icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

CenterTelecom posts 1H 2008 Net Profit of $98.9 million

CenterTelecom posts 1H 2008 Net Profit of $98.9 million
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.