German fixed line operator Versatel Communications has announced its results for the three months ended 30 September 2010, posting revenue of EUR182.1 million (USD250 million), an increase of 0.6% year-on-year. The slight rise was driven by a 26.9% jump in wholesale revenue during the period to EUR63.7 million, helping to offset a 15.7% drop in residential sales from EUR79.9 million in 3Q09 to EUR67.4 million a year later, which the company said was due to falling customers numbers in the segment and a declining ARPU. Versatel’s earnings before interest, tax, depreciation and amortisation (EBITDA) dropped 14% from EUR50.9 million in the third quarter of 2009 to EUR43.8 million a year later, while gross profit fell 15.3% during the same period to EUR87.8 million. Operating profit in the third quarter of 2010 totalled EUR2.9 million, a fall of 35.3% compared to EUR4.5 million in the year-ago period. Versatel said its net loss for the three months ended 30 September 2010 was EUR6.2 million, an improvement of 17.2% from a loss of EUR7.5 million in 3Q09. The company ended September 2010 with 634,100 private broadband customers, down 8.7% from 694,400 a year earlier.