The largest digital services provider in Russia

Rostelecom announced its six months 2002 IAS results

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  • During the first six months of 2002 domestic long-distance traffic volume grew by14%, international outgoing – by 11% compared to the same period a year ago;
  • Revenues* was up 13% over a year ago, reaching RUR 12,520.8 mn;
  • Operating profit increased by 67% to RUR 1,911.9 mn;
  • EBITDA reached RUR 5,436.9 mn increasing by 29% over a year ago. EBITDA margin for the six months of 2002 increased to 43% versus 38% a year ago.
  • Net profit was RUR 762 mn, or 52% lower than for the first half of 2001, primarily due to foreign exchange losses and deferred taxation.