OREANDA-NEWS. On August 06, 2007 Uralsvyazinform (RTS: URSI/URSIP, ADR: UVYZY/ UVYZYP), the leading carrier of fixed-line and mobile services in the Urals region, Russia reported the unconsolidated financial and operational results for the 1H 2007 prepared under Russian Accounting Standards (RAS), reported the press-centre of Uralsvyazinform.

Anatoly Ufimkin, CEO comments on 1H 2007 results: “The key event of the 1H 2007 was the shift to new tariff plans on local services since February 02, 2007. We should note that this shift, irrespective of its scale and its social value, was easy and balanced, mainly due to active work with subscribers. Besides, from the viewpoint of business development, the main growth drivers are mobile services and broadband Internet. There was not only GSM subscriber base growth but also 16,5% increase of ARPU. Promotion of broadband Internet is more dynamic – number of connected DSL-ports increased by 4,7 times. In July the Company connected its 200 000th ADSL subscriber. Well-balanced growth of business in main segments, continuation of headcount optimization as well as outsourcing enabled us to dynamically increase net profit. Besides, the increase of net profit was also affected by implementation of our subsidiary restructuring program. In its framework we sold our stakes at our subsidiaries ОАО “Tatinkom-T”, ZАО “Telephone company “Ural” and other assets.”

Full report you can see here: http://www.permonline.ru/~usi/1h2007ras_eng.pdf