operator results N59

Wind (Italia) reported full-year revenues of €4.7bn (+7.6%), of which telecom account for € 4bn.

MGTS (Russia) saw 2004 revenues growing 17% to $537m, while net profit declined 3% to $ 67m.

Rostelecom (Russia) posted 2004 revenues of $ 1.34bn (+25%) and net profit of $ 258m (down 8.6%).

Sibirtelecom (Russia) reported mobile revenues of $ 149m and customer base doubling to 987,000. ARPU declined to $ 22.6 (-13%).

China Netcom posted 2004 revenues of $ 7.8bn (up 8.3%), net profit of $ 1.1bn (vs. loss of $ 1.3bn), a fixed-voice subscriber base of more than 80m and 6.2m broadband users. Its 2004 capex was $2.56bn, and it targets 2005 and 2006 capex of $ 2.58bn (+1%).

China Telecom is expected to invest $ 1.4bn in telecom equipment capex this year.

Bharti (India) plans to spend about $ 870m this year in capex.