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

Sibirtelecom posts 9M 2010 Net Profit of 3.815 billion Roubles

Sibirtelecom posts 9M 2010 Net Profit of 3.815 billion Roubles
Sibirtelecom, the fixed line provider in Russia’s Siberia, has posted a 9M 2010 Net Profit of 3.815 billion Roubles under IFRS.

The bottom line is up 110% from 9M 2009’s Net Profit of 1.8 billion Roubles, with 9M EBITDA rising by 11.8 % year on year to 12.38 billion Roubles as 9M Revenues rose by 3% year on year to 29.28 billion Roubles.

The company attributed the result to a consolidated revenue increase driven by growing local telecommunication demand and mobile radio communication. They account for 31.9% and 25% of total revenues respectively. Revenues from internet service and inter zone telephone service have added to the total revenue and comprised 16.9% and 11.2% of all revenues respectively, with Internet line expansion driven by increasing users also boosting revenues.

Podcasts