OREANDA-NEWS. Open Joint Stock Company “MegaFon” (“MegaFon”, or the “Company”) (LSE: MFON), a leading Russian universal telecommunications operator, announces its (unaudited) consolidated financial results for the third quarter ended 30 September 2013

Key Consolidated Financial and Operational Results for the Third Quarter of 2013

Consolidated revenue grew by 9.0% year-on-year (y-o-y), to RUR 77,543 million

OIBDA increased by 10.5% y-o-y, to RUR 35,387 million

OIBDA margin increased to 45.6% versus 45.0% in Q3 2012

Net Profit of RUR 15,321 million was up 2.9% y-o-y

CAPEX amounted to RUR 10,862 million

Free Cash Flow totaled RUR 28,037 million, a 13.9% increase y-o-y.

The number of active mobile subscribers as of 30 September 2013 was 68.3 million , an increase of 5.4% y-o-y