North Western Telecom has released its 1Q 2003 financial results.

The company's installed line capacity in 1Q 2003 stood at 3,323,000 lines, which is up 4.7% on the same period last year.  Growth in main telephone lines in 1Q 2003 was 19,386 lines.

Based on North Western Telecom's 1Q financial results, the company generated Rub 2,774,319,000 in sales revenue, which includes 2,693,657,000 from telecom services. 

This represents a 19.49% rise in sales revenue compared to the year-earlier period, including a 19.37% increase in telecom services.

The cost of providing services was Rub 2,004,609, including Rub 1,964,989 spent on telecom services.

Net profit of North Western Telecom stood at Rub 330,651,000, which is up 10.88% compared to the same period last year.