Uralsvyazinform posts FY 2010 net profit of 7.237 billion roubles

Uralsvyazinform posts FY 2010 IFRS net profit of 7.237 billion roubles
Urals region telecoms provider, Uralsvyazinform, has posted a FY 2010 net profit of 7.237 billion roubles under IFRS.

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The net result compares with the FY 2009 net profit of 3.654 billion roubles, with OIBDA rising 15% year on year to 18.634 billion roubles as revenues rose 7% year on year to 43.105 billion roubles.

The company said the figures represented a 5% increase in local call revenues offsetting an 8% fall in interzonal call revenues, with internet service revenues increasing by 15%and cellular service by 13%.

Uralsvyazinform is expected to become merged into Rostelecom in April.