Home › MTS revenues lift 1% in Q2, OIBDA under pressure from pandemic effects
 

Keywords :   


MTS revenues lift 1% in Q2, OIBDA under pressure from pandemic effects

2020-08-20 12:52:00| Telecompaper Headlines

(Telecompaper) Russian and CIS operator MTS reported revenues of RUB 117.7 billion in the second quarter, up by 1.3 percent year-on-year and slowing from 9 percent growth in the first quarter. Revenues for Russia alone went 0.8 percent higher to RUB 116.3 billion. Top-line growth saw significant positive contributions from both MTS Bank and core telecom services, offset by negative effects from the Covid-19 pandemic and related restrictions, the company said. 

Tags: effects pressure lift revenues

Category:Telecommunications

Latest from this category

All news
12.12AI in Financial Services 2025: Turning Intelligence Into Impact
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
Telecommunications »
16.12UK unemployment rate rises slightly to 5.1%
16.12Empty shelves fill food hub volunteers with dread
16.12Nissan begins building new Leaf in UK
16.12Ben & Jerry's row deepens as three board members removed
16.12Meet the biggest heat pumps in the world
16.12UK launches taskforce to 'break down barriers' for women in technology
16.12Thousands of drivers wrongly fined for speeding since 2021
16.12Ford to scale back electric vehicle plans, taking $19.5bn hit
More »