News

MTS adds to TV base

Stuart Thomson

Russian service provider MTS had 1.822 million TV customers at the end of last year, up 32,000 quarter-on-quarter and 67,000 year-on-year.

The company had 3.053 million fixed broadband subscribers at the end of 2017, along with 3.206 million fixed phone subscribers. MTS had 78.3 million mobile phone customers, a small year-on-year decline. However, mobile internet users increased as a proportion of the total to 53.2%.

MTS’s group revenue for the full year was RUB442.9 billion (€6.24 billion), up 1.7%, while operating income before depreciation and amortisation was RUB179.8 billion, up 6.2%.

Alexei Kornya, the company’s new president and CEO, said that 2017 was “truly an exceptional year” thanks to “a stable macroeconomic environment in our key markets and improving customer sentiment”.

Tags: MTS, Russia

Related Content