Russia’s Golden Telecom has announced a mixed set of results for Q1 2007. While its consolidated revenues in the period were, at $255.7 million (€187.9 million), 44% up on the first quarter last year, operating and net income, at $24.1 million and $12.6 million respectively, were 15% and 33% lower. Golden Telecom is one of the leading telcos in both Russia and the CIS. Its interests include Corbina Telecom, which is constructing a FTTH network that currently covers around 2.6 million homes in six cities including Moscow and St Petersburg and has around 190,000 broadband Internet subscribers. The telco’s future plans include the bundling of wireless broadband with VoIP and IPTV, along with the launch of DVB-T services in Moscow and St Petersburg using MPEG-4 compression.