ONO has announced its operating and financial results in the first quarter of 2012 and produced a growth of 4%, reaching 186 million euros. Net profit has increased by 62%, which implies a gain of 15 million euros.

The company increased sales by 5% over the previous year in the same period and this represents a turnover of 383 million euros during the first quarter.

The investments made by ONO have focused primarily on the completion of the deployments in the Canary Islands, allowing speeds of 50 to 100 megas. They have also deployed a new fiber optic services for SMEs, offering 200 megas real. Thus, the total investment has reached 61 million euros.

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