Rostelecom says raises 2019 revenue, OIBDA guidance to 3% - Telecommunications - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

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)

End

02.08.2019 09:57
 
 
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