Articles tagged with: Mobile Telesystems and Capex

Russia's MTS Profits Down on Currency Losses - Delays Network Upgrades

Russia's Mobile TeleSystems (MTS) has reported a 21% drop in 3rd quarter net profits to US$515.6 million, which the company put down to currency losses on its US dollar debt. Consolidated revenues were up 27% y-o-y to US$2.8 billion due to subscriber additions, rising voice traffic and VAS adoption throughout the Group  more

Related Tags: edge, mts, hspa, vas, moscow, Russia

FOCUS: MTS may fire Sidorov amid poor stock performance

MOSCOW, April 11 (Prime-Tass) -- Russia's largest mobile operator Mobile TeleSystems (MTS) is rumored to be seeking to replace its president, a move that has been widely expected by the market for many months. MTS' President Vasily Sidorov did much to develop the company, but the most recently released financial results of MTS were disappointing to investors and the stock plummeted. more

Related Tags: alfa, sistema, mts, number-portability