Rostelecom says raises 2019 revenue, OIBDA guidance to 3%
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 AprilЦJune 2019, Anokhin said.
The capital expenditures forecast remained the same at 65Ц70 billion rubles in 2019 taking into account 7 billion rubles of Уregulatory capital expenditures and without taking into account implementation of state programs,Ф the company said.
(63.8340 rubles Ц U.S. $1)