GLOBUL net revenue for the nine months of 2007 increase by nearly 49% year-on-year to BGN 77 million. The company’s revenues for the period reached BGN 589.08 million, up by 21% year-on-year.

Earnings before interest, taxes, depreciation and amortizations (EBITDA) for the first nine months of 2007 stood at more than BGN 230 million, up by 28,2% on the year.

GLOBUL net revenue for the third quarter of 2007 stood at BGN 29.8 million, compared to BGN 22.1 million in the third quarter of 2006, marking an annual growth of 35%. The company’s third-quarter revenues reached BGN 214.9 million, compared to BGN 181.4 million for the same period of the past year.

GLOBUL subscriber base for the nine months into 2007 increased by 27% year-on-year to 3,657,250. Post-paid subscribers stood at 1,490,911 as of the end of September 2007, up by 56% on the year and representing a 40.8% share of the GLOBUL’s total subscribers. User of GLOBUL pre-paid services stood at 2,166,339 at the end of September 2007, up by 12% year-on-year.

Remarkably, despite the subscriber base growth and the highly competitive market environment GLOBUL blended AMOU for the nine months of 2007 marked an impressive growth of 31% on nth year and reached 92 minutes. This demonstrates the GLOBUL market appeal, especially among corporate customers. The operator’s blended ARPU stood at BGN 19.43.

Throughout the past nine months and in all operations COSMOTE continued driving strong customer additions as a result of the GERMANOS contribution and volume expansion, both resulting in fast revenue growth.

Total subscribers added in all markets in Q3 2007 exceeded 1 million, double the amount added in Q3 2006, leading to total net additions during the nine months of 2007 of almost 3 million. Overall, COSMOTE Group’s customer base has reached 14.1 million, a 42% increase from a year ago. This strong subscriber growth is clearly leading to a faster than anticipated achievement of the 15 million subscriber benchmark, initially targeted for 2009, but now well within reach in the next two quarters.

Consolidated revenue growth for the nine months reached 38.1% y-o-y, and excluding the GERMANOS impact, approximately 14%. In Q3, consolidated revenue growth reached 39%, an acceleration compared to earlier quarters in the year, mainly due to the accelerated Q3 growth in Greece and Germanos sales.