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10/01/2013
17:32
Rostelecom acquires 70% in LuzaTelecom.

Rostelecom-submitted application on the acquisition of 70% in LuzaTelecom has been satisfied by FAS, as it was informed.

Rostelecom (TIN 7707049388) is a national com operator. It has 150ths km of lines in Russia.

The current structure is in force from Apr. 2011 after the takeover of interregional com companies including TsentrTelecom, Sibirtelecom, Dalsvyaz, Uralsvyazinform, VolgaTelecom, SZT, YUTK and Dagsvyazinform. The length of the main com lines cover 500ths km. The major holder is the government having 53.4% through Svyazinvest, VEB and Insurance Deposit Agency. The securities are under trading on RTS/MICEX and OTCQX in USA.

The 9-month net profit moved up 37.2% (RAS) to 32.011bn rub. from 23.329bn rub. prior year period.

The revenues increased 45% to gain 210.199bn rub. from 144.926bn rub.; profit from sales - 42.3% to 43.025bn rub. from 30.229bn rub.; pretax profit - 35.99% to 40.136bn rub. from 29.515bn rub.

The 9-month net profit (IAS) added 22% to come to 30.626bn rub. from 27.038bn rub. prior year period; revenues climbed up 8% to 238.691bn rub. from 221.838bn rub.

OIBDA added 8% to gain 93.972bn rub. from 86.858bn rub.; OIBDA margin - 39.4% from 39.2%.

LuzaTelecom (Kirovsky reg.) provides local telephone coms.

"AK&M", 10:52, 10.01.2013 1251 AKM,COR

 

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