Brasil Telecom Announces Gross Revenue of R$ 4.0 billion and EBITDA of R$ 970.1 Million in 3Q07
October 23 2007 - 5:58PM
PR Newswire (US)
BRASILIA, Brazil, Oct. 23 /PRNewswire-FirstCall/ -- Brasil Telecom
Participacoes S.A. (BOVESPA: BRTP3/BRTP4; NYSE: BRP) registered
consolidated EBITDA of R$970.1 million in 3Q07, 6.8% higher than in
3Q06. Consolidated EBITDA margin stood at 35.3%. Consolidated net
revenue reached R$2,748.3 million, 4.6% higher than in 3Q06, and
net income amounted to R$150.3 million, 134.7% up on 3Q06. Mobile
telephony EBITDA totaled R$34.0 million in 3Q07, an increase of
R$54.3 million over the same period the previous year, while the
EBITDA margin came to 7.6%, 13.3 p.p. higher than in 3Q06. During
3Q07, Brasil Telecom added 69,800 ADSL users to its network,
totaling 1,523,200 users in service at the end of September 2007,
up by 21.6% on 3Q06. ADSL users represented 18.9% of Brasil
Telecom's network in service in 3Q07, versus 14.5% in 3Q06. The
continuous growth of ADSL services was maintained during 3Q07
thanks to the widening of the portfolio of Turbo services, with the
launch of new speeds -- 2Mega, 4Mega, and 8Mega -- using ADSL 2+
technology, and to the partnership with Sky. Brasil Telecom was the
first telephone company in Brazil to offer the IPTV service.
Launched at the end of September 2007, the product was dubbed
Videon. The Internet Group, which holds Brasil Telecom's Internet
services, recorded 1.3 million broadband clients nationwide in
3Q07, up by 34.4% on 3Q06, maintaining its leadership in Region II.
Gross revenue from data communication and other services amounted
to R$704.9 million, 20.3% higher than in 3Q06. This was chiefly due
to the growth in the ADSL client base. BrT Mobile reached 4,023,800
mobile users in service at the end of 3Q07, with 255,300 net
additions in this quarter. At the end of 3Q07, BrT Mobile's client
base was 31.9% higher than in 3Q06 and its market share in Region
II came to 13.3%, 1.9 p.p. higher than 3Q06. The mobile telephony's
total consolidated gross revenue totaled R$539.6 million, R$478.8
million of which from services and R$60.8 million from the sales of
handsets and accessories. Operating costs and expenses totaled
R$2,386.3 million, stable in relation to the R$2.386.3 million
recorded in 3Q06. The ratio between losses with accounts receivable
and gross revenue was 1.4%, totaling R$56.0 million, 1.0 p.p. below
the 2.4% posted in 3Q06. The reduction in losses was due to more
efficient billing. In 3Q07, Brasil Telecom's investments totaled
R$334.6 million while net debt stood at R$763.5 million, 49.4% less
than in September 2006. Brasil Telecom Contacts: Investor Relations
(55 61) 3415-1140 Media Relations (55 61) 3415-1378 The full
version of the 3Q07 earnings release is available on Brasil
Telecom's IR website: http://www.brasiltelecom.com.br/ir
DATASOURCE: Brasil Telecom S.A. CONTACT: Brazil Telecom, Investors,
+011-5561-3415-1140, , media, 5561-3415-1378, Web site:
http://www.brasiltelecom.com.br/
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