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ER-Telecom announces financial and operating results for 9 months of 2021
17 November 2021
ER-Telecom announces financial and operating results for 9 months of 2021

For 9 months of 2021, consolidated revenue increased by 25% compared to the same period last year and reached rub 48,003 million. OIBDA was 20,497 million rubles. The OIBDA margin was 43%.

Andrey Kuzyaev, President of JSC ER-Telecom Holding, commented on the results:

«In accordance with the company's strategy, the B2B segment is a key growth factor. We are increasing investment in infrastructure to ensure our sustainable technology leadership. I am sure that starting from the 4th quarter of 2021 and in general over the year we will show growth in the B2C segment».

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