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DMEUROPE-15 April 2010-'Outremer Telecom records EUR 5.9 million net loss in 2009' (C)2010 DMeurope.com (http://www.dmeurope.com) & DME Ltd. All rights reserved.
French overseas regions mobile and broadband operator Outremer Telecom recorded a net loss of EUR 5.9 million and an EBITDA down 53.2 percent to EUR 16.1 million in 2009, partly due to an increase in fixed costs such as improving the density of existing networks and upgrades to 3G. Capex rose by 4.6 percent year-on-year. A year earlier, the company had made a EUR 2.7 million net profit, and achieved an EBITDA of EUR 34.4 million, for a 19 percent margin, more than twice its 2009 EBITDA …