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Rostelecom rings up revenues

April 4, 2008 12.15 Europe/London By Chris Dziadul

Russia’s Rostelecom has posted revenues of R62.588 billion (€1.694 billion) for 2007, an increase of 4.3% on the previous year.

At the same time, its EBITDA grew by 8.3% to R11.957 billion, while the company’s full-year profit rose by 3.7% to R8.077 billion.

Rostelecom is Russia’s leading long distance fixed line telco company and is majority (51%) owned by the state-controlled holding company Svyazinvest.

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Filed Under: Central & East Europe, Finance, Newsline Edited: 4 April 2008 12:15

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About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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