GTS phones home

Strong End-of-Year Results
Eight months after Innova’s consortium closed its purchase of telecom provider GTS, the company has reported 2008 revenues of €435.7m. Organic growth in its anchor markets, new optimization programmes and the sale of non-core assets helped achieve healthy EBITDA and FCF results. GTS, with its dense metro and long-haul fibre footprint is unique within CEE.