The Telecommunications Services of Trinidad and Tobago Limited (TSTT) and its subsidiary, Amplia Communications Limited, announced Saturday that the Group recorded profit after tax of TT$214 million for the financial year ended March 31, 2026, an increase of 103 percent over the previous year and its strongest financial performance in 17 years, since 2009.
At the operating level, EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) rose by TT$135 million, or 17 percent, to TT$910 million, with margins holding strong at approximately 42 percent, a result the company said reflects sustained operational efficiency and resilience.
TSTT Chairman Kern Dass said the results were the product of disciplined execution across the organisation.
“These exceptional results reflect not just a financial milestone, but the relentless dedication and disciplined execution across every level of TSTT,” Dass said. “On behalf of the Board, I want to extend our deepest gratitude to the Executive Team for their visionary leadership, stewardship, and unwavering focus on restoring the Group to sustainable growth.”
He added that despite the historic 17-year high, the company remains focused on the future. “This transformation is an ongoing journey, and we are resolutely committed to architecting a stronger, more agile, and future-ready digital powerhouse for Trinidad and Tobago,” he said.
The Group attributed its performance to a number of initiatives, including tighter financial discipline through cost optimisation, resolution of legacy operational issues to improve network reliability, enhanced customer responsiveness, sharpened commercial and go-to-market strategies, and continued progress on its “TechCo” transformation toward a digital, platform-based business model.
Underpinning the results was a 9.2 percent increase in revenue to TT$2.17 billion, the strongest top-line growth in over a decade and a reversal of a prolonged period of decline. The company said the growth was driven by expansion in enterprise and technology solutions, continued momentum in fibre-based residential services, and improved alignment toward data-driven and digital offerings.
Another milestone highlighted in the release was the Group’s return to positive retained earnings of TT$35 million, the first time in several years that accumulated losses have been fully recovered, which TSTT said reinforces its improved balance sheet and capital position.
Summarising the year, the company pointed to four key outcomes: the highest profitability in 17 years, significant expansion in operating earnings, a meaningful return to revenue growth, and the restoration of positive retained earnings.
Chief Executive Officer (Ag.) Keino Cox thanked staff across the Group for their role in the year’s performance. “These results belong to every employee of the Group,” Cox said. “I want to sincerely thank our teams across the organisation for their hard work, professionalism and resilience. Their commitment to serving our customers, improving our network, embracing change and executing our strategy has made this performance possible.”
Cox said the company’s focus remains on customers, citing strides made in network reliability and service delivery over the past year. He added that the company’s transformation into a technology-driven organisation is well underway. “The future isn’t something we are waiting for, the future is now,” he said.
Despite the positive results, TSTT acknowledged that the broader telecommunications landscape remains highly competitive and capital intensive, with evolving customer expectations and continued structural pressure on traditional revenue streams. The company said its next phase of growth will require targeted, sustained investment in network modernisation, digital platforms, and enterprise and technology solutions.
“While FY2026 reflects the successful stabilisation of the business and the resolution of foundational issues, the focus in the years ahead will shift toward investing for transformation and sustainable value creation,” the release stated, adding that the Group aims to remain well-positioned to compete in an increasingly digital, technology-led market.