.7 million, also up 10%. Puerto Rican wireless monthly ARPU was USD65, down from USD66 a year earlier largely due to a fall in airtime revenue, partially offset by rising data ARPU. Total subscribers in Puerto Rico increased by 6% in twelve months to 423,000 at the end of February 2008. Broadband CAPEX came to USD3.8 million in the quarter, and wireless investments reached USD10.3 million. Last year Centennial sold its Dominican Republic operations to Trilogy International.

Puerto Rico, Centennial de Puerto Rico (AT&T)