Rostelecom Posts 2013 Financial Results

News: Russian telecoms operator Rostelecom registered a 2% year-on-year (y-o-y) fall in consolidated revenue to RUB325.7bn (US$9bn) in 2013, compared with RUB332.4bn (US$9.19bn) in 2012. Capital expenditure was RUB68.5bn (US$1.89bn) in 2013. The operator's wireline subscriber base declined to 26.5mn from 28.2mn, while its mobile subscriber base grew by 9% y-o-y to 14.8mn in 2013. Rostelecom's IPTV subscriber base was 2.2mn at end-2013, while the broadband subscriber base stood at 10.6mn.

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Related sectors of this article: Telecoms
Geography: Russia

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