JSC North-West Telecom has summed up the preliminary results of operation for 2005 according to the Russian Accounting Standards, which show an improvement of the key financial and economic figures of the company and the fulfilment of its business plan.

The consolidated proceeds amounted to RUR 20.1 billion, having increased by 13% as compared to the year 2004. EBITDA increased by 31% and reached RUR 5.2 billion. The EBITDA margin grew to 26% as compared to 22% in 2004. The net profit grew by 28%, having exceeded RUR 1.8 billion. 

In 2005 the volume of investment of JSC NWT reached RUR 5.1 billion (RUR 4.7 billion in 2004), and the plan of number capacity introduction was exceeded by 6%. 391,000 telephone numbers were put into operation, including 125,000 new numbers and 266,000 replacement numbers. Thus, the installed capacity of the company's network was 4,807,000 numbers as of the start of 2006.

The queue for telephone installation was reduced to 109,300 unsatisfied applications.

The digitalization level of the network reached 54% by the end of 2005. In most regional centers of the Northwestern Federal District the digitalization level of the network came close to 100%.   

Owing to the improvement of the key financial and economic figures, it is expected that RUR 397 million, or almost 22% of company's net profit, will be allocated for paying dividends to the shareholders of the company based on the results of the year 2005.