MegaFon's Revenue Up 3%

MegaFon, Russia's third largest mobile operator, reported a 3% year-on-year increase in revenue to 43.9 billion roubles (1.41 billion US dollars) in the second quarter of 2009, as its subscribers rose 17% to more than 45 million. Average minutes of use fell 5% year-on-year, but rose 6% from the first quarter. source: MegaFon statement