GTS Energis generates a 34 per cent EBITDA growth
Warsaw, March 13, 2007
GTS Energis' Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) increased to PLN 71 million in 2006.
In comparison with the past year, GTS Energis, the alternative telecom operator which provides services for business clients, generated a 34 per cent growth of the EBITDA index in 2006, while its 2005 result amounted to PLN 53 million.
The operator’s consolidated income in 2006 amounted to PLN 385 million. In comparison with the past year's results, it means an increase by PLN 18 million, i.e. 5 per cent.
"In 2006, we generated the best result in the history of our company. It was possible owing to consistent carrying out of sales plans as well as completion of cost synergies created following the operational merger of companies", said Jaromir Lacinski, chairman of GTS Energis' management board.
The company states that despite the more difficult situation on the telecom market, in 2007 it will generate results similar to those of the past year. Achievement of the plan is to be helped by the company's entering the individual clients' market with the services of cheap broadband internet access by the name of Multimo (www.multimo.pl) as well as cheap telephone subscription fees and cheap 1066 phone calls (www.1066.pl).
About GTS Energis
GTS Energis has a state-of-the-art waveguide network of total length of 5,200 km and 40Gbit/s throughput, which was designed and executed in the ring architecture. It is the highest guarantee of safety and continuity of telecommunication services to customers. By combining the GTS and Energis networks the geographic range has increased and service availability limits have been eliminated. GTS Energis customers can use a comprehensive range of telecommunication services throughout Poland. The operator also serves business clients - large, dispersed corporations, banks, public administration units, airlines, embassies as well as small and medium enterprises.
About GTS
GTS Central Europe is a leading provider of integrated telecommunications services in Central and Eastern Europe. GTS owns and operates an extensive fiber optic and data center network throughout the region. In the Czech Republic, Hungary, Poland, Romania and Slovakia, the company combines its regional footprint with deep local networks to deliver a broad range of services. From basic voice and data to complex virtual private networks and managed data center services, GTS assembles the latest technology with its extensive network to provide industry-leading customer solutions. Wit a rich operating history of nearly 20 years in CEE, the company is committed to providing service excellence and value to its 30,000 government, carrier and business customers. GTS is owned by a consortium of leading international private equity firms with extensive experience in the communications and technology industries. For more information, please visit us at www.gtsce.com.
