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General

Telebras reduces losses in 2020

Monday 22 March 2021 | 14:12 CET | News
Brazilian state-owned telecom services provider Telebras ended 2020 with a loss of BRL 106.2 million, an improvement over the BRL 237 million a year earlier. Net revenue rose 30.6 percent to BRL 266.8 million, and gross revenue reached BRL 328.9 million (+24.4%). Of this amount, BRL 274.8 million came from the provision of fixed broadband services via the SGDC satellite.

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Categories: General
Companies: Telebras
Countries: Brazil
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