Saturday, November 22, 2014

ER Telecom turns in strong performance

ER-TelecomThe Russian cable operator ER Telecom (Dom.ru) had revenues of R16,515 million (€280.8 million) in the first nine months of this year, or 19% more than in the same period in 2013.
At the same time, its EBITDA was up 52% to R6,651 million and EBITDA eight percentage points higher at 40%.
Net profit was meanwhile R2,018 million, up 279% of the first nine months of 2013.
In summarising its activities in the first nine months of this year, the company says they included launching a 200 Mbps service in the city of Ekaterinburg.

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