NYSE: BMA) (BCBA: BMA) reported net income of ARS1
This was a 14% increase as compared with net income attributable to Telecom Argentina of ARS1
,454m in the first half of 2012.
Fitch expects that on a consolidated basis, TEO should continue generating free cash flow (FCF) (cash from operations minus capex) in excess of ARS1 billion per year, which should be used to continue paying debt.
Liquidity risk for TEO is manageable, with year-end 2008 cash balances of ARS1.
Aires, Argentina, with assets of ARS1
,08 billion and equity of ARS1
8% year-on-year rise in its 2010 net profit to ARS1
The company reported net income of ARS1
,006m for the nine-month period ended 30 September 2009, a 21% increase when compared to the same period of 2008.
5% surge in Q107 combined domestic sales and exports, racking up a combined ARS1
The group's operating profit increased by 25% or ARS262m year-on-year to ARS1
In addition to the "Images from the Channel" section, the new ARS1