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Russia's Rostelecom Raises 2015 Forecasts
2015-05-22 04:56:49| Telecom - Topix.net
Russian state-controlled telecoms provider Rostelecom lifted its 2015 revenue and profitability forecasts on Thursday, citing improving macroeconomic conditions and a decreasing cost of capital. Rostelecom now sees revenues growing this year, having previously forecast flat sales, and a core profit margin of 33-34 percent compared with its earlier guidance for a margin on operating income before depreciation and amortisation of above 30 percent.
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Category:Telecommunications