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Russian company MegaFon reported a 45.7% drop in its Q4 net profit.
The company's quarterly net profit declined to 10.1 billion rubles ($278 million), while revenue rose 11.4% to RUB79.7 billion.
MegaFon's operating income before depreciation and amortization also slipped 2.9% to RUB30.5 billion.
Its revenue for 2013 jumped 9.1% to RUB297.2 billion.
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