1 elitel telecom sp a preliminary results for the year ended 31 december 2005 1st june 2006 spa or company aim etm independent italian services provider is pleased to announce its financial highlights revenues increased 67 154 7 million 2004 92 5 gross profit 41 28 4 20 loss from operations reduced by 50 11 23 3 voip end users growth of 610 as at 9 285 308 significant investments in and wholesale international successful launch new business line premium pre paid calling card further information please contact 39 02 441 041 federico d este chief executive ezio ravaccia officer buchanan communications 44 0 7466 5000 mark edwards isabel podda charles stanley securities 7953 2000 russell cook freddy crossley commenting on said during has strengthened competitive position fixed market demonstrated