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ER Telecom turns in strong performance

November 20, 2014 09.07 Europe/London By Chris Dziadul

ER-TelecomThe Russian cable operator ER Telecom (Dom.ru) had revenues of R16,515 million (€280.8 million) in the first nine months of this year, or 19% more than in the same period in 2013.

At the same time, its EBITDA was up 52% to R6,651 million and EBITDA eight percentage points higher at 40%.

Net profit was meanwhile R2,018 million, up 279% of the first nine months of 2013.

In summarising its activities in the first nine months of this year, the company says they included launching a 200 Mbps service in the city of Ekaterinburg.

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Filed Under: Cable, Central & East Europe, Newsline, Platforms Tagged With: ER Telecom, Russia Edited: 20 November 2014 09:07

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