MainMarket in Brief

MTS

MTS Revenue for 2021 Grows by 8% to $4.3 Billion

March 3, 2022, 19:42 (UTC+3)|
362

The consolidated revenue of the MTS Group in 2021 increased by 8% compared to 2020 and amounted to $4.3 billion (534 billion rubles). The indicator grew in all businesses, including telecommunications, fintech and media. Russia accounts for 97% of the Group's revenue.

The company's revenue for the fourth quarter of 2021 increased to $1.1 billion (144 billion rubles), an increase of 7.5% year-on-year.

The number of MTS ecosystem clients reached 8.8 million at the end of the fourth quarter of 2021. The operator's customer base in Russia grew over the year to 80.4 million subscribers, or 2.5%.

The number of MTS Bank customers at the end of last year reached three million. The number of users of the OTT platform for the fourth quarter of 2021 increased by 15.2% compared to the third quarter of 2021, and also 1.6 times year-on-year, up to four million users.

Original (in Russian)

Subject:

#company_reporting

Companies:

#MTS

Share:

Learn more about Moscow IT Market by subscribing to our newsletters

By clicking the button you agree to Privacy Policy

Supported by the Moscow Government