Feeds

Terra Lycos attracts more paying punters

5.3m say

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Spanish Internet outfit Terra Lycos has managed to increase the number of paying punters over the last year helping to lift revenues. By the end of March the firm, which boasts a strong presence in Spain and Latin America, had 5.3m paying punters for its Net access, communications and portal services - up 62 per cent compared to the same period last year.

The number of broadband punters grew 73 per cent on the year to 726,000 at the end of the first quarter (Q1), while the number of subscribers to its communications and portal services grew 95 per cent to 3.5m.

As a result, Q1 revenues grew 17 per cent to €134m. Of that, 42 per cent of revenues came from its access business, while advertising and e-commerce accounted for 25 per cent. The rest was made up of a range of communication and portal services. Pre-tax loss at the company fell slightly during Q1 from €55.5m to €53m.

Kim Faura, executive chairman of Terra Lycos, said the results "clearly show that we are on the right path, very focused on our clients and on profitable business segments." ®

Related stories

Terra Lycos narrows FY loss
Lycos Communities disbanded
Terra Lycos in 2bn loss

Secure remote control for conventional and virtual desktops

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.