LISBON, April 26 (Reuters) - Portuguese
telecommunications firm NOS posted on Wednesday a 15%
drop in first-quarter net profit as amortisation costs rose
after strong investments to massify its fast-speed 5G network.
NOS, whose businesses include cable television and cinemas,
made a net profit of 34.9 million euros ($38.55 million) between
January and March.
Consolidated revenues rose 2.2% to 381.4 million euros in
the quarter from a year ago, of which 369.2 million euros were
from its core telecommunications business.
($1 = 0.9052 euros)
(Reporting by Sergio Goncalves;Editing by Andrei Khalip)
Messaging: sergio.goncalves.reuters.com@reuters.net))
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