The largest digital services provider in Russia

Rostelecom released today its RAS results for the first quarter of 2002

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  • Domestic long distance traffic volume grew by 13%, international outgoing- by 15% compared to Q1 2001;
  • Revenue* was up 15%**, reaching Rbl 4 986 mn;
  • Growth in operating profit was 76% with operating profit amounting to Rbl 2 072 mn;
  • Net profit was Rbl 1 210 mn or 142% higher than in Q1 2001.

Domestic long distance (DLD) traffic was up 13% versus Q1 2001, reaching 1 636 million minutes. DLD revenues increased by 36% with revenues from regional operators growing by 67%.

The Company saw a 15% growth in international outgoing traffic (ILD)volume, which reached 282 million minutes, while Rostelecom ILD proceedsfrom Russian clients and operators were up 4% compared to Q1 2001.

Total revenue reached Rbl 4 986 mn, which is 15% higher than in Q1 2001. Operating costs amounted to Rbl 2 914 mn decreasing by 8%, while administrative costs decreased by 2%.