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Net revenues of Russia's Megafon up 85%

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MOSCOW, October 28 (RIA Novosti) - Major Russian mobile phone operator Megafon reported $187.5 million of net revenues in the first six months of this year, up 85% on $101.6 million in 2004, the London Stock Exchange said on its Web site Friday.

Megafon's profits increased by 65% to $1,025.1 million against $620.3 million in January-June 2004.

EBITDA index is $458.2 million, 71% up on 2004.

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