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Multimedia Polska, a Polish cable company, has announced it has attained its goal of a million revenue generating units (RGUs), 39,000 RGUs of which were sold in the first three months of 2008.
Telefonica O2 Czech Republic has reported net profits of CZK 2.43 billion (USD 153.8 million) for Q1 2008, up 5.4 percent from CZK 2.31 billion in the same period 2007; a profit figure markedly below analyst expectations of CZK 2.65 billion in a Thomson Financial News poll.
Zapp, a CDMA operator in Romania who also runs a network of Wi-Fi hotspots around the country, have launched 60 new public wireless LAN hotspots under a deal with petrol station company OMV.
A 570km international cable link between Japan and Russia is set to be switched on in June.Japan’s NTT Communications and TransTeleCom of Russia deployed the cable at a cost of USD 50 million, connects Hokkaido and Sakhalin.
Uralsvyazinform has reported an 87.5 percent year-on-year rise in net profits for 2007 to USD 144 million. EBITDA rose 41.8 percent to reach USD 517 million and revenues climbed 22.7 percent to USD 1.53 billion. The figures were prepared under Russian Accounting Standards (RAS).
MegaFon, Russia’s third largest cellco by subscriber, has reported a 70 percent year-on-year rise in its net profits for 2007, bringing them up to USD 1.4 billion.
Albtelecom has confirmed that it has signed a EUR 100 million (USD 159 million) loan from two banks to upgrade its network and increase capacity.