OREANDA-NEWS. On June 14, 2007 “COMSTAR – United TeleSystems” OJSC (“Comstar” or “the Group”) (LSE: CMST) announced its unaudited consolidated US GAAP financial results for the three months ended March 31, 2007, reported the press-centre of COMSTAR. 

FIRST QUARTER HIGHLIGHTS

Revenues up 32% year on year to US$ 328,9 million.

39% year on year growth in Moscow broadband Internet subscriber base to 398,000 customers.
 
Sevenfold year on year increase in “Double play” Moscow subscriber base to 100,500 customers
OIBDA[1] up 27% year on year to US$ 130,4 million with margin of 39,6% (up quarter on quarter from underlying 33,3% margin in the fourth quarter of 2006).