Source Pravda.Ru

Russian mobile operator posts Q1 results

The net profit of VimpelCom-Region, a subsidiary of the Russian mobile giant VimpelCom, came to nearly $40,000 in the first quarter of 2003. Analysts expected the profits from the company's regional activities to come a bit later. Now, these earlier than expected profits may compensate for the negative effects from a downtrend in ARPU (average revenue per user).

According to the company's consolidated GAAP report, the VimpelCom earnings grew by 68.5 percent in Q1, 2003 against the same period of 2002 and amounted to about $244.437m, the net profits by 47.6 percent to $41.387m and EBITDA by 70.6 percent to $107m, while EBITDA profitability rose from 43.6 percent to 44.2 percent.

The number of VimpelCom's subscribers has reached 6.92m, including 4.22m living in Moscow, the Vremya Novostey newspaper reported.

© &to=http://www.rbc.com' target=_blank>RBC

Ukrainian bloggers draw a parallel between the events in East Timor and the Crimea. Any comparison has a right to exist, but a detailed analysis of the situation does not give a promising forecast to Ukraine

Ukraine dreams of what it can do to Crimea after winning war with Russia
Comments
Aretha Franklin: A colossus, a woman, a lady, a light and a soul
Russian government prepares to get rid of US dollar in economy
Turkey desperately tries to rescue its national currency as it falls to all-time lows
Ukraine dreams of what it can do to Crimea after winning war with Russia
Ukraine dreams of what it can do to Crimea after winning war with Russia
Details of Putin-Merkel surprise meeting unveiled
China turns two powerful US and UK destroyers into worthless buckets
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
The insane idea in Germany: "pedophilia normal love"
The insane idea in Germany: "pedophilia normal love"
Russia to build major naval base on the coast of Caspian Sea
Russia to build major naval base on the coast of Caspian Sea
Russian woman killed when hanging out naked of moving car in Dominican Republic
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
USA and Russia to add more fire and brimstone into the sauce of their relationship
Why Russia continues investing in US public debt
Russian woman killed when hanging out naked of moving car in Dominican Republic
The Sham called Democracy
The Sham called Democracy