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Jazztel Reports 2008

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2/27/2009

MADRID -- Jazztel, PLC. (Mercado Continuo in Spain: JAZ), a leading supplier of broadband communication services with its own network in Spain, reported its earnings today for the 2008 fiscal year. The figures in this press release are unaudited, expressed in Euros, and were prepared in accordance with International Financial Reporting Standards.

- The 40,128 ADSLs contracted in the quarter exceed the company’s forecasts and increases its contracted ADSL customer base to 386,318, which represents 44% growth in comparison to the same period a year earlier

- Revenue for the fiscal year was 19% higher than in 2007 (excluding extraordinary revenue)

- EBITDA rose to €6.2 million for the year, closing out the company’s first fiscal year ever with a positive EBITDA

- The company has bought back its own convertible bonds in the market for a nominal value of €23.7 million at a price of approximately 32% of its face value, reducing the nominal amount of its convertible bond to a total of €251.3 million

Jazztel plc

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csjoshi9756
csjoshi9756
10/21/2019 | 3:16:44 AM
Jazztel Reports
The 40,128 ADSLs contracted in the quarter exceeded the company's forecasts and increases its contracted ADSL customer base to kinemaster mod features 386,318, which represents 44% growth in comparison to the same period a year earlier
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