Russian mobile operator Megafon saw its first-quarter net income decline 1.9 percent year-on-year to 10.09 billion roubles (US$359.2 million), despite an 18 percent growth in revenues over the same period. Depreciation charges were largely to blame, said the company. (See MegaFon Reports Q1 and MegaFon Raises Russian Backhaul Stakes .)
Following its appointment of Jo Lunder as CEO a couple of days ago, Russian operator VimpelCom Ltd. has announced a raft of further senior appointments, including: Ahmed Abou Doma as group executive VP and head of the Asia and Africa business unit; Ossama Bessada as group executive VP and head of the Europe and North America Business Unit; and Philip Tohme as group CTO. The appointments come in the wake of VimpelCom's acquisition of Wind Telecomunicazioni SpA. (See VimpelCom Adds to Management Team, VimpelCom Names New CEO and Euronews: March 17.)
O2 (UK) Ltd. suffered a network outage on Tuesday after a theft at one of its operations sites in East London. The network was down from just after midnight until about 4:30 p.m. local time on Tuesday and left customers without service in East London, North London, Kent and East Sussex, according to O2's blog. This is the second major network outage of this nature in the U.K. -- equipment was stolen from a Vodafone UK exchange in Basingstoke. (See Burglars Bring Down Vodafone Network.)
— Paul Rainford, Assistant Editor, Europe, Light Reading
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