С 1 апреля 2011 года ОАО «Уралсвязьинформ» является частью российской национальной телекоммуникационной компании «Ростелеком» и теперь будет осуществлять свою деятельность в качестве ее макрорегионального филиала «Урал»
Ekaterinburg — April 12, 2006 — Uralsvyazinform (RTS: URSI/URSIP, ADR: UVYZY/ UVYZYP), the leading carrier of fixed-line and mobile services in the Urals region, Russia reports the unaudited unconsolidated financial and operational results for the year ended December 31, 2005 under Russian accounting standards (RAS).
Due to the completion of restructuring process of Uralsvyazinform’s subsidiaries, which provide mobile (ZAO Ermak RMS, OOO South Urals Cellular Phone, ZAO Tyumenruscom) and data transmission (OOO Uralscom, ZAO VSNET) services, on June 30, 2005 in the form of consolidation to the parent company, the financial statements of Uralsvyazinform as of 2005 prepared under Russian Accounting Standards comprise property, liabilities and operational results of the consolidated subsidiaries for the 2nd half of 2005.
Revenues increased by 28% over 2004. Further subscriber additions, both in fixed-line and GSM, increased local rates (monthly subscription fees for local services), revenue gains from new services (broadband internet, intelligent networks, cable TV) were the main growth drivers.
OIBDA was up 22% on 2004. As of 2005, OIBDA margin was 34%. Operating margin declined to 25%.
Revenue growth in the main business segments totaled:
Local services — 22%;
DLD/ILD — 6%;
Mobile services — 246%;
New services (Internet, data transmission and others) — 94%;
At the year-end, overall subscriber base totaled 7.3 million, including 3.7 mln in GSM.
In the course of the year the company placed two bond issues worth RUR 4 bln (RUR 2 billion each). The coupon rates for these issues are 9.19% and 8.20% pa, respectively.
On May 13, 2005 Uralsvyazinform started an NGN network development plan, based on Nortel network solutions. From this point on, the company will use this technology to develop its fixed-line networks. We expect that our network will be fully triple-play capable (voice, data and video) by 2007.
September 1, 2005 — Federal Tariff Agency established new tariffs for local and long-distance services. As a result, monthly subscription fee for local lines increased by 22% for residents and by 16% for organizations, on average. Meanwhile, long-distance tariffs decreased by around 5% for all subscriber categories.
October 20, 2005 — Uralsvyazinform’s Board of Directors approved the restyling concept for the company, according to which a single trademark for mobile and value-added services, including Internet — Utel - was introduced.
Operational and financial highlights:*
*Here and henceforth currency conversions are based on average exchange rates: 2004 — RUR28.8, 2005 RUR 28.3
**including subsidiaries
Anatoly Ufimkin, CEO commented the results of the year: ’In general, we have performed well meeting the targets for the year. 2005 was a great success in a sense that we completed major business reorganization plan, the largest since the merger of Urals telecoms in 2002. Today, Uralsvyazinform is a truly single company that combines the whole scope of telecommunication businesses - fixed-line, mobile, data transmission and new services. The launch of Utel, a single trademark for mobile and new services, has therefore been a logical outcome of that consolidation process. It is our mobile and internet businesses that have pushed the company’s growth, and our intention is to maintain this tendency in 2006. From this perspective, our objective for this year is to attract up to 200 thousand xDSL customers and to add 750 thousand GSM subscribers.’
Mr Ufimkin has also emphasized that increased business efficiency should remain in the primary management focus for the year in progress. This year, the company is cutting the capital investment down to about US$ 200 million, as most of capital-intensive projects have been completed. For example, Uralsvyazinform has finished building the digital backbone network, and implemented over 16 thous. km of digital lines over the last 3 years - thus, providing practically every city in the region with up-to-date digital lines. The company is also planning to reduce its staff numbers by around 10% as a result of upgrades to infrastructure and equipment, as well as outsourced sales and customer service.
To proceed with Operational and Financial Review please .
Complete financial statements are available from the section.
For additional information, please contact IR department on tel. (007 343) 379 1219, 379 1859 or e-mail: [email protected]. The most recent company information is also available at www.uralsviazinform.com, www.skrin.ru (complex disclosure information system) or URSI_RU page in Bloomberg system and URSI.RTS page in Reuters system.
