TITLE

Rostelecom 3Q11 revenues up 8 percent; broadband subscriber base grows to 7.9 million

PUB. DATE
December 2011
SOURCE
Russian Telecom;Dec2011, Vol. 11 Issue 12, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Rostelecom, Russian government-owned telecommunications (telecoms) firm, for the third quarter ended September 30, 2011. The company has posted consolidated revenues of 2.35 billion U.S. dollars, marking an 8% year-on-year increase. It adds that net income rose by 1% while capital expenditure (CapEx) reached 15.4 billion Russian ruble. The consolidated broadband subscriber base growth has surged 27% to 7.9 million subscribers.
ACCESSION #
74120307

 

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