Speaking at CeBIT in Hanover, the Russian IT and Communications minister Leonid Reiman said that the sector in Russia is likely to grow by 25% a year from 2007 onwards. Preliminary data for 2006 shows that revenues from electronic communications were, at R745.6 billion (€21.6 billion), 21% higher than the previous year. It has also been announced that Sistema-backed Comstar-UTS will publish its Q4 and full year 2006 results in the first half of April.
