MTS revenues up 16.6% year-on-year to $2.77bn in 2Q10
MTS saw a 16.6 per cent year-on-year increase in consolidated revenues in 2Q10 to $2.77bn. Consolidated OIBDA was also up 11.7 per cent year-on-year to $1.24bn.
Russia’s mobile operators are moving to IP backhaul to deal with explosive growth in data traffic. Leading Russian carrier MTS (Mobile TeleSystems) said this week that it is expecting 86 per cent growth in Russian data traffic by 2015, forcing a strategic focus on network transport.
Russia’s leading telecoms provider, MTS has joined the Wholesale Applications Community (WAC), an international alliance of telecommunications companies committed to building a global open platform for development and distribution of mobile applications.
MTS saw a 16.6 per cent year-on-year increase in consolidated revenues in 2Q10 to $2.77bn. Consolidated OIBDA was also up 11.7 per cent year-on-year to $1.24bn.
Nokia Siemens Networks has struck a deal with Russian carrier MTS for what the firms say is the first full network outsourcing contract to be signed in that country.
Garrett Johnston, group director of strategic marketing for Russian operator MTS, talks openly about the threats to existing carrier business models and what needs to be done to overcome them.
Russian investment house Sistema said Tuesday that it has sold its 50.91 per cent stake in leading Moscow fixed line broadband provider Comstar UTS to Mobile TeleSystems (MTS).
Leading Russian operator Mobile TeleSystems (MTS) said this week that it has switched on its first phase 3G network in Moscow.
MTS, the largest mobile operator in Russia and the CIS has bought high street retail chain Telefon.Ru outright for $60m. Telefon.Ru operates 512 stores in 160 Russian cities, selling airtime contracts, handsets and other consumer electronics. The $60m price tag includes $25m for inventory reserves, MTS said, and will be supplemented by a further $25m [...]
Cynthia Gordon, chief marketing officer of MTS, talks about managing the direction and strategy of one of the largest carriers in Russia and the CIS. The only British and only female member of the senior management team at Mobile Telesystems (MTS)-the largest mobile phone operator in Russia and the CIS-Cynthia Gordon seems unfazed by the [...]