OREANDA-NEWS. On 12 August 2008 Uralsvyazinform (RTS: URSI/URSIP, ADR: UVYZY/ UVYZYP), the leading carrier of fixed-line and mobile services in the Urals region, Russia reported the unconsolidated financial and operational results for the 1H 2008 prepared under Russian Accounting Standards (RAS).

Revenues increased by 14.6% on 1H 2007 and totaled USD 834.5 mln. The revenue growth is mainly due to the gains in:

Mobile services (up 19.2%)

New services (up 65.7%)

EBITDA[1] increased by 9.9% on 1H 2007. EBITDA margin amounted to 34.4%. Operating margin – 19.7%.

Net profit decreased by 21.0% and amounted to USD 68.2 mln. Net margin amounted to 8.2%.

Subscriber base totaled 9.1 mln., including 5.4 mln. GSM mobile subscribers.