Moscow CableCom Corp. has posted Q1 2007 revenues of $11,292,000 (€8,359,429), or 174.8% more than in the corresponding period last year. At the same time, its net loss – applicable to common shares – was $6,731,000, as opposed to $2,616,000 in Q1 2006. The company’s revenue growth was put down largely to increases in the subscriber numbers of its pay-TV and Internet operation Akado in the Russian capital. The end-May subscriber figures are due to be released in the next few days.
