Last update: 02.07.2024 02:02 (GMT+3)

Eesti Telekom: Financial results of EMT 03/99

30.04.1999, Eesti Telekom, TLN
EESTI TELEKOM
ANNOUNCEMENT
30.04.99


FINANCIAL STATEMENTS OF ESTONIAN MOBILE TELEPHONE COMPANY (EMT) IN Q1
1999

Estonian Telecom’s subsidiary EMT generated net profit EEK 98.7
million in the first quarter of 1999, that is 16.4 % more than the
respective result year ago (the statements are not audited). The net
sales of EMT was up by 21.5 % respectively and totalled EEK 346.4
million during the same period.

In the first three months of 1999, the total number of EMT
subscribers increased remarkably and was 174 000 on April 1, 1999.

As of April 29, 1999 the subscriber base exceeded 180 000.




Raul Kalev
Manager
Public Relations

Tel: +372 64 60 220

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