Operator results - 10/03/07

Neuf Cegetel (France) reports results over target. 2006 revenues were at €2.9bn, up 5%, of which the Consumer division reported revenues of €872m, up 18%, Enterprise reported €971m, up 7%. EBITDA of €544m, up 131%, EBITDA margin of 20% and net income of €213m, vs loss in 2005.

Telecom Italia forecasts a drop in profit in 2007, but small increase (1%-2%) in revenues.

Telecom Argentina reported 2006 revenues up 30% to $2.4bn, net income of $80m and operating profit of $298m, up 81%.