Home | Business News | Browse by Publication | M | M2 Presswire

Netsize`s European success story reflects in their 2002 financial results with a six-fold increase in turnover to euro37.1 million compared with euro6 million in 2001.

Publication: M2 Presswire
Publication Date: 02-APR-03 		Format: Online - approximately 981 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-2 April 2003-Netsize: Netsize`s European success story reflects in their 2002 financial results with a six-fold increase in turnover to euro37.1 million compared with euro6 million in 2001(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:04022003

Netsize, Europe's leading provider of SMS, mobile business & entertainment solutions, today announced that The Netsize Group had a euro37.1 million turnover for 2002. Netsize`s 2003 strategy will focus on further international expansion of its mobile network, the development of its multimedia platform and adding applications and content to its catalogue of mobile solutions.

Netsize confirmed the profitability of its operations with earnings of euro12.3m during the last quarter of 2002 and earnings before EBITDA of euro400K. Netsize is on target to achieve its goals for 2003: to achieve a turnover of euro85m and EBITDA of euro4m and the reinforcing of its position as the mobile multimedia market leader.

In 2000 the turnover...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from M2 Presswire
Northumbria Police put Motorola TETRA radios to the test; After tough ..., April 02, 2003
New entry-level Samsung communications system brings convergence to SM..., April 02, 2003
LEGATO extends leadership in enterprise HSM/archive solutions with new..., April 02, 2003
Amadeus to become a shareholder of Opodo., April 02, 2003
Biological clocks "wake up" plants., April 02, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.