Telecommunications Services of Trinidad and Tobago Limited (TSTT) and its subsidiary, Amplia Communications Limited (Amplia, collectively, the Group) announced 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) increased by TT$135 million (17 percent) to TT$910 million, with margins remaining strong at approximately 42 percent, demonstrating sustained operational efficiency and resilience.

Chairman Kern Dass said the results reflected the success of the Group’s strategic direction and disciplined execution: “These exceptional results reflect not just a financial milestone, but the relentless dedication and disciplined execution across every level of TSTT.”

“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. While we celebrate this historic 17-year high, our eyes remain firmly on the horizon. This transformation is an ongoing journey, and we are resolutely committed to building a stronger, more agile, and future-ready digital powerhouse for Trinidad and Tobago.”

The Group’s performance was driven by a number of initiatives executed across its operations, with a focus on:

Financial Discipline: Optimised costs and tightly controlled operating expenditures to maximise efficiency.
Operational Excellence: Resolved legacy issues to significantly improve network reliability and service delivery.
Customer-Centricity: Enhanced service responsiveness to rebuild trust and elevate the customer experience.Commercial Execution: Sharpened product positioning and optimised overall go-to-market strategies.
“TechCo” Transformation: Accelerated the shift toward a digital platform-based, enterprise-led technology model.

Underpinning the strong operating performance was a 9.2 percent increase in revenue to TT$2.17 billion, representing the strongest top-line growth in over a decade and a reversal of a prolonged period of decline.

After years of contraction, the business returned to modest growth in FY2024, with FY2026 reflecting a step-up in growth at scale, driven by expansion in enterprise and technology solutions, continued growth in fibre-based residential services, and improved commercial alignment toward data-driven and digital offerings.

This shift reflects TSTT’s strategic repositioning away from legacy services and toward digital, data-led and platform-based revenue streams, consistent with its TechCo strategy. Another key milestone achieved during the year was the return to positive retained earnings of TT$35 million, signalling a fundamental strengthening of the Group’s financial position.

This marks the first time in several years that accumulated losses have been fully recovered, reflecting sustained profitability and reinforcing the Group’s improved balance sheet and capital position.

Kern Dass, TSTT Chairman. Photo courtesy TSTT.

Overall, FY2026 results mark a clear inflection point for the Group:

Highest profitability in 17 years
Significant expansion in operating earnings (EBITDA)
Meaningful return to revenue growth after a prolonged decline
Restoration of positive retained earnings and strengthened financial position

These outcomes illustrate that the actions taken by management are delivering tangible results, providing a strong foundation for continued growth as TSTT advances its transition into a modern, technology-driven organisation.

Chief Executive Officer (Ag.) Keino Cox thanked employees across the Group for their commitment and contribution to the year’s exceptional performance: “These results belong to every employee of the Group. 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.”

“Our focus remains firmly on our customers. Over the past year we have made significant strides in improving network reliability, service delivery and the overall customer experience, and we will continue building on this momentum.”

“While we are proud of what we have achieved, we are even more excited about what lies ahead. Our transformation from a traditional telecommunications company to a technology company is well underway. We are building the networks, platforms and digital capabilities that will define the next generation of connectivity. The future isn’t something we are waiting for—the future is now.”

As TSTT continues to build on the positive momentum, it is important to recognise that the broader telecommunications landscape remains highly competitive and capital intensive, with evolving customer expectations and continued structural pressure on traditional revenue streams.

As the Group progresses its transition to a TechCo business, the next phase will require targeted and sustained investment in network modernisation, digital platforms, and enterprise and technology solutions to support long-term growth.

Accordingly, 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, ensuring the Group is well-positioned to compete and grow in an increasingly digital and technology-led market.