MOSCOW, Aug 2 (PRIME) -- Russian telecom giant Rostelecom has raised its 2019 revenue and operating income before depreciation and amortization (OIBDA) guidance to 3% from 2.5%, the company said in a statement on Friday quoting CFO Sergei Anokhin.
The company improved the forecast due to a robust performance in April–June 2019, Anokhin said.
The capital expenditures forecast remained the same at 65–70 billion rubles in 2019 taking into account 7 billion rubles of “regulatory capital expenditures and without taking into account implementation of state programs,” the company said.
(63.8340 rubles – U.S. $1)
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