www.WirelessFederation.com/news: 35% rise in the first-quarter revenues has been announced by alternative Spanish operator Jazztel in the three-months ended March 31, 2010. 56% and 47% rise in the retail revenue from its voice and internet services respectively has also been recorded.
Total revenues of EUR136.9 million (USD180.5 million) has been posted by Jazztel for the three-month period and EBITDA leapt up by 166% compared to the same period a year earlier, EUR15.7 million.
The net losses of the company narrowed as a result of impressive performance and it posted a loss of EUR3.5 million compared with EUR16.2 million in 1Q09. ADSL retail subscriber base has also risen 680,804, up by 58% compared to its end-March 2009 figure at the end of March 2010.