Brasil Telecom Announces a 11.6% EBITDA Growth and an Increase of 7.2% of Net Revenue in the 3Q06, Compared to 2Q06
Posted on: Tuesday, 31 October 2006, 18:00 CST
BRASILIA, Brazil, Oct. 31 /PRNewswire-FirstCall/ -- Brasil Telecom Participacoes S.A.'s (BOVESPA: BRTP3/BRTP4) EBITDA amounted to R$907.9 million in 3Q06, 11.6% higher than 2Q06. Consolidated EBITDA margin in 3Q06 reached 34.5%. Throughout the first nine months of 2006, EBITDA reached R$2,546.8 million, with an EBITDA margin of 33.7%. This result was impacted by revenue growth and by data segment and Brasil Telecom Mobile's performance.
Brasil Telecom's net revenue amounted to R$2,628.0 million in 3Q06, an increase of 7.2% and 2.0% in comparison to 2Q06 and 3Q05, respectively. Net income reached R$64.0 million in 3Q06.
At the end of 3Q06, Brasil Telecom reached 1,252.4 thousand broadband accesses, an increase of 8.4% and 40.4% in comparison to 2Q06 and 3Q05, respectively. ADSL accesses represented 14.5% of Brasil Telecom's lines in service, the highest penetration among incumbents. The Company also registered growth in data transmission services for the corporate market. The Internet Group's Internet service providers reached, as a whole, 1 million broadband subscribers. Data communications and other services revenue totaled R$616.1 million in 3Q06, a 9.5% increase as compared to the previous quarter and a 23.6% increase in comparison to 3Q05.
Brasil Telecom Mobile completed two years of operations in September, consolidating the Company in the mobile telephony market in Region II. Brasil Telecom Mobile reached 3,051 thousand mobile accesses in service by the end of 3Q06 and achieved a 11.4% market share in its area of operations. Brasil Telecom Mobile is in third place in terms of market share in the Federal District and in the states of Acre, Rondonia, Tocantins and Goias. Gross revenues from services with mobile telephony in 3Q06 (R$ 309.9 million) exceeded 2Q06 and 3Q05 by 62.3% and 174.6%, respectively.
Operating costs and expenses in 3Q06 totaled R$2,386.3 million, compared to R$2,306.4 million in 2Q06 and R$2,492.7 million in 3Q05. Brasil Telecom's CAPEX totaled R$424.6 million in the 3Q06, of which R$315.7 million were invested in the fixed-line network and R$109.0 million in the mobile network. In comparison to 2Q06, total investments increased by 26.8% and are in accordance with the CAPEX schedule for 2006. The Company's net debt in 3Q06 amounted to R$1,509.4 million, 21.4% less than in 2Q06.
A full version of the 3Q06 release is available on Brasil Telecom's IR website: http://www.brasiltelecom.com.br/ri
Brasil Telecom Participacoes S.A.
CONTACT: Investors, Ricardo Florence, +011-55-61-3415-1140, orri@brasiltelecom.com.br, or Media, Cesar Borges, +011-55-61-3415-1378, orcesarb@brasiltelecom.com.br, both of Brasil Telecom Participacoes S.A.
Web site: http://www.brasiltelecom.com.br/
Source: PRNewswire-FirstCall
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