OREANDA-NEWS  On 16 September was announced, that the largest telecommunications operator in the Central Federal District CenterTelecom announced its unaudited results for January-June 2008 compiled under International Financial Reporting Standards (IFRS).

CenterTelecom’s H108 earnings grew 3.84% vs. the year-earlier period owing to the following factors:

Rapid expansion in the BI subscriber base (the Domolink brand) by 43.87% to 437,372 users (304,000 customers at the end of 2007). The percentage of BI earnings in the operator’s revenue mix reached 12.89% (9.46% in January-June 2007);

The application of the CPP principle that was introduced since July 1, 2006, which pushed up intrazonal earnings by 10.17% to Rub 2,925 mln (Rub 2,655 mln in the first half of 2007);

Main telephone lines grew 1.5% y-o-y to 6,678,220 in January-June 2008.

Detailed information are available here.