MOSCOW, April 2 (RIA Novosti) - Rostelecom said on Thursday its net profit calculated to Russian Accounting Standards declined 25%, year-on-year, in 2008 to 7.07 billion rubles ($208 million).
The national long-distance telecommunications operator said its earnings in the reporting period climbed 1% to 63.2 billion rubles ($1.85 billion).
Rostelecom is a subsidiary of Russia's state-run telecoms giant Svyazinvest.