TdP posts net profit of USD12 million in Q2

29 Jul 2008

BNamericas writes that Peru’s incumbent fixed line carrier Telefonica del Peru (TdP) has posted a net profit of PEN33.8 million (USD12 million) in the second quarter of 2008, down 46.5% compared to the same period of 2007. TdP saw operating revenues of PEN906 million, down 9.4% year-on-year. Revenues from local fixed line telephony services totalled PEN350 million, down 10.4% from 2Q07, while public and rural telephony services generated revenues of PEN115 million, a 31.8% drop. TdP ended the quarter with 2.37 million fixed line customers and 626,039 broadband subscribers.

Peru, Telefonica del Peru (TdP, Movistar)