Andinatel full year profit grows 67%
Bnamericas Published: Tuesday, December 16, 2003
Ecuadorian state-run fixed line operator Andinatel expects to post a profit of US$80mn this year, compared to US$48mn in 2002, local daily El Universo quoted Andinatel chairman Luis Recalde as saying. Last year Andinatel was the only state entity to post a profit. The management of sister company Pacifictel declined to reveal this year's result, although it is known that the company registered a loss last year.
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News in: ICT (Ecuador)
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