Limun.hr - Crnogorski Telekom H1 net profit up 25%, mobile users down 7.3% y/y

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Crnogorski Telekom H1 net profit up 25%, mobile users down 7.3% y/y

1.8.2012 15:09:00 | Author/Source www.seenews.com

Montenegrin telecommunications company Crnogorski Telekom said its net profit rose 25% to 10.3 million euro ($12.7 million) in the first half of 2012.

The telco said in a statement issued on Tuesday that its revenues fell 2.5% to 54.9 million euro through June, mainly due to decreased revenues from interconnection and retail voice services. Declining revenues from these services were partially offset by higher income from ADSL, IPTV, mobile Internet and data transfer services.

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