Brasil Telecom Announces Gross Revenue of R$3.9 Billion and EBITDA of R$952.0 Million in 1Q07
26 April 2007 - 9:37AM
PR Newswire (US)
BRASILIA, Brazil, April 25 /PRNewswire-FirstCall/ -- Brasil Telecom
Participacoes S.A.'s (BOVESPA: BRTP3/BRTP4; NYSE: BRP) EBITDA
amounted to R$952.0 million in 1Q07, 0.5% and 15.4% higher than
4Q06 and 1Q06, respectively. Consolidated EBITDA margin in 1Q07
reached 35.4%. Consolidated net revenue amounted to R$2,690.9
million in 1Q07, a 8.6% increase compared to 1Q06, and net income
totaled R$169.9 million in 1Q07. In only 30 months of operations,
EBITDA for mobile telephony was positive and reached R$4.4 million
in 1Q07, corresponding to an EBITDA margin of 1.1% and reaching the
goal set by the Company. During 1Q07, Brasil Telecom added 65.8
thousand ADSL accesses to its plant, amounting to 1,383.5 thousand
accesses, an increase of 5.0% and 27.6% compared to 4Q06 and 1Q06,
respectively. By the end of 1Q07, ADSL accesses represented 16.7%
of Brasil Telecom's lines in service, compared to 15.7% in 4Q06 and
11.4% in 1Q06. The Company also registered growth in data
transmission services for the corporate market. Internet Group,
Brasil Telecom's Internet division, reached 1,160 thousand
broadband clients in 1Q07, representing an 8.1% increase compared
to 1,073 thousand clients in the previous quarter and 46.2%
compared to the 793 thousand clients in the same quarter of the
previous year. In 1Q07, Brasil Telecom's gross revenue from data
communications totaled R$660.1 million, a 1.6% increase compared to
the previous quarter and 22.6% compared to 1Q06. ADSL revenues
amounted to R$296.0 million, representing 44.8% of total data
communications revenues. BrT Mobile reached 3,638.1 thousand mobile
accesses in 1Q07, corresponding to net additions of 261.3 thousand
accesses in the quarter. BrT Mobile's market share in Region II
reached 12.9% by the end of 1Q07. Consolidated gross revenue from
mobile telephony totaled R$412.5 million in 1Q07, an increase of
81.3% compared to 1Q06. Operating costs and expenses in 1Q07
totaled R$2,389.0 million, a 4.9% reduction compared to 4Q06. The
ratio of operating costs and expenses (excluding depreciation and
amortization) and gross revenue was 44.6%, remaining stable
compared to the previous quarter. In 1Q07, Brasil Telecom's
investments amounted to R$152.8 million. Compared to 4Q06, total
investments decreased significantly by 68.0%, mainly due to the
mobile telephony investments, which decreased 96.0% compared to the
previous quarter. Net debt in 1Q07 amounted to R$1,143.8 million,
12.8% less than in December 2006. Brasil Telecom Contacts: Investor
Relations (55 61) 3415-1140 Media Relations (55 61) 3415-1378 The
full version of the 1Q07 release is available on Brasil Telecom's
IR website: http://www.brasiltelecom.com.br/ri DATASOURCE: Brasil
Telecom S.A. CONTACT: Investors, +011-55-61-3415-1140, ; Media,
+011-55-61-3415-1378, Web site: http://www.brasiltelecom.com.br/
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