Swiftel in the black

BROADBAND carrier Swiftel Ltd has announced that April was the company’s first ever month of positive earnings before interest, tax, depreciation and amortisation.

Swiftel has experienced strong sales in the first four months of the calendar year, and has (to date) signed contracts worth nearly $4 million.

Having become EBITDA positive within 15 months of the commissioning of its network, Swiftel says it is now looking to expand its business focus into the growing data storage market.