OREANDA-NEWS. “COMSTAR – United TeleSystems” today announced its unaudited consolidated US GAAP financial results for the fourth quarter and twelve months ended December 31, 2006.

Consolidated revenues of the company were up 23% year on year to US$ 1.12 billion as compared with the same period last year.
 
Group’s OIBDA before non-recurring US$ 62.1 million stock bonus awards were up 19% year on year to US$ 428.6 million with margin of 38.3%.

Cash flow of the company from operations was up 25% year on year to US$ 333.7 million before US$ 62.1 million stock bonus awards.

During 2006 Comstar was successfully transformed from a loose collection of related but un-integrated telecommunications companies and brands.