MGTS earned unlimited tariff
Yesterday, August 14, the financial statements of MGTS for the first half of 2007 according to RAS were published. Compared to the first half of 2007, the company's revenue grew by 22% to 13 billion rubles, net profit - by 19% to 3.3 billion rubles. Compared with the first quarter, revenues for the second quarter increased by 5.8% to 6.7 billion rubles, net profit - by 8.4% to 1.7 billion rubles.
The increase in revenue in the II quarter, as follows from the statements, is explained by the introduction of new tariffs. They accounted for 74% of growth, or 271 million rubles. In the wake of the introduction of new fixed-line tariffs on February 1 of this year, MGTS won more than the interregional companies (RTOs) of Svyazinvest, according to analyst Anna Kurbatova. "If MGTS revenues in the II quarter increased by 5%, then the ISCs - by 2-3%," - said Kurbatov. This is explained by the fact that the majority of subscribers of RTOs have chosen cheaper time-based and combined tariff plans, while the high unlimited tariff has chosen only 15-20%. In MGTS, this figure is an order of magnitude more - 53%, while the company has the highest unlimited tariff - 380 rubles. per month.
At the same time, due to an increase in the cost of traffic transmission, the gross profit of MGTS in the second quarter decreased by 5% compared to I quarter to 2.9 billion rubles, and profitability decreased from 37.4% to 30%.
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Director of Investor Relations of Comstar-UTS, Maria Eliseeva, explains these costs by approving the new interconnect rules by Rossvyaznadzor in the summer of 2006. After the release of the resolution of Rossvyaznadzor, MGTS could not set prices for interconnection and traffic transmission, and had to reduce this fee, for example, to organize an E1 interconnection point (30 telephone connections) for an alternative operator from 1.05 million rubles. up to 30 000 rubles
via Vedomosti
The increase in revenue in the II quarter, as follows from the statements, is explained by the introduction of new tariffs. They accounted for 74% of growth, or 271 million rubles. In the wake of the introduction of new fixed-line tariffs on February 1 of this year, MGTS won more than the interregional companies (RTOs) of Svyazinvest, according to analyst Anna Kurbatova. "If MGTS revenues in the II quarter increased by 5%, then the ISCs - by 2-3%," - said Kurbatov. This is explained by the fact that the majority of subscribers of RTOs have chosen cheaper time-based and combined tariff plans, while the high unlimited tariff has chosen only 15-20%. In MGTS, this figure is an order of magnitude more - 53%, while the company has the highest unlimited tariff - 380 rubles. per month.
At the same time, due to an increase in the cost of traffic transmission, the gross profit of MGTS in the second quarter decreased by 5% compared to I quarter to 2.9 billion rubles, and profitability decreased from 37.4% to 30%.
')
Director of Investor Relations of Comstar-UTS, Maria Eliseeva, explains these costs by approving the new interconnect rules by Rossvyaznadzor in the summer of 2006. After the release of the resolution of Rossvyaznadzor, MGTS could not set prices for interconnection and traffic transmission, and had to reduce this fee, for example, to organize an E1 interconnection point (30 telephone connections) for an alternative operator from 1.05 million rubles. up to 30 000 rubles
via Vedomosti
Source: https://habr.com/ru/post/13230/
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