Sales up 41% at MegaFon

17 May 2006

Russia’s third largest cellular operator MegaFon has reported a 32.4% year-on-year rise in net profit for 2005 to RUB4.14 billion. Revenues were up 41.2% to RUB26.28 billion. The firm had almost 25 million customers across Russia at the end of last month.

Russia, MegaFon