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Sistema Reports Operational Results for Its Fixed Line Telecom Operators5 October 2005
-Sistema (LSE: SSA), the largest private sector consumer services company in Russia and the CIS, announced today the operational results of its fixed-line telecommunications subsidiaries for the 6 months period ended 30 June, 2005. This report contains results for Comstar-United TeleSystems, MGTS, MTU-Intel and Golden Line.
Overall, our fixed-line telecommunication subsidiaries demonstrated solid growth in the first half of 2005. The highest growth rate has been seen in new subscribers for ADSL connection, where cumulative growth for MTU-Intel and Comstar United TeleSystems ADSL customers exceeded 68,700, which represents 60% growth from year-end 2004.
The total number of corporate customers across all four companies for the first 6 months of 2005 amounted to more than 97,000, and the total for dial-up customers increased to 361,000.
----------------------------------------------------------------------
Comstar UTS
(MTU-Inform,
Comstar,
Telmos)
----------------
31.12. 30.06.
2004 2005
----------------------------------------------------------------------
Total subscribers 22 077 23 090
Corporate 16 961 17 797
Operators 264 279
Residential 4 852 5 014
----------------------------------------------------------------------
Numbering capacity in use 530 544 573 621
----------------------------------------------------------------------
Dedicated lines 4 121 5 074
Internet 2 006 2 333
E1 and Data Transmission 2 115 2 741
----------------------------------------------------------------------
ADSL lines 1 802 2 278
Corporate 1 802 2 278
Residential (incl. home networks) - -
----------------------------------------------------------------------
Dial-Up 40 743 35 580
----------------------------------------------------------------------
----------------------------------------------------------------------
MGTS
----------------------
31.12. 30.06.
2004 2005
----------------------------------------------------------------------
Total subscribers 3 532 065 3 565 284
Corporate 69 131 68 844
Operators 361 362
Residential 3 462573 3 496 078
----------------------------------------------------------------------
Numbering capacity in use 4 257 829 4 297 524
----------------------------------------------------------------------
Dedicated lines 150 680 160 482
Internet
E1 and Data Transmission 150 680 160 482
----------------------------------------------------------------------
ADSL lines - -
Corporate - -
Residential (incl. home networks) - -
----------------------------------------------------------------------
Dial-Up - -
----------------------------------------------------------------------
----------------------------------------------------------------------
MTU-Intel
------------------
31.12. 30.06.
2004 2005
----------------------------------------------------------------------
Total subscribers 414 571 505 818
Corporate 9 107 10 414
Operators - -
Residential 405 464 495 404
----------------------------------------------------------------------
Numbering capacity in use - -
----------------------------------------------------------------------
Dedicated lines 4 700 5 234
Internet 4 700 5 234
E1 and Data Transmission
----------------------------------------------------------------------
ADSL lines 112 332 180 568
Corporate 9 816 10 414
Residential (incl. home networks) 102 516 170 154
----------------------------------------------------------------------
Dial-Up 302 948 325 250
----------------------------------------------------------------------
----------------------------------------------------------------------
Golden Line
--------------
31.12. 30.06.
2004 2005
----------------------------------------------------------------------
Total subscribers 571 581
Corporate 481 492
Operators 85 85
Residential 5 4
----------------------------------------------------------------------
Numbering capacity in use - -
----------------------------------------------------------------------
Dedicated lines 3 944 4 181
Internet
E1 and Data Transmission 3 944 4 181
----------------------------------------------------------------------
ADSL lines - -
Corporate - -
Residential (incl. home networks) - -
----------------------------------------------------------------------
Dial-Up - -
----------------------------------------------------------------------
----------------------------------------------------------------------
Total
----------------------
31.12. 30.06.
2004 2005
----------------------------------------------------------------------
Total subscribers 3 969 284 4 094 773
======================
Corporate 95 680 97 547
Operators 710 726
Residential 3 872 894 3 996 500
----------------------------------------------------------------------
Numbering capacity in use 4 788 373 4 871 145
------------------------------------------------======================
Dedicated lines 163 444 174 971
======================
Internet 6 706 7 567
E1 and Data Transmission 156 739 167 404
----------------------------------------------------------------------
ADSL lines 114 134 182 846
======================
Corporate 11 618 12 692
Residential (incl. home networks) 102 516 170 154
----------------------------------------------------------------------
Dial-Up 343 691 360 830
------------------------------------------------======================
For further information, please visit www.sistema.com.
Sistema is the largest private sector consumer services company in Russia and the CIS, with over 50 million customers. Sistema develops and manages market-leading businesses in selected service-based industries, including telecommunications, technology, insurance, banking, real estate, retail and media. Founded in 1993, the company reported revenues of US$ 5.7 billion for the full year 2004, and total assets of US$ 8.8 billion as at December 31, 2004. Sistema's shares are listed under the symbol "SSA" on the London Stock Exchange, under the symbol "AFKS" on the Russian Trading System (RTS), and under the symbol "SIST" on the Moscow Stock Exchange (MSE).
Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Sistema. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might" the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to Sistema and its operations.
Source: Business Wire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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