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Eastern Europe - GTS Central Europe FY revenue up 10% to EUR 436 mln.

Europe Intelligence Wire

| March 04, 2009 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Telecompaper Europe)

Alternative telecom operator GTS Central Europe (GTSCE) saw its 2008 revenue increase by 10.1 percent to EUR 436 million, compared to EUR 396 million in 2007. EBITDA grew by 8.5 percent to EUR 77 million, compared to EUR 71 million in 2007. The solid revenue and EBITDA performance was driven by the 19 percent increase in data communications services, boosted primarily by the international telecom services and infrastructure investments worth a total EUR 49 …

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