BUSINESS BRIEFS

Globtel grows by 36 per cent

The biggest mobile operator on the Slovak market, Globtel, ended the last year with earnings before interest, taxes, depreciation and amortisation (EBITDA) amounting to Sk3.697 billion on revenues of Sk 10.183 billion. The company's earnings and revenues in the fifth year of its commercial operation grew 36 per cent year-on-year, said director general Pavol Lančarič. Globtel is a member of the global communications group Orange. According to the methodology, used by members of the Orange group, Globtel had 1,204,716 active clients as of December 31, 2001. This is an increase of 95 percent when compared with the same period in 2000.

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