Lensvyaz expects to generate revenues from sale of goods (work and services) equal to Rub 1.4 billion, with expenses amounting to Rub 1.1 billion, sales profit of Rub 289.6 million, net profit of 112.7 million and net profit margin of 10.2%.  Investments should amount to Rub 323.8 million in 2003.  A total of 26,600 new lines were entered into service, which represents a growth of 16,700 lines.

Shortly before the New Year, digital switching facilities were entered into service in the cities of Volkhov (7,872 lines), Tikhvin (7,000 lines), and Vyborg(1,800 lines).