MTS Group

News Summary:

MTS reported that its MTS Savings service achieved RUB 18.8 billion in account deposits during the first half of this year, a fourfold increase from the previous year. The service, which offers a 15 percent annual interest rate, attracted over 86,000 customers and is accessible to subscribers of all Russian operators, with 9 percent of customer accounts holding 22 percent of all savings. Earlier on July 20, the operator announced it modernized its mobile network along the 340.6-km Moscow Central Ring Road, ensuring LTE services are available across the entire motorway. This upgrade involved a 17 percent year-on-year increase in base stations, bringing the total to approximately 130 operational stations, and expanded network coverage by 16 percent. Previously, on July 17, MTS formed a strategic partnership with property developer Tekta Group to integrate digital solutions—including security, utility infrastructure management, resource accounting, and digital services for residents, tenants, and management companies—into a single system for Tekta Group's residential complexes and business centers in Moscow. This followed an announcement on July 16 that MTS expanded its fixed broadband network in Perm, providing up to 1 Gbps access to an additional 5,500 households in 36 apartment buildings, building on earlier gigabit coverage for 4,000 households in the city.