Uralsvyazinform’s profits drop

The net profit of Sverdlovsk Region’s major telecommunications provider declined by 2% in the first half of 2009 compared with the year before, reaching 1.658 billion RUR, the spokesperson for the company reports.

For one, the cellular transmission revenues decreased by 3.6% in January-June 2009, whereas the income stemming from the central office area connection, the traffic hookup and inflow, and the agency services went down by 9%, 13.4%, and 35.7%, respectively. In addition, the other services revenues plunged by 58.3%.

Finally, Uralsvyazinform’s operating profit rose by 6% in the first half of 2009 compared to the first half of 2008 and came to 3.986 billion RUR.

The company’s cellular transmission trademark is Utel.


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