OREANDA-NEWS. OJSC CenterTelecom, a major provider of fixed-line telecommunications services in the Central Federal District of Russia, announced its financial results in accordance with Russian Accounting Standards (RAS) for the first nine months of 2007, including a 64.14% rise in net profit.

According to the company's press release, the number of broadband Internet users under the DOMOLINK brand rose by 104.4% in January-September 2007 and reached 235,161 users (compared with 115,052 as of 31 December 2006). The share of income from Internet access services rose to 8.9% (6.54% in January-September 2006). The number of telecommunications lines per employee rose 18.6% to 129 lines (108.7 lines for 9M2006). Revenue per line rose 14.1% for the first nine months of 2007 from RUR3,101 in 9M2006 to RUR3,536.8 in 9M2007. Revenue per employee for the first nine months of 2007 reached RUR456.1 ths - 35.3% more than in 9M2006 (RUR337,1 ths). Personnel numbers were reduced by 12.3% to 52,949 employees (60,383 in 9M2006). Net margin reached 13.3% ( 9.4% in 9M2006).

Number of fixed line communications service subscribers increased by 1.56% in 9M2007 and reached 6,604,260 subscribers (6,502,897 as of 1 October, 2006).  For the first nine months of 2007, implementation of the calling party pays rule generated income growth from inter-zone communications of 70.59 % and reached RUR4.237 billion (RUR2.484 billion in 9M 2007).