Mobile TeleSystems Public Joint Stock Company (MTS Group), a publicly owned telecommunications group founded in 1993, is headquartered in Russia. Employing approximately 9,600 people, MTS offers mobile and fixed-line voice services, broadband internet, pay television, and various content and entertainment services across Russia, Eastern Europe, and Central Asia. Its services reach mobile subscribers in Russia, Ukraine, Uzbekistan, Turkmenistan, Armenia, and Belarus. The company's shares are listed on the New York Stock Exchange (MBT) since July 2000 and on the Moscow Interbank Currency Exchange (MICEX, MTSI) since November 2003. In 2023, MTS reported revenues exceeding $1 billion.
MTS announced its fourth-quarter and full-year 2024 financial and operating results will be released on March 5, 2025. The company's net sales in 2021 were primarily generated from mobile telecommunications services (75.9%), followed by equipment and accessory sales (14.4%), financial services (8.7%), and other services (1%). At the end of 2021, MTS had 82.7 million subscribers, with 80.5 million in Russia and 2.2 million in Armenia. Russia accounted for 97.4% of net sales. On an unspecified date, the National Credit Ratings LLC (NCR) reaffirmed MTS's credit rating and its bonds at AAA.ru, the highest level of creditworthiness, with a stable outlook. This rating was reaffirmed again on an unspecified date.
MTS Group offers 3 products in the media and telecoms services industry. MTS Group's product portfolio comprises of streaming services, broadcast television and radio and pay TV services.
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MTS Group's revenues were $15.3B in 2023. Caretta Research has split MTS Group's revenue into 3 different product categories, the largest of which is linear (thematic channel groups), which represents 71% of MTS Group's revenue.
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