JSC North-West Telecom’s Board of Directors Approved the Forecast of JSC North-West Telecom Development for the Years 2007 – 2010(12)
OREANDA-NEWS. The Board of Directors of JSC North-West Telecom approved the Forecast of JSC North-West Telecom Development for the Years 2007 – 2010(12).
The approved Forecast of Development has been made up taking into account the priorities of company's marketing, engineering and financial policies and establishes the following key figures:
• a subscriber base of at least 4.5 million subscribers by 2010;
• a growth of EBITDA and OIBDA margin by at least 1 p.p. annually, so that by the year 2010 the EBITDA profitability is at least 39%, and the OIBTDA profitability is at least 44%;
• net profit profitability - at least 10%;
• a volume of investment not exceeding RUR 6 billion per year with an emphasis on investment ensuring a growth of the company's income within a medium-range forecast and using the procedure s of control over investment efficiency.
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