Monday, February 9, 2009

Brasil Telecom Reaches 5.6 Million Mobile Users

Brasil Telecom reported consolidated gross revenue of R$17,007.1 million for 2008, up by 6.3% year-on-year. Consolidated net income came to R$782.2 million, 16.2% up on 2007 and equivalent to R$ 2.1579 per share.

At the end of 2008, Brasil Telecom's mobile telephony client base reached 5.6 million users in service, a growth of 31.5% in comparison with 2007. Broadband users totaled 1.8 million in the 4Q08, 15.2% up on the previous year.

In 2008, the number of lines in service (LIS) totaled 8.1 million, a growth of 1.2% in comparison with 2007.

Consolidated investments came to R$1,097.6 million in the quarter, 80.3% up on the previous year. Of this total, R$709.3 million went