Moscow, Russia
MTS Group, founded in 1993, stands as a leading force in the telecommunications landscape of Russia, Eastern Europe, and Central Asia. Known for its expansive reach, MTS provides a comprehensive suite of services including mobile and fixed voice, broadband, pay TV, and various content and entertainment offerings.
As of the end of 2010, MTS catered to over 108.1 million mobile subscribers across Russia, Ukraine, Uzbekistan, Turkmenistan, Armenia, and Belarus. Its fixed business extended to 9.9 million households, with notable broadband and pay-TV subscriber numbers. The company, under the ticker MBT, has been publicly traded on the New York Stock Exchange since July 2000.
MTS presents a compelling investment opportunity, showcased by revenues reaching $11.3 billion in 2010. As of the last investment round in August 2018, supported by Sistema Finance, the company is 50.8% majority-owned by Sistema, a major public diversified financial corporation in the region. Its strong positioning ranks it as the 2nd largest operator in Europe by proportionate subscriptions.
