Sales up at SMARTS

18 May 2006

Russia’s SMARTS group said first-quarter revenues were up 9.4% year-on-year to USD46.1 million, with almost half the sales coming from the group’s mobile operations. The firm, which had full-year 2005 revenues of USD189 million, has 3.5 million subscribers across 16 Russian regions and expects to have reached the four million-mark by the end of the year.

Russia, SMARTS Group