The Portuguese private mobile telephone operator, Telecel, announced on October 21 that its turnover for the first nine months of 1998 totalled Escudo 86.1 billion (USD 511.5 millions), up 37.8% on the same period last year. Over the same time scale, the company's cash-flow reached Escudo 32.8 billion (USD 194.8 million), up 43.9% on the first nine months of 1997. Telecel is hoping to have a net profit of Escudo 16.5-18.5 billion (USD 98.0-109.9 million) by the end of the year, or twice as good as last...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT