MTS | Russia

Business Description

Mobile TeleSystems (MTS) is a leading telecoms operator in Russia and the CIS. MTS and its subsidiaries service more than 107 mln mobile subscribers in Russia, Armenia, Ukraine, Turkmenistan, Uzbekistan and Belarus, and also provide fixed-line telephony, internet, cable TV services in Moscow (MGTS brand) and all federal districts of Russia. In 2015, MTS entered the market of systems integration and satellite TV.

MTS remains the leading operator among Russia’s “Big Three” by revenue and OIBDA. In 2015, MTS’s mobile subscriber base in Russia grew by 3.6%. MTS Russia continued to generate strong income growth with a 4.4% increase year-on-year, including 2% growth of revenue from the mobile business. Revenue from the mobile data segment increased by 19.8% in 2015 year-on-year.