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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Wednesday, August 12, 2009

Russian Revenues Lift MTS

Boosted by rising subscribers, MTS said that its revenue in Russia rose 7% year-on-year to 51.02 billion Russian roubles (1.58 billion US dollars) in the second quarter of 2009. However, MTS lost subscribers in Ukraine, the operator's second largest market, and its revenue there fell 8% year-on-year to 1.98 Ukrainan hryvnia (244 million US dollars). source: MTS statement
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