Sales up 23% at Uralsvyazinform

21 Apr 2008

Svyazinvest’s subsidiary in the Urals region, Uralsvyazinform, has reported an 87.5% jump in net profits for 2007 to USD144 million. EBITDA rose 41.8% to reach USD517 million while revenues climbed 22.7% to USD1.53 billion. The figures were prepared under Russian Accounting Standards (RAS). The firm had 8.8 million subscribers at the end of December, including 5.1 million GSM customers (up 15.9% year-on-year) and 3.7 million fixed line users (up 0.7%).

Russia, Svyazinvest, Uralsvyazinform