OREANDA-NEWS. MegaFon's net income, calculated upon US GAAP, for the first half-year '07 increased by 64% up to RUR 14.391 Mln. In the first half-year '06 its net income was RUR 8.794 Mln, the press service of MegaFon reports.

The Company's YOY revenue increased by 48%, up to RUR 63.605 Mln, from RUR 42.881 Mln. Within the reporting period EBITDA increased by 49% up to RUR 32.310 Mln. In the first half-year of 2006 it came to RUR 21.723 Mln.

During Q22007, company's YOY net income increased by 63% up to RUR 8.254 Mln. Within the reported period revenue increased by 48% and amounted to RUR 34.267 Mln. EBITDA increased by 49% and amounted to RUR 18.03 Mln.

Q2 ARPU is 14 USD that is at the level of 2007 year-end, MoU is 239 minutes. And, traffic volume improvement is achieved without any reduction of APPM.

The crucial task of MegaFon in terms of market saturation is to increase loyalty of subscribers, and the average useful life of subscribers. In 2007 as well as in 2006, MegaFon achieved theincrease of market share both in subscribers and, what is more important, in revenue. Despite the fact that MegaFon's share in the total subscriber base is 20%, in terms of total revenue the company almost reached parity with its Big 3 peers MTS and Vimpelcom.