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Manx Telecom reports profits jump

Manx Telecom says its profits rose by more than 35 per cent last year.

The company's annual report for 2017 shows it made £11.9 million - up £3.1 million on the previous year.

The report says MT's earnings fell slightly over the last 12 months, with revenues slipping by £2.3 million.

Non-executive chair Kevin Walsh says the company's on-Island network will see further improvements in the coming year.

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