OREANDA-NEWS. March 17, 2015. Russian state-controlled telecoms provider Rostelecom said on Monday it expected revenues to be flat in 2015, citing uncertainty over macroeconomic conditions.

The company, which spun off mobile business last year, reported a fourth-quarter net loss from fixed line business of 2 billion roubles (\\$32.2 million) compared to net profit of 2.7 billion a year ago due to the paper revaluation of financial instruments and goodwill revaluation.