Rostelecom's second quarter net profit down 19 pct to 8.55 bln rbls

© RIA Novosti . Ruslan Krivobok  / Go to the mediabankRostelecom
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Russian long-distance operator Rostelecom posted a second quarter IFRS net profit of 8.55 billion rubles, down 19 percent year-on-year, Rostelecom said on Thursday.

Russian long-distance operator Rostelecom posted a second quarter IFRS net profit of 8.55 billion rubles, down 19 percent year-on-year, Rostelecom said on Thursday.

On April 1, 2011, Rostelecom completed a merger with seven inter-regional companies, formerly owned by state-owned telecoms holding Svyazinvest and regional operator Dagsvyazinform.

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