MTS grows revenues 4% in Q3

News Wireless Russian Federation 19 NOV 2013
MTS grows revenues 4% in Q3
Russia and CIS mobile operator MTS reported third-quarter revenues grew by 4 percent year-on-year to RUB 103.4 billion. In its home market Russia, revenues rose 3.7 percent to RUB 91.5 billion, and mobile services revenues were up 6 percent to RUB 70.3 billion. The company also got a boost from 45 percent growth in data service revenues, to RUB 13 billion. 

Group OIBDA increased by 5 percent to RUB 46.3 billion, and the OIBDA margin grew by 0.3 percentage points to 44.8 percent. OIBDA totaled RUB 41.5 billion in Russia, up by 3.6 percent. MTS said the results support its full-year outlook for at least 5 percent revenue growth and an OIBDA margin of at least 43 percent. 

Quarterly net profit reached RUB 18.079 billion, down by 10.4 percent due to a forex gain in the year-earlier period. Free cash flow for the first nine months of the year totaled RUB 72.2 billion, a 51 percent increase year-over-year. MTS said cash flow will come under pressure in Q4 when it steps up capital expenditure. 

Capex for the first nine months reached RUB 43.913 billion or 15 percent of revenues and MTS forecast this to grow to around 20 percent of revenue in the full year as it continues its LTE roll-out in Russia and GPON expansion in Moscow. 

Categories:

Mobile

Companies:

MTS

Countries:

Russian Federation

Tags:

Voice services, Data services, Financial figures, Internet Access

Related Articles

RUSSIAN FEDERATION 4 FEB 2014

MTS raises dividend forecast on Russian growth prospects

Russia and CIS operator MTS said it expects to pay more in dividends to shareholders in the coming years, as solid growth in its main markets supports on increase in cash flow. At an investor day in Moscow, MTS said it expects to pay out at least RUB 90 billion over 2014 and 2015, higher than previous years thanks to a rise in free cash flow and strong operating results. For 2014, MTS forecast 5 percent growth in its revenues and OIBDA growth of at least 6.5 percent. This is expected to slow in the followin

RUSSIAN FEDERATION 23 DEC 2013

MTS adds 10,000 base stations in 2013

Russian mobile operator MTS reported that it has increased the number of base stations on its network by 13 percent this year. The operator deployed around 10,000 base stations in 2013, raising the total to 78,000. GSM and 3G networks currently cover 98 percent of the country's area, offering up to 42 Mbps on 55 percent of the 3G base stations and up to 21 Mbps on the remainder. The LTE network works in Moscow, Tambov, Amur, Rostov, Kaluga, Kirov, Trans-Baykal, Pskov, Novosibirsk, Udmurtia and North Ossetia

TURKMENISTAN 19 NOV 2013

MTS Turkmenistan adds 127,000 customers in Q3

MTS Turkmenistan recorded revenue of TMT 70.2 million in the third quarter, a 20-fold increase since a year earlier when it re-launched its network. Compared to the second quarter, revenues rose 12 percent, and OIBDA was up 30 percent to TMT 26.9 million. The net profit totaled TMT 24 million in Q3. ARPU totaled TMT 12.0, up by 8 percent from Q2, while subscriber acquisition costs rose over the same period from TMT 13.6 to TMT 18.1. The operator added around 127,000 new customers in the quarter, for a total

ARMENIA 19 NOV 2013

Vivacell grows Q3 revenues 3.4%

Revenues at MTS Armenia totaled AMD 22.52 billion in the third quarter, up by 3.4 percent year-on-year thanks to growing sales of bundled and data services. OIBDA declined by 1.7 percent to AMD 12.25 billion amid a one-effect from equipment sales a year earlier, and the OIBDA margin dropped to 54.4 percent, down by 2.8 percentage points. The net profit totaled AMD 4.30 billion, up by 69.7 percent. MTS, which uses the Vivacell brand in Armenia, ended September with a total 2.382 million customers, up by 26,0

UKRAINE 19 NOV 2013

MTS Ukraine revenues down 1.2% in Q3

MTS Ukraine recorded third-quarter revenues of UAH 2.63 billion in Ukraine, down by 1.2 percent from a year earlier. The company said results were skewed by the impact of the Euro cup in Ukraine in the year-earlier period, as well as the continued lack of 3G licences to support data services and the weak economic climate. OIBDA declined by 4.3 percent to UAH 1.36 billion, hurt by higher subscriber acquisition costs, and the OIBDA margin dropped by 1.6 percentage points year-on-year to 55.1 percent. The net

RUSSIAN FEDERATION 18 NOV 2013

MGTS launches new strategy

Russian fixed operator MGTS reported that it has started implementing a new services strategy in the city of Moscow. The operator plans to focus on developing its data services, launching new products based on GPON. Almost 2 million households have already been connected to the GPON network in the capital city. The subscriber base using services over GPON doubles each quarter, and over 40 percent of new subscribers connect to multi-play services. MGTS focuses on broadband, HDTV and digital telephony servic

RUSSIAN FEDERATION 15 NOV 2013

MGTS grows revenues, net profit in 9 mths

Russian regional fixed operator MGTS said net profit, under Russian accounting standards, wasup 26 percent to RUB 8.905 billion in the first nine months of the year, compared to the year before, reports Prime. Revenues increased by 4.2 percent to RUB 20.682 billion. The gross profit increased by 1 percent to RUB 12.643 billion. Net profit grew by 2.1 percent to RUB 9.033 billion. Profit before taxes jumped by 20.9 percent to RUB 12.321 billion. Capex totaled RUB 14.557 billion, up 7.1 percent. Short-term de

RUSSIAN FEDERATION 15 NOV 2013

MTS subscriber base rises to 99.9 mln in Q3

Russian and the CIS mobile operator MTS reported that its subscriber base increased by 2.5 percent quarter-on-quarter to 99.94 million in the third quarter, an increase of 6.3 million from the year before. In Russia alone, the subscriber base jumped 2 percent quarter-on-quarter and 3.4 percent year-on-year to 73.14 million. In Ukraine, the number of subscribers reached 22.41 million, up 11.5 percent year-on-year and 3.8 percent quarter-on-quarter. In Armenia, the number amounted to 2.38 million, up 1.2 perc

RUSSIAN FEDERATION 28 OCT 2013

MTS launches LTE, GPON offer

Russian operator MTS has launched a combined offer of its LTE mobile internet and GPON fixed broadband services in Moscow. Up to 100 Mbps mobile broadband and up to 200 Mbps fixed broadband over the network of the operator MGTS is offered, with 20 percent of the subscription cost credited to the customer's balance. An advertising campaign to promote the offer was designed by the BBDO Moscow agency and will run until the end of November.

RUSSIAN FEDERATION 17 OCT 2013

MTS redeems bonds for RUB 10 bln

Russian mobile operator MTS has announced the redemption of its 01 series bonds. The RUB 10 billion issue with maturity in October was issued in October 2008, with an 18-month put option. The coupons were to be paid semi-annually at a rate of 14.01 percent. On 26 April 2010, upon execution of the put option by bondholders, MTS repurchased the series 01 ruble-denominated bond for RUB 7.1 billion.

RUSSIAN FEDERATION 20 AUG 2013

MTS profits boosted by Kyrgyzstan settlement

Russia and CIS mobile oeprator MTS reported second-quarter revenues up 5 percent from a year earlier to RUB 97 billion. OIBDA improved 10 percent to RUB 44 billion, increasing the margin 1.9 percent points year-on-year to 45.5 percent. The company recorded net profit of RUB 29 billion versus a loss of RUB 23 billion a year ago, helped by a one-time gain on the settlement of its dispute in Kyrgyzstan with Altimo and Beeline. Capex reached RUB 26 billion in the first six months of the year, equal to 13.7 perc

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.