Brasil Telecom Announces Gross Revenue of R$ 4.0 Billion and EBITDA of R$ 972.7 Million in 2Q07
01 August 2007 - 8:17AM
PR Newswire (US)
BRASILIA, Brazil, July 31 /PRNewswire-FirstCall/ -- Brasil Telecom
Participacoes S.A. (BOVESPA: BRTP3/BRTP4; NYSE: BRP) registered
consolidated EBITDA of R$972.7 million in 2Q07, 2.2% and 19.6%
higher than 1Q07 and 2Q06, respectively. Consolidated EBITDA margin
in 2Q07 was 35.5%. Consolidated net revenue reached R$2,743.3
million in 2Q07, 11.9% higher than 2Q06, and the Company's net
income amounted to R$145.5 million. Mobile telephony's EBITDA was
positive, totaling R$5.2 million in 2Q07, with an EBITDA margin of
1.2%. During 2Q07, Brasil Telecom added 69.9 thousand ADSL accesses
to its plant, totaling 1,453.4 thousand accesses in service at the
end of June 2007, which represents an increase of 5.1% and 25.9% in
comparison with 1Q07 and 2Q06, respectively. The ADSL accesses
represented 17.9% of Brasil Telecom's plant in service at the end
of 2Q07, compared to 12.3% in 2Q06 and 16.7% in 1Q07. The Company
also grew in data transmission services for the corporate market.
The Internet Group, which holds Brasil Telecom's Internet services,
reached 1.3 million broadband clients in all of Brazil in 2Q07,
which represents an increase of 42.3% and 7.9% in relation to 2Q06
and 1Q07, respectively. Gross revenue from data communication and
other services amounted to R$686.0 million in 2Q07, an increase of
6.7% in comparison with the last quarter and 28.5% higher than in
the 2Q06. ADSL revenue totaled R$312.7 million in 2Q07,
representing 45.6% of the total data communication revenue share.
BrT Mobile reached 3,768.6 thousand mobile accesses in service at
the end of 2Q07, which represents a net gain of 130.5 thousand
accesses this quarter. BrT Mobile maintained its market share of
12.9% in Region II at the end of 2Q07. Mobile telephony's
non-consolidated gross revenue in 2Q07 totaled R$609.1 million, an
increase of 62.6% in relation to 2Q06. Operating costs and expenses
in 2Q07 totaled R$2,397.3 million, stable in relation to 1Q07 and
3.9% higher than the same period last year, due to an increase in
inter-connection expenses and credit provision of doubtful
accounts, which was partly compensated by a reduction in
controllable expenses, such as: personnel, material, subcontracted
services, and advertising and marketing. The relation between
operating costs and expenses (excluding depreciation and
amortization) and gross revenue was 44.6%, 0.6 p.p. below the 45.2%
of the same period last year. In 2Q07, Brasil Telecom's investments
totaled R$302.6 million. Net debt at the end of 2Q07 was R$1,260.0
million, 34.4% less than what was registered in June 2006. Brasil
Telecom Contacts: Favia Menezes Investor Relations (55 61)
3415-1140 Media Relations Cesar Borges (55 61) 3415-1378 The full
version of the 2Q07 release is available at Brasil Telecom's IR
website: http://www.brasiltelecom.com.br/ir DATASOURCE: Brasil
Telecom S.A. CONTACT: Favia Menezes, Investor Relations,
+011-5561-3415-1140, , or Cesar Borges, Media Relations,
+011-55-61-3415- 1378, , both of Brasil Telecom Web site:
http://www.brasiltelecom.com.br/
Copyright