MTS had 2.2 million broadband internet customers at the end of September, up 10% year-on-year.
Sistema Mass Media’s pay TV offering Stream-TV saw its subscriber base grow by 22% year-on-year to 7.2 million at the end of the third quarter. The proportion of revenue accounted for by advertising grew by 5.4 percentage points to account for 15.9%. Sistema Mass Media’s overall revenues declined by 56.3% year-on-year to US$13 million (€10 million) as a result of reduced sales of TV series at Russian World Studios.
MTS as a whole posted revenues of US$3.132 billion for the third quarter, down 4.4% year-on-year. Operating income dropped by 4% to US$829.6 million as a result of depreciation of the Russian ruble. ARPU in Russia grew by 8.7% year-on-year in local currency to RUB313 (€7.80) during the third quarter.
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