- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Kyivstar telecom net profit rises 140% in 1H06 to $244 mln-1

Subscribe
(Adds paragraphs 2-5)

MOSCOW, August 14 (RIA Novosti) - Ukrainian telecoms operator Kyivstar said Monday its net profit rose 140% in the first six months of 2006 year-on-year to $243.9 million.

The company's earnings before interest, taxes, depreciation and amortization (EBITDA) in the reporting period rose 90% to $461.8 mln.

The company's client base grew 70% in the first six months of the year to 16,005 subscribers.

Kyivstar is Ukraine's largest mobile operator and covers 97% of the country.

Its principal shareholders are Norwegian telecommunications group Telenor (56.51%) and Russia's Alfa Group (43.49%).

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала