OREANDA-NEWS. The Board of Directors of OJSC "CenterTelecom" approved the Company’s budget for 2007.

Pursuant to the approved financial and economic plan, earnings from ordinary activities according to the results of the year are expected to make 30 539 million roubles, expenditures on ordinary activities will amount to 23 067 million roubles.

In 2007 EBITDA is expected to be 11 082 million roubles, while the investment program volume will reach 5 512 million roubles.

Forecast for net profit in 2007 is 2 599 million roubles. The Company plans to use 1 800 million roubles for repayment of the external debt.