Tuesday, January 15, 2008

Comstar Double is Broadband Base to 695,000 in Moscow

Comstar, the leading fixed-line telecommunications company in Moscow both in terms of revenues and subscribers, announced that its broadband Internet subscriber base almost doubled year on year to 695,000 users in Moscow by the end of 2007.

A total of 228,000 net new subscribers were added in the fourth quarter alone, which was nearly five times as many net additions as in the fourth quarter of 2006.

The 651,000 residential subscribers accounted for 94% of Comstar's broadband subscriber base at the year end. 198,000 net new residential broadband subscribers were added in the fourth quarter, including more than 66,000 new subscribers signed up by MGTS. Internet connection speeds of 1 Mbps or above were chosen by 97% of the new broadband residential subscribers signed up during the fourth quarter of 2007.http://www.comstar-uts.com