MOSCOW, April 9 (RIA Novosti) -- Euroset [RTS: TDEV] said in a statement Monday that its sales in the first quarter of 2007 increased 49%, to $1.3 billion.

In January-March 2007, Russia's largest cell phone retailer sold 3.1 million mobile handsets, up 35% against the same period last year, and 3.1 million SIM cards for cellular operators, down 8%, year-on-year.

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