11.05.2007, 09:26
1Q 2007 Financial and Operational Results Under RAS of Uralsvyazinform
OREANDA-NEWS. On May 07, 2007 Uralsvyazinform (RTS: URSI/URSIP, ADR: UVYZY/ UVYZYP), the leading carrier of fixed-line and mobile services in the Urals region, Russia reported unaudited unconsolidated operational and financial results for 1Q 2007 under Russian Accounting Standards (RAS), reported the press-centre of Uralsvyazinform.
Revenues increased by 28,9% over 1Q 2007 and totalled US$ 350,0 mln. Revenue growth is mainly due to revenue gains in:
Mobile services (+28% on 1Q 2006);
New services (up 77%);
Intrazone services (up 112%).
OIBDA grew by 26,7% and reached US$ 138,0 mln. OIBDA margin amounted to 39,4%, Operating margin – 27,9%.
Overall subscriber base totalled 8,2 mln., including 4,5 mln. in GSM.
On February 01, 2007 company introduced new tariffs on local services. Thus, since February 01, 2007 residential subscribers have a 3 tariff option on local services (time-based, combined and fixed charges).
Revenues increased by 28,9% over 1Q 2007 and totalled US$ 350,0 mln. Revenue growth is mainly due to revenue gains in:
Mobile services (+28% on 1Q 2006);
New services (up 77%);
Intrazone services (up 112%).
OIBDA grew by 26,7% and reached US$ 138,0 mln. OIBDA margin amounted to 39,4%, Operating margin – 27,9%.
Overall subscriber base totalled 8,2 mln., including 4,5 mln. in GSM.
On February 01, 2007 company introduced new tariffs on local services. Thus, since February 01, 2007 residential subscribers have a 3 tariff option on local services (time-based, combined and fixed charges).
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