Articles tagged with: Mobile Telesystems and Edge

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: capex, mts, hspa, vas, moscow, Russia