Russian-backed cellco MTS Uzbekistan has reported revenues of USD115.7 million for the first quarter of 2012, up 5% year-on-year. With operating income before depreciation and amortisation (OIBDA) declining 9.4% y-o-y to USD51.3 million, however the company recorded a net loss in January-March of USD2.1 million.
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OVETEL MTS Uzbek books USD2.1 million net loss for Q1 2012
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