Portugal Telecom (PT), Portugal’s largest fixed line operator by subscribers, has reported revenues of EUR1.716 billion (USD2.183 billion) for the three months ended 31 March 2012. This figure represents an increase of 97.0% compared to the EUR871 million generated during the first quarter of 2011. EBITDA for 1Q12 grew 59.9% year-on-year, from EUR357 million to EUR572 million, while CAPEX increased 111.9% to EUR259 million
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OVETEL PT Q1 revenues increase 97%, thanks to Oi, Contax consolidation
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