Enet, the telecoms infrastructure company that aims to bring internet access to urban areas, has increased profits by 20 per cent to €4.9 million, after driving up revenues and reducing costs.
Enet, which operates the government-owned fiber optic metropolitan area networks (Mans), increased sales by 16 per cent to €21.8 million for the year ending April 30, 2013. Costs fell from €8.7 million to €7.3 million.
The accounts also reveal that the company provided for share-based incentives of close...
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