Wednesday, March 7, 2007

Telecom Argentina Reaches 457,000 ADSL Users

As of December 31, 2006, Telecom Argentina had 457,000 ADSL customers, up from 226,000 a year earlier. Lines with ADSL connections accounted for more than 11% of Telecom's lines in service. The number of cellular customers rose to 9.6 million (including Argentina and Paraguay), up from 6.8 million a year earlier. Fixed lines in service rose 4% to 4.1 million.

During FY06, Telecom Argentina's consolidated net revenues increased 30% (+P$1,719 million vs. FY05) to P$7,437 million, mainly fueled by the expansion of the cellular and broadband businesses.

See also