Manx Telecom says it made a profit of £5.2 million last year - more than a million pounds less than in 2016.
The company's released its interim results, describing its performance as "solid" and in line with expectations.
MT says although its earnings from fixed line and broadband services declined slightly, it saw growth in mobile services over the past 12 months.
But it adds it also saw debt rise from just over £53 million in 2016 to £61.7 million in 2017.
Time running out to register for work experience scheme
There's just over a fortnight left for your company to be part of a government scheme to give students work experience.
Company expands mortgage advice service to North
A local financial options company is expanding its operations to bring expert mortgage advice to the North.
Island-based company up for European compliance award
An Island-based company has been shortlisted for a European industry award.
More Tenerife flights than ever before this winter
There's good news for sun seekers this winter!
Chamber wants businesses' views on fuel surcharge plans
The Chamber of Commerce says it wants to gauge the views of businesses on a proposed fuel surcharge from the Steam Packet Company.
Interest rate on late VAT payments to rise in May
The interest rate on late VAT payments will increase next month.
Regulator wants your input on new gambling laws
The Island's gambling regulator is looking for feedback on new draft laws.
From hods to hackers - free event focuses on construction cybercrime
A free event's being held next week to discuss the alarming rise in cyberattacks targeting construction companies.
