Mauritius Telecom reports USD52 million profits in 2005

Mauritius Telecom, a 40%-owned subsidiary of France Télécom, reported net profits of USD52 million in 2005, up 19.3% year-on-year, officials said in a statement. the group’s mobile arm Cellplus Mobile Communications reported a 13% rise in revenues to USD67.8 million on the back of a 15% increase in subscriber numbers to 438,000. Its internet unit Telecom Plus recorded a 2% increase in turnover at USD13.9 million, and reported 8,300 users at the end of the year. Dass Thomas, President of the Mauritius Telecom board said the group would invest on the expansion of its services under its 2006/08 strategic plan.