The Russian cable operator ER Telecom ended the first half with 6.94 million B2C subscribers.
This, according to a summary of the company’s latest set of results, published by ComNews, was 16% more than in the same period last year.
Meanwhile, ER Telecom’s consolidated revenues amounted to R19.3 billion – €246.2 million (+18%) and EBITDA R6.2 billion (+35%), while its net profit was R1 billion.
ER Telecom operates under the brand name Dom.ru and its recent performance is significantly better than that of the market as a whole.
This, believe experts, is down to its acquisition of a number of regional players.