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(From Telecompaper Europe)
MTS Ukraine posted revenues of USD 351 million for the first quarter, up 11 percent from USD 317 in Q1 2006. The growth was slightly lower due to increasing competition and seasonal impact. MTS Ukraine contributed 20.2 percent of MTS group revenues. OIBDA went up 17 percent to USD 168.4 million from USD 143.7 million on cost initiatives and reduced handset subsidies. Net income went up ...