Uralsvyazinform cuts back on investment
15 May 2009 (10:32)
Uralsvyazinform (Sverdlovsk Region’s major telecommunications provider) recently came up with a performance report for the first quarter of 2009.
According to the company’s official statement, their investments amounted to 288.1 million RUR in January-March 2009 (which falls short of the figures for a year earlier by 62.8%), 57% of which sum was directed to the development of their mobile network and new services; 12.1% of this amount was invested in the development of data communications network and infrastructure, and 10.6% and 7.7% were directed to landline network development and corporate IT development projects, respectively.
Apart from this, Uralsvyazinform reports their salary and social security expenses have gone down, whereas the outgoings related to depreciation and communications service payments have increased.
According to the company’s official statement, their investments amounted to 288.1 million RUR in January-March 2009 (which falls short of the figures for a year earlier by 62.8%), 57% of which sum was directed to the development of their mobile network and new services; 12.1% of this amount was invested in the development of data communications network and infrastructure, and 10.6% and 7.7% were directed to landline network development and corporate IT development projects, respectively.
Apart from this, Uralsvyazinform reports their salary and social security expenses have gone down, whereas the outgoings related to depreciation and communications service payments have increased.
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