TelOne revenue up 14%

STATE-OWNED telecoms operator, TelOne, achieved a 14% increase in revenue to $133,76 million in 2017, on the back of an increase in broadband capacity.

TelOne corporate communications manager, Melody Harry, told NewsDay in emailed responses, 2017 saw the translation of the company’s strategy to diversify the business from a purely fixed telephony offering to a fixed mobile converged business anchored on broadband.

“The drive to push broadband started paying dividends, seeing a rise of broadband contribution to revenue from 18% in 2016 to 39% in 2017.

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