MegaFon has reported over the past year


OJSC "MegaFon", the Russian telecommunications operator, announced its consolidated financial results for the fourth quarter and the whole of last year 2011. According to the company, she has achieved high financial performance and has demonstrated strong growth:

As a result of 2011 consolidated revenues increased by 12.6% compared to 2010 and reached 242,608 million rubles.
Indicator OIBDA (Operating Income Before Depreciation And Amortization - Operating income before depreciation and amortization) in 2011 grew by 3.1% to 100,822 million rubles, which is a record value of the company's history.
OIBDA margin for 2011 is up 41.6% compared to 45.4% in 2010.
Net income in 2011 amounted to 43,579 million rubles, down 11.4% year on year.
Free cash flow in 2011 reached 24 412 million rubles.
The net positive cash position at December 31, 2011 is 45,689 million rubles.
The number of mobile subscribers at the end of 2011 for the year increased by 9.6% to 62.8 million