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Sales revenue totaled RUR 5,817,788 thousand against RUR 5,725,648 thousand projected, including telecom services sales of RUR 5,742,618 thousand against projected 5,661,097 thousand.
Projections approved by the Board of Directors for Q1 2004 previewed a loss in the amount of RUR 207,961 thousand. The actual loss totaled RUR 77,286 thousand.
In Q1 2004, 154.2 thousand lines were commissioned against 119.1 thousand projected.
First Deputy General Director - Financial Director Alexei Lokotkov said that he was content with the company’s operating results: as income grew and costs went down, the company obtained additional opportunities to increase the line capacity, introduce new telecom technologies and develop modern services.
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