Gars Telecom consolidated revenues in the first half of the year was 189’563’964 rubles. This rate is 62 per cent higher than 116’694’001 rubles in the last year same period.

According to the first half of the year results the total area where Gars Telecom renders services is at the point of 1’277’500 squire meters in 72 business centers of Moscow and Saint-Petersburg. For the 6 months of the current year Gars Telecom has updated product range with the original solutions which are oriented on the corporate market, — wireless video-monitoring service Dozor, Videophone service and also innovation wireless broadband mobile secured access service “3G Office”.

Revenues dynamics associates in the Company with the “Maximum overdrive strategy” that was accepted in the beginning of the year. “Within the bounds of the new strategy Gars Telecom plans develop actively at the own segments aiming to occupy not less than 20 per cent in the capital business centers telecommunication market, to enter cities with million population and to increase essentially company capitalization, — tells Pavel Gorenkov, Gars Telecom CEO. — Our work efficiency is proved by the dynamics rates increasing for the 1H”.

Smart capacious services have become for Gars Telecom the first item by the revenues for the second year. Among them are outsourcing of the telecommunications services, telecom-consulting and audit, and also integration projects. The share of revenues by this item has shown stable growth: 23,6% — 1H 2004 (18’208’730 rubles), 28,4% — 1H 2005 (26’551’115 rubles), 32,3% — 1H 2006, (37’692’162 rubles). By the 1H 2007 year results this item is equal 39% company revenues or 73’929’946 rubles.

Gars Telecom gain from data transmission and internet access services has increased twofold in comparison with the last year rates. So, in the first half of the 2007 this gain is 32,2% of the consolidated revenues or 61’039’596 rubles against 15,9% 18’554’346 rubles in 2006.

Revenues share of the traditional and mobile telephony services rendering decreased in comparison with the same period of the last year up to 19,3% that is 28,8% (27% by the 2006 year results) or 54’594’422 rubles. “New regulations for the long-distance communications rendering continue influence on revenue distribution, — notes Dmitry Aleksandrov, Gars Telecom Commercial Director. — Along with the last year results, about 20-23% of the telephony eventual revenues are in long-distance telecom-carriers”.

By the 1H results company for the sequent time proved status of the one out of the ternary professional telecom-companies for the commercial real estate market. Gars Telecom consultants are traditionally among Estimating Committees of the core Russian commercial estates awards (follows alphabetically) — Building Awards, Commercial Real Estate Awards, Professional Media Awards.

“Gars Telecom Company successfully has begun regional expansion. In April Saint-Petersburg representative office was opened, and it is planned to open office in Rostov-on-Don in autumn, — reports Ruslan Aliev, Gars Telecom Development Director. — Second half of the year traditionally is more efficiency for the company as by the revenues and projects for the future as well. that is why we forecast 14 MUSD revenues that will allow reaching physiologically important point of the 30 MUSD capitalization”.

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Gars Telecom profile: telecommunication management, integration projects realization and telecommunication services rendering. Company is oriented to cooperate with big-sized corporate clients and telecom-carriers. Along with tradition telecom-services company renders services in telecom-consulting, outsourcing of the communication services and telecom-infrastructure, and also telecom-budget management.

Company exclusively realizes in Russia specialized telecom-solutions for commercial real estate market that fit international BLEC standard (Building Local Exchange Carrier), and develop telecom-consulting practice in Russian development market. In February, 2007 the total amount of the serviced area overpassed 1 000 000 squire meters.

Since 2003 Gars Telecom has become the only Russian Virtual Mobile Network Operator for corporate sector. The host provider is Megafon.

Among key corporate customers are TNK-BP, RussNeft, Alliance Oil Company, Ehrmann, JVC, GoodYear, Ideal Standard, Kalinka-Stockmann, MosFilm, TeliaSonera, Interros, IG “Eurasia”, FIAT, Schneider Electric, Eksmo and over 70 business centers.