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Articles tagged with: Mts and Mobile Telesystems
Russia's MTS Profits Rise Slightly - Lowers Forecast
Russia's Mobile TeleSystems (mts) has reported that its revenues for the second quarter of this year rose by 13% to reach US$3.13 billion. Net income was up by 3% to US$367 million, inline with OIBDA growth. more
Related Tags: Russia
Fitch: MTS's Ratings Unlikely to Be Affected by Subsidiary's Finance Problems
Fitch Ratings says that the ratings of Russia's Mobile TeleSystems's (mts) are unlikely to be affected by a court ruling against its subsidiary company, mts Finance. On 5 January 2011, an arbitral tribunal issued a final ruling against mts Finance, a Luxembourg company that was used as a vehicle to issue 2012 US$400 million bonds guaranteed by mts. mts Finance is liable to pay US$176 million plus interest and related costs, amounting to approximately US$210 million in total. more
Related Tags: fitch-ratings, court, Russia
Russia's Mobile TeleSystems Swings Back into Profit
Russia's Mobile TeleSystems (mts) has reported that its first-quarter revenues rose by 23% to US$2.61 billion, while its net income reached US$381 million, compared to a loss of US$53.5 million a year ago. The group attributed the return to profit to revenue growth and absence of significant currency movements during the quarter. more
Related Tags: 3g-network, Russia
MTS Full-Year Profits Down by 50%
Russia's Mobile TeleSystems (mts) has reported a 17.5% drop in its full-year revenues for 2009 to US$9.8 billion, while profits halved to US$1 billion. For the fourth-quarter of 2009, revenues were up 3.8% compared to the previous quarter, although the company booked a net loss of US$26 million. more
Russia's MTS Gets Approval to Buy Landline Operator
Russia's Mobile TeleSystems (mts) says that it has received approval from the Federal Anti-Monopoly Service (FAS) to acquire the Russian landline operator, Comstar UTS, based on its application filed on May 22, 2009. more
Related Tags: comstar, sistema, Russia
Russia's Mobile TeleSystems (mts) has announced the launch of the first phase of its 3G network in Moscow. The first indoor network was launched in Expocentre, one of the largest exhibition centers in Eastern Europe. more
Related Tags: 3g, moscow, indoor, 3g-network, planning, Russia
MTS Slumps to Q1 Loss on Foreign Exchange Losses
Russia's Mobile TeleSystems (mts) has reported that its first-quarter revenues dropped by 24% to US$1.8 billion, due to local currency depreciation and seasonal factors. The company also reported a net loss for the quarter of $57.7 million, compared to a profit of US$610 million a year ago. The loss was due to US$462.4 non-cash foreign exchange losses through US GAAP translation of US dollar-denominated debt. more
Related Tags: Russia
Russian mobile network operator, Mobile TeleSystems (mts) has acquired the mobile phone retail chains, Eldorado Centr and Eldorado Communications Store from Tenteco Limited (Cyprus) and Kilcherex Holdings Limited (Cyprus). more
Related Tags: itu, tim, Russia
MTS Takes Total Ownership of Dagestan Mobile Operator
Russia's Mobile TeleSystems (mts) says that it has acquired the remaining 25.01% stake in its subsidiary in Dagestan from Glaxen Corp., increasing the Company's ownership to 100%. more
Related Tags: gsm, borders, dagestan, option, Russia
Sitronics To Supply Convergent Services Platform to MTS Uzbekistan
Russia's Sitronics has signed a two year agreement with mts Uzbekistan, a daughter company of Mobile TeleSystems (mts) to supply a MEDIO IN/OCS convergent services platform, for a total consideration of more than US$18 million. more
Related Tags: sitronics, oss, billing, Uzbekistan
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