OREANDA-NEWS. On 04 April 2008 Rostelecom, Russia’s national long-distance telecommunications operator, today announced its audited full year 2007 results  in accordance with Russian accounting standards (RAS).

Rostelecom’s General Director Konstantin Solodukhin commented, “Rostelecom’s performance in 2007 demonstrates the Company’s stable position in the traditional telecom segments while operating  in a new competitive environment following the liberalization of the long-distance market. The Company continues to reinforce its competitive position in the international operators and leased line markets while developing state of the art technological services. During 2008, our key priority is to substantially increase Rostelecom’s presence in the new service markets, while continuing to maintain its position in the traditional telecom segments.”