MOSCOW, March 15 (RIA Novosti) - Golden Telecom, a leading Russian telecommunications and Internet operator, said Thursday its US GAAP net profit grew 12.4% year-on-year in 2006 to $85.5 million.
Golden Telecom, which provides integrated telecom and Internet services in major Russian cities and the Commonwealth of Independent States, a loose association of former Soviet republics, said its operating profit stood at $127.2 million in the reporting period compared with $116 million a year earlier.
Golden Telecom, an independent operator with its own infrastructure for providing comprehensive telecom and Internet services, said its consolidated earnings increased 28% in 2006 to $854.6 million.
Golden Telecom's key shareholders are Altimo (which holds a 29% stake), Telenor (20%) and Rostelecom (11%).
