The Hungarian Telephone and Cable Corp, (HTCC) has posted revenues of $92.85 million (€68.79 million) for Q2 2007, or 97% more than in the corresponding period last year. Those for H1 were meanwhile, at $142 million, 53% up year-on-year, and EBITDA also rose in both periods –19% to $46.8 million in Q2 and 11% to $89.3 million in H1, However, there was a net overall loss of $22.740 million and $83.597 million in Q2 and H1 respectively, though both figures were an improvement on 12 months earlier. HTCC, which is backed by Denmark’s TDC, is one of the leading alternative providers in Hungary. It acquired Invitel, another provider, from American International Group and GMT Communications partners in a deal worth €470 million earlier this year.
