CenterTelecom posts 1H 2008 Net Profit of $98.9 million
![CenterTelecom posts 1H 2008 Net Profit of $98.9 million](https://mf.b37mrtl.ru/files/oldfiles/business/centertelecom-posts-1h-2008-net-profit-of-989-million/48bcef65c31e2.si.jpg)
Russian communications provider CenterTelecom has seen Net Profit for 1H 2008 jump 28.9% year on year to $98.9 million under IFRS.
The Moscow Region telecom saw EBITDA rise by 13% on the same period 2007 to $270 million, on Revenues of $689 million, up 3.8%.
The results were underpinned by a 41% increase in Revenues from data transmission and internet services, with the internet subscriber base growing 43% to more than 437,000 people.
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