Home  Issuers' Corner  Press Releases
CLOSE

Press Releases

company search
all press releases
all Uralsvyazinform press releases

Uralsvyazinform

July 18, 2003

Uralsvyazinform preliminary 1H2003 performance statement (RAS)

Uralsvyazinform revenues in the first half of 2003 are estimated to be USD278,8 mln (+27,3% as compared to 1H2002).
Revenues from telecommunication services as of 1H2003 are constituted by domestic and international long-distance telephony – 42,1%, urban telephony -31,8%, mobile telephony* – 7,0%, new telecommunication services (Internet, intelligent network, ISDN) – 3,5%.
* revenues from 100% owned business (GSM 900/1800, NMT 450i).

Operating expenses are expected at USD205,7 mln (+29,9%). In general the expenses structure in 1H2003 is as follows:

- wages – 40,5%;
- depreciation – 14,3%;
- materials costs – 6,0%;
- Rostelecom interconnect fees – 12,8%
- other expenses – 26,4%.

Thus, provisionally as of 1H2003 EBITDA is expected to be USD101,7 mln. (+22,1%), operating profit – USD73,2 mln. (+20,5%), pre-tax profit – USD35,8 mln. (+57,5%), net profit – USD24,3 mln. (+68,7%).

The domestic long-distance traffic in 1H2003 amounted to 886 mln minutes (+25% as compared to 1H2002), international traffic – 58 mln minutes (+16%).
The total subscribers’ number of fixed-line network as of July 1, 2003 amounted to 3,0 mln., 2,7 mln of which represent urban network and 0,3 mln pertain to rural network. The overall fixed-line subscriber base grew by 88,5 thousand since the beginning of 2003.

The number of employees in the first half of 2003 decreased to 37 thous. (-2,8 % as compared to 1H2002).

The installed capacity of mobile networks at the end of 1H2003 totaled 919 thous. numbers. read on (PDF)

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer