Telebras leaves profit to loss of r $ 145,7 million in 2013

SAO PAULO-the Telebras reported loss of r $ 145,7 million in 2013, compared to a net profit of r $ 40.7 million the previous year.
The net operating revenue totaled r $ 30.8 million in the period, strong growth of 1,902% in comparison with the turnover of r $ 1.54 million in 2012.
The company said that the improvement in the recipe happens after "the most critical period of restructuring new Telebras, with a higher tendency of higher investment growth of capillarization".
Increased costs 454.8%, the company came out of operating income to expense of $ 62 million, and the injury before the financial result was discharged of 1,807%.
About the costs, the company said that the value is a result of the expansion of the backbone (transport network), in addition to increased expenses relating to rental of infrastructure, operation and maintenance costs, which must be network render during 2014. Already the expenses have increased with the expansion of the company.