Cable / Telecom News

Telehop’s income grows


TORONTO – Dial-around telecom discounter Telehop Communications said it posted operating income of $38,518 and EBITDA of $77,131 during the third quarter, ended September 30th.

"We have accomplished many of our early goals," said Rajiv Jagota, president CEO, in a release. "We now have a platform from which to become much more aggressive in the market. The recent landmark agreement we reached with Telus is a clear example of our ability to chart our own course and create our own opportunities."

During the third quarter, Telehop saw EBITDA rise to $77,131 from a loss of $81,517 during the same period last year. Operating income grew to $38,518 from a $122,071 loss a year ago. EBITDA year to date is positive $63,156 vs -$290,336 in 2011.

www.telehop.com