PeterStar posts 23% jump in sales

1 Apr 2008

The Russian wireline operator PeterStar has reported revenues of USD117 million in 2007, up 23% year-on-year. EBITDA grew 20% to USD56 million and net profit was up 40% at USD33 million, CNews reports. The firm says revenues from data transmission and internet access services were up 34% annually and now account for 36% of overall sales. PeterStar is an affiliate of the Synterra group and operates in Russia’s North West region.

Russia, PeterStar