Articles tagged with: Mts
Mobile TeleSystems Sees 3rd-Quarter Profits Down 4%
Russia's Mobile TeleSystems has reported a 4.1% drop in its 3rd-quarter profits as the weaker rouble increased the interest costs on its dollar-denominated loans and bonds. Revenues fell by 19.4% compared to a year ago to $2.27 billion, but was up 12.1 on the previous quarter. more
Related Tags: broadband, Russia
Belarus Awards 3G Radio Spectrum to Operators
Two of Belarus' network operators are to be granted 3G radio spectrum, the local official news agency reported. more
Related Tags: velcom, 3g-license, security, radio, Belarus
Sistema Closes Transaction With MTS To Sell Stake In Comstar-UTS
Russia's Sistema Group says that it has completed the sale of a 50.91% stake in Comstar-UTS to mts for RUB 39.15 billion (approximately US$1.32 billion). As the result of this transaction Sistema Group's total shareholding in Comstar-UTS was transferred to mts. more
Related Tags: sistema, comstar-uts, Russia
MTS India Expands Network Coverage to Jharkhand
mts India has expanded its network coverage to include the state of Jharkhand. In India, mts already has a subscriber base of over 1.7 million and is present in 6 telecom circles including Bihar, Kolkata, West Bengal, Rajasthan, Tamil Nadu, and Kerala. more
Related Tags: bihar, kolkata, west-bengal, rajasthan, tamil-nadu, jharkhand, kerala, base, India
MTS Q2 Profits Down 15% Due to Currency Changes
Russia based mobile network operator, mts has reported second-quarter revenues of US$2.02 billion - down 23% on the year ago. Net income was down 15% at US$563 million, largely to the depreciation of the ruble - but up sharply on Q1, when the company reported US$53 million loss. more
Related Tags: Russia
Fitch Maintains Russia's MTS on Ratings Watch Negative
Fitch Ratings says that it is maintaining Russia's mts on Rating Watch Negative (RWN) following news that it is to buy a controlling stake in landline operator, Comstar from its parent company, Sistema. more
Related Tags: comstar-uts, sistema, fitch-ratings, Russia
Russia's MTS Buys Controlling Stake in Landline Operator
Russian mobile network operator, mts is to buy the 50.91% stake in landline operator, Comstar-UTS that is held by their mutual parent company, Sistema. The company will pay around US$1.272 billion for the controlling stake. more
Related Tags: comstar-uts, sistema, Russia
MTS Branded Operators Passes 100 Million Subscriber Landmark
The number of mobile phone subscribers connecting to a network operating under the mts brand has surpassed 100 million. Since the foundation of mts company in Russia in 1993, mts brand has launched and developed in seven countries - Armenia, Belarus, India, Russia, Turkmenistan, Uzbekistan and Ukraine. more
Related Tags: base
Russian Government May Buy Svyazinvest Stake
Russia's telecoms market faces a shake-up after further details emerged that could result in conglomerate, Sistema swapping a quarter of landline firm, Svyazinvest and half of CDMA operator, SkyLink for a 23% stake in Moscow landline operator, Moscow City Telephone Company (MGTS) along with the cancellation of debts of around US$826 million owed to Sberbank. more
Related Tags: svyazinvest, vimpelcom, megafon, comstar, sistema, Russia
Russian Subscriber Growth - On the Brink of a Slowdown?
In the first quarter of 2009, the Russian market surpassed 190m customers and almost reached 135% penetration. The end-quarter total customer base of 190.65m was up by 22.81m year on year and the penetration rate of 134.8% was 16.6pp higher than the year-earlier figure. These are both strong gains, and they seem to indicate that growth is continuing unchecked. However, the quarterly figures suggest that Russia may be on the brink of a slowdown. more
Related Tags: vimpelcom, megafon, tele2, svyazinvest, uralzvyazinform, -sibirtelecom, volga-telecom, volga, Russia
