GTS Central Europe, a leading infrastructure-based provider of telecommunications services in Central and Eastern Europe, has reported revenue of €396 million, an increase of 2% in revenue from the previous year in its unaudited financial results for 2011. The company also reported EBITDA of €99 million, reflecting a 25% margin and annual growth of 9% and free cash flow
(EBITDA less capital expenditures) of €50 million.

The company said that with strong focus on its customers and investments in expanding its fibre and data centre networks, it continued its growth pattern and posted its highest results ever for earnings before taxes, interest, depreciation and amortization.

Source: GTS Central Europe